TURNKEY + VALUE-ADD opportunity in South Shore! This LEGAL 4-UNIT offers a rare combination of immediate rental potential and room to create additional income. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals and are VACANT and ready to lease at current market rents-allowing the next owner to select their own tenants and build their rent roll from day one. The legal 4th garden unit is a 1-bedroom, 1-bath and offers the opportunity to complete the remaining improvements and unlock even more rental income. Even better, the three completed units are positioned to support the property's overhead while the final unit is completed. A 3-car garage and the opportunity for additional income through garage parking and coin laundry in basement common area. An excellent opportunity for an investor or owner-occupant looking for a renovated multi-unit with multiple income streams and additional upside. Sold as-is
New
$489,000
8010 S Phillips Ave, Chicago, IL 60617
10beds
--sqft
Multi Family
Built in 1926
-- sqft lot
$478,400 Zestimate®
$--/sqft
$-- HOA
What's special
Garage parking
- 1 day |
- 114 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Danica Matos 312-802-3759,
Smart Home Realty
Source: MRED as distributed by MLS GRID,MLS#: 12740698
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: 8/24/2026
- Ownership: Fee Simple
Estimated market value
$478,400
$454,000 - $502,000
$1,344/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | Price change | $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
GreatSchools rating
- 4/10Coles Elementary Language AcademyGrades: PK-8Distance: 0.6 mi
- 4/10South Shore Intl Col Prep High SchoolGrades: 9-12Distance: 0.8 mi
- 1/10Chicago Vocational Career Academy High SchoolGrades: 9-12Distance: 0.9 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.
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A local agent can set up tours, give advice and negotiate with sellers.
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