Welcome to 7732 S. Phillips - an exceptionally large jumbo brick building offering over 7,500 square feet of living space plus an additional oversized storage room adjacent to the basement level. This is one of the largest multi-unit buildings in the neighborhood and presents a rare opportunity for both investors and owner-occupants seeking strong rental income and modern updates throughout. The property features three spacious residential units plus a beautifully finished garden-level living space that can serve perfectly as owner's quarters, extended living space, or additional income potential. The building has undergone extensive renovations with updated plumbing, electrical, and HVAC systems, along with modern kitchens and beautifully updated bathrooms featuring sleek contemporary finishes. Additional improvements include newer windows, roof, beautifully refinished hardwood floors, updated fixtures, and in-unit laundry hookups for added tenant convenience. The expansive unit layouts provide oversized living areas and generous bedroom sizes rarely found in today's market. With projected rental income of approximately $2,300 per month for each of the three above-grade units and an estimated $1,800 per month for the finished garden unit, the property offers potential gross rental income of approximately $8,700 per month, creating exceptional cash-flow potential in a rapidly appreciating area. Whether you are looking to house hack, expand your investment portfolio, or own one of the premier buildings in the neighborhood, 7732 S. Phillips delivers scale, functionality, and long-term upside. Massive square footage. Updated systems. Modern finishes. Strong income potential. A truly unique opportunity.
Active
$700,000
7732 S Phillips Ave, Chicago, IL 60649
9beds
--sqft
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- --
- on Zillow |
- 123
- views |
- 15
- saves |
Zillow last checked:
Listed by:
Colleen Berg 888-276-9959,
Berg Properties
Source: MRED as distributed by MLS GRID,MLS#: 12660519
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 7
Heating
- Forced Air, Steam
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 3,720 Square Feet
Details
- Parcel number: 21303180210000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1923
- Major remodel year: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $3,109
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2025 | Sold | $240,000-12.7% |
Source: | ||
| 10/10/2024 | Contingent | $275,000 |
Source: | ||
| 10/4/2024 | Listed for sale | $275,000 |
Source: | ||
| 8/23/2024 | Contingent | $275,000 |
Source: | ||
| 7/12/2024 | Price change | $275,000+9.6% |
Source: | ||
| 6/14/2024 | Price change | -- |
Source: | ||
| 6/12/2024 | Listed for sale | $251,000-6.3% |
Source: | ||
| 2/13/2024 | Contingent | $267,750 |
Source: | ||
| 1/23/2024 | Listed for sale | $267,750 |
Source: | ||
| 12/26/2023 | Contingent | $267,750 |
Source: | ||
| 12/2/2023 | Listed for sale | $267,750-10.8% |
Source: | ||
| 5/17/2023 | Contingent | $300,000 |
Source: | ||
| 5/6/2023 | Listed for sale | $300,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: South Shore
Nearby schools
GreatSchools rating
- 2/10Bradwell Community Arts & Sci Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 4/10South Shore Intl Col Prep High SchoolGrades: 9-12Distance: 0.6 mi
- 1/10Chicago Vocational Career Academy High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Cook County
- Chicago
- 60649
- South Shore
- 7732 S Phillips Ave






