TURNKEY + VALUE-ADD opportunity in South Shore! REHAB/RENOVATION FINANCING REQUIRED due to the remaining work in the legal garden unit. This is a LEGAL 4-UNIT. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals, new bathrooms, kitchens, flooring and light fixtures. All three units are VACANT and ready to lease at current market rents, allowing the next owner to select their own tenants and start generating rental income immediately. The legal 4th garden unit is a 1-bedroom, 1-bath offering even more rental income once the remaining improvements are completed. The three large upper units are ready to rent and can help support the property's expenses while the final unit is completed. A 3-car garage plus basement common area offer additional income potential through garage parking and coin laundry. An excellent opportunity for an investor or owner-occupant. FHA 203(k), Fannie Mae HomeStyle or other qualifying renovation financing required. Sold As-Is.
Active
Price cut: $9.1K (9/29)
$479,900
8010 S Phillips Ave, Chicago, IL 60617
10beds
--sqft
Multi Family
Built in 1926
-- sqft lot
$472,400 Zestimate®
$--/sqft
$-- HOA
What's special
New bathroomsUpdated mechanicalsBasement common area
- 12 days
- 326
- 45
Zillow last checked:
Listing updated:
Listed by:
Danica Matos (630)870-1000,
Smart Home Realty
Source: MRED as distributed by MLS GRID,MLS#: 12771712
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
- Full bathrooms: 4
- 1/2 bathrooms: 3
Heating
- Natural Gas, Forced Air, Sep Heating Systems - 2+
Features
- Basement: Unfinished,Exterior Entry,Full,Walk-Out Access
Property
Parking
- Total spaces: 3
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 3
Lot
- Size: 4,375 Square Feet
- Dimensions: 35X125
Details
- Parcel number: 21311080320000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1926
- Major remodel year: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $7,226
- Date on market: 9/29/2026
- Ownership: Fee Simple
Estimated market value
$472,400
$449,000 - $496,000
$1,252/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Listed for sale | $479,900-1.9% |
Source:  MRED as distributed by MLS GRID #12771712 Report a problem | ||
| 9/6/2026 | Contingent | $489,000 |
Source: MRED as distributed by MLS GRID #12740698 Report a problem | ||
| 8/24/2026 | Listed for sale | $489,000+88.8% |
Source: MRED as distributed by MLS GRID #12740698 Report a problem | ||
| 8/9/2024 | Sold | $259,000-5.8% |
Source: MRED as distributed by MLS GRID #12096112 Report a problem | ||
| 7/3/2024 | Contingent | $275,000 |
Source: MRED as distributed by MLS GRID #12096112 Report a problem | ||
| 6/24/2024 | Price change | $275,000-8.3% |
Source: MRED as distributed by MLS GRID #12074916 Report a problem | ||
| 6/7/2024 | Listed for sale | $299,900+48.1% |
Source: MRED as distributed by MLS GRID #12074916 Report a problem | ||
| 3/18/2024 | Sold | $202,500-10% |
Source: MRED as distributed by MLS GRID #11881227 Report a problem | ||
| 9/9/2023 | Listed for sale | -- |
Source: MRED as distributed by MLS GRID #11881227 Report a problem | ||
| 7/14/2018 | Listing removed | $224,900 |
Source: Anchor Realty Group Inc #09928738 Report a problem | ||
| 5/12/2018 | Pending sale | $224,900 |
Source: Anchor Realty Group Inc #09928738 Report a problem | ||
| 4/26/2018 | Listed for sale | $224,900-16.7% |
Source: Anchor Realty Group Inc #09928738 Report a problem | ||
| 10/23/2017 | Price change | $270,000-3.6% |
Source: Dream Town Realty #09655861 Report a problem | ||
| 6/11/2017 | Listed for sale | $280,000 |
Source: Dream Town Realty #09655861 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Chicago
Nearby schools
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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