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Off market
  • $400,300

    7424 S Phillips Ave, Chicago, IL 60649

    11beds
    3,710sqft
    MultiFamily
    Built in 1913
    -- sqft lot
    $400,300 Zestimate®
    $108/sqft
    $1,462 Estimated rent

    Home value

    $400,300

    $332,000 - $464,000

    $1,462/mo

    Zestimate® history
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    $1,462/mo

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    $1,462/mo

    Rent Zestimate®

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    $2,823/mo

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    $2,823/mo

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    What's special

    Awesome income producing investment property in the south shore neighborhood! This owner has MAXIMIZED his rental income by renting each of the 13 rooms individually. Current rent per month is $3,425. When full, at the current rates, the potential rent is $5,425!!! Many recent projects have been completed: Brand NEW ELECTRIC, NEW rear porches, recently tuck pointed. Living space in basement was recently permitted and brought up to code. FURNISHED UNITS. All furniture stays. The property does need some cosmetic upgrades. This WILL NOT last long! Conveniently located! Hop onto lake shore drive and be down town in less than 20 minutes. Just a couple blocks from the wonderful south shore cultural center and a few short minutes to 63rd street beach. Easy walk to CTA bus and Metra train.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Other, Gas
    Cooling
    • None
    Appliances
    • Included: Microwave, Refrigerator
    Features
    • Flooring: Other
    • Basement: Finished
    Interior area
    • Total interior livable area: 3,710 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 2130115020

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1913

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Built Before 1978 (Y/N): Yes
    • Exterior Building Type: Brick
    • Heat/Fuel: Gas
    • Sewer: Sewer-Public
    • Listing Type: Exclusive Right To Sell
    • Parking Type: Garage
    • Status: Active
    • Water: Lake Michigan
    • Other Information: Commuter Train, Commuter Bus, Interstate Access
    • Basement: Finished
    • Age: 100+ Years
    • Appliances/Features Unit 1: Stove, Refrigerator, Microwave
    • 3 Br Un In Bldg (Y/N): Yes
    • Type-Multi: 3 Flat
    • Garage On-Site: Yes
    • Garage Type: Detached2, Detached
    • Lot Dimensions: 25X124
    • Appliances/Features Unit 2: Stove, Refrigerator, Microwave
    • Garage Ownership: Owned
    • Basement (Y/N): Full
    • Appliances/Features Unit 3: Stove, Refrigerator, Microwave
    • Tax Year: 2017
    • Equipment: Multiple Water Heaters
    • Parcel Identification Number: 21301150200000

    Price history

    DateEventPrice
    5/23/2025Listing removed$324,999$88/sqft
    Source: MRED as distributed by MLS GRID #12064767 Report a problem
    7/3/2024Contingent$324,999$88/sqft
    Source: MRED as distributed by MLS GRID #12064767 Report a problem
    6/24/2024Listed for sale$324,999$88/sqft
    Source: MRED as distributed by MLS GRID #12064767 Report a problem
    6/7/2024Contingent$324,999$88/sqft
    Source: MRED as distributed by MLS GRID #12064767 Report a problem
    5/23/2024Listed for sale$324,999+14%$88/sqft
    Source: MRED as distributed by MLS GRID #12064767 Report a problem
    5/23/2024Listing removed--
    Source: MRED as distributed by MLS GRID #11990601 Report a problem
    3/5/2024Contingent$284,999$77/sqft
    Source: MRED as distributed by MLS GRID #11990601 Report a problem
    2/27/2024Listed for sale$284,9990%$77/sqft
    Source: MRED as distributed by MLS GRID #11990601 Report a problem
    12/3/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11738353 Report a problem
    7/7/2023Contingent$285,000$77/sqft
    Source: MRED as distributed by MLS GRID #11738353 Report a problem
    6/14/2023Price change$285,000-18.6%$77/sqft
    Source: MRED as distributed by MLS GRID #11738353 Report a problem
    3/16/2023Listed for sale$350,000+25.4%$94/sqft
    Source: MRED as distributed by MLS GRID #11738353 Report a problem
    10/27/2019Listing removed$279,000$75/sqft
    Source: @properties #10482554 Report a problem
    10/17/2019Price change$279,000-2.1%$75/sqft
    Source: @properties #10482554 Report a problem
    9/13/2019Price change$284,900-3.4%$77/sqft
    Source: @properties #10482554 Report a problem
    8/21/2019Price change$295,000-3.3%$80/sqft
    Source: @properties #10482554 Report a problem
    8/12/2019Listed for sale$305,000+16.4%$82/sqft
    Source: @properties #10482554 Report a problem
    3/30/2017Listing removed$1,300
    Source: Letts Property Management Report a problem
    3/29/2017Listed for rent$1,300+17.2%
    Source: Letts Property Management Report a problem
    10/24/2016Sold$262,000-3%$71/sqft
    Source: MRED as distributed by MLS GRID #09332980 Report a problem
    9/3/2016Listed for sale$270,000+55.2%$73/sqft
    Source: Dream Spots Leasing Inc #09332980 Report a problem
    12/22/2015Listing removed$1,109
    Source: Postlets Report a problem
    12/2/2015Listed for rent$1,109
    Source: Postlets Report a problem
    8/9/2013Sold$174,000+228.3%$47/sqft
    Source: Public Record Report a problem
    11/24/2009Sold$53,000-53.9%$14/sqft
    Source: MRED as distributed by MLS GRID #07316553 Report a problem
    2/19/1999Sold$115,000$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $38,000 +280%
    2023$2,117 +2.9%$10,000
    2022$2,057 +2.3%$10,000
    2021$2,011 -53%$10,000 -47.9%
    2020$4,274 -2.4%$19,186 -12%
    2019$4,381 +1.7%$21,803
    2018$4,307 +6%$21,803 +15.5%
    2017$4,063 +7.5%$18,873
    2016$3,780 +9.3%$18,873
    2015$3,458 -3.1%$18,873 -1.9%
    2014$3,571 +2%$19,244
    2013$3,500 +1.4%$19,244
    2012$3,453 +14%$19,244 +2.9%
    2011$3,029 -19%$18,693 -18.6%
    2010$3,739 +4.4%$22,975
    2009$3,583 -20.2%$22,975 -26.6%
    2008$4,488 +1%$31,286
    2007$4,443 -1.1%$31,286
    2006$4,491 +34.6%$31,286 +53.2%
    2005$3,337 +1%$20,422
    2004$3,303 +2.2%$20,422
    2003$3,232 +12.6%$20,422 +27.9%
    2002$2,870 +29.2%$15,973
    2001$2,221 -11.4%$15,973
    2000$2,507 -0.7%$15,973 +22.4%
    1999$2,524 $13,049

    Find assessor info on the county website

    Neighborhood: South Shore

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $400,300
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    Estimated market value
    $400,300