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  • $700,000

    7732 S Phillips Ave, Chicago, IL 60649

    9beds
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    Multi Family
    Built in 1923
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
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    Zillow last checked:

    Listed by:

    Colleen Berg 888-276-9959,

    Berg Properties

    Source: MRED as distributed by MLS GRID,MLS#: 12660519MLS Logo

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      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

        DateEventPrice
        4/22/2025Sold$240,000-12.7%
        Source: MRED as distributed by MLS GRID #12082029 Report a problem
        10/10/2024Contingent$275,000
        Source: MRED as distributed by MLS GRID #12082029 Report a problem
        10/4/2024Listed for sale$275,000
        Source: MRED as distributed by MLS GRID #12082029 Report a problem
        8/23/2024Contingent$275,000
        Source: MRED as distributed by MLS GRID #12082029 Report a problem
        7/12/2024Price change$275,000+9.6%
        Source: MRED as distributed by MLS GRID #12082029 Report a problem
        6/14/2024Price change--
        Source: MRED as distributed by MLS GRID #12082029 Report a problem
        6/12/2024Listed for sale$251,000-6.3%
        Source: MRED as distributed by MLS GRID #11968475 Report a problem
        2/13/2024Contingent$267,750
        Source: MRED as distributed by MLS GRID #11968475 Report a problem
        1/23/2024Listed for sale$267,750
        Source: MRED as distributed by MLS GRID #11776943 Report a problem
        12/26/2023Contingent$267,750
        Source: MRED as distributed by MLS GRID #11776943 Report a problem
        12/2/2023Listed for sale$267,750-10.8%
        Source: MRED as distributed by MLS GRID #11776943 Report a problem
        5/17/2023Contingent$300,000
        Source: MRED as distributed by MLS GRID #11776943 Report a problem
        5/6/2023Listed for sale$300,000
        Source: MRED as distributed by MLS GRID #11776943 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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

        Getting around

        75 / 100
        Very Walkable
        66 / 100
        Good Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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