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:
Listing updated:
Listed by:
Colleen Berg888-276-9959,
Berg Properties
Source: MRED as distributed by MLS GRID,MLS#: 12660519
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
Date on market: 6/2/2026
Ownership: Fee Simple
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
4/22/2025
Sold
$240,000-12.7%
Source: MRED as distributed by MLS GRID #12082029Report a problem
10/10/2024
Contingent
$275,000
Source: MRED as distributed by MLS GRID #12082029Report a problem
10/4/2024
Listed for sale
$275,000
Source: MRED as distributed by MLS GRID #12082029Report a problem
8/23/2024
Contingent
$275,000
Source: MRED as distributed by MLS GRID #12082029Report a problem
7/12/2024
Price change
$275,000+9.6%
Source: MRED as distributed by MLS GRID #12082029Report a problem
6/14/2024
Price change
--
Source: MRED as distributed by MLS GRID #12082029Report a problem
6/12/2024
Listed for sale
$251,000-6.3%
Source: MRED as distributed by MLS GRID #11968475Report a problem
2/13/2024
Contingent
$267,750
Source: MRED as distributed by MLS GRID #11968475Report a problem
1/23/2024
Listed for sale
$267,750
Source: MRED as distributed by MLS GRID #11776943Report a problem
12/26/2023
Contingent
$267,750
Source: MRED as distributed by MLS GRID #11776943Report a problem
12/2/2023
Listed for sale
$267,750-10.8%
Source: MRED as distributed by MLS GRID #11776943Report a problem
5/17/2023
Contingent
$300,000
Source: MRED as distributed by MLS GRID #11776943Report a problem
5/6/2023
Listed for sale
$300,000
Source: MRED as distributed by MLS GRID #11776943Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
See how much you could borrow to make a competitive offer.
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.