Chicago, 7608 - 10 S Phillips Avenue IL

$450,000 Sale

Listed 46 days ago

7608 - 10 S Phillips Avenue IL

MLS® 12309243 Multi Family 5+

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Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$1,707/mo

Property Taxes

$99,999/yr

Association Fee

$0.00/mo

Key Facts

Key facts for 7608 - 10 S Phillips Avenue IL

Property Type

Commercial

Parking

MLS #

12309243

Size

Basement

Unfinished

Listed on

Lot size

Tax

$99,999 /yr

Days on Market

Year Built

1925

Maintenance Fee

Description

Prime South Shore 6-Unit Investment Opportunity! Located at 7608 S Phillips, Chicago, IL 60649, this solid brick 6-unit building has reverted to multifamily rental in ongoing court case offering a fantastic value-add opportunity. Each spacious unit features 3-4 bedrooms, 2 bathrooms, hardwood floors..., formal dining rooms and open rear porches, with select units boasting open floor plans. The property includes a full unfinished basement and two garages (one 2-car, one 3-car). Situated in the rapidly developing South Shore neighborhood, it is close to the Obama Presidential Center, Jackson Park, Metra, CTA, and the Lake Michigan. A prime opportunity for investors seeking strong rental income potential in a high-demand area! Sold AS-IS. All offers subject to judicial approval.

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Full Property Details

Interior

Washrooms

Basement

Unfinished

Heating Source

Forced Air,Gas,Individual Furnaces

Heating Type

Forced Air,Gas,Individual Furnaces

Air Conditioning

None

Fireplace

Washrooms

Basement

Unfinished

Heating Source

Forced Air,Gas,Individual Furnaces

Heating Type

Forced Air,Gas,Individual Furnaces

Air Conditioning

None

Fireplace

Exterior

Lot Dimensions

50 X 131

Parking Spaces

Total Parking Spaces

Garage Spaces

Lot Dimensions

50 X 131

Parking Spaces

Total Parking Spaces

Garage Spaces

Building Description

Property Type

Commercial Sale

Home Type

Commercial

Subtype

Multi Family 5+

Year Built

1925

Water Supply

Municipal Water

Roof Type

Flat

New Construction

Construction Materials

Brick

Property Type

Commercial Sale

Home Type

Commercial

Subtype

Multi Family 5+

Year Built

1925

Water Supply

Municipal Water

Roof Type

Flat

New Construction

Construction Materials

Brick

Community

County

Cook

County

Cook

Taxes & Fees

Taxes

$99,999 /yr

Tax Year

2023

HOA Fee

$0.00 /mo

Taxes

$99,999 /yr

Tax Year

2023

HOA Fee

$0.00 /mo

Other

Directions

Yates Blvd to 76th St, east one street to Phillips Ave, then south to address

Directions

Yates Blvd to 76th St, east one street to Phillips Ave, then south to address

Grant Alexander

Email: [email protected] Cell: 708-573-0474