25
See all 25 photos
$600,000
Est. payment /mo
11 Beds
7 Baths
Active Under Contract
7732 S Phillips AVE Chicago, IL 60649
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12660519
Bedrooms 11
Year Built 1923
Annual Tax Amount $3,109
Tax Year 2023
Lot Dimensions 3720
Property Sub-Type Two to Four Units
Property Description
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 $2500 per month for each of the three above-grade units, 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.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Forced Air, Steam
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Colleen Berg of Berg Properties
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in North Aurora, IL
- Homes For Sale in Crystal Lake, IL
- Homes For Sale in Wheaton, IL
- Homes For Sale in Gilberts, IL
- Homes For Sale in Montgomery, IL
- Homes For Sale in Batavia, IL
- Homes For Sale in Joliet, IL
- Homes For Sale in Oswego, IL
- Homes For Sale in Yorkville, IL
- Homes For Sale in West Chicago, IL
- Homes For Sale in Bolingbrook, IL
- Homes For Sale in Sandwich, IL
- Homes For Sale in Arlington Heights, IL
- Homes For Sale in Blue Island, IL
- Homes For Sale in Carol Stream, IL
- Homes For Sale in Elgin, IL
- Homes For Sale in Plano, IL
- Homes For Sale in Evergreen Park, IL
- Homes For Sale in Bloomingdale, IL
- Homes For Sale in Bloomingdale, IL
- Homes For Sale in Elmhurst, IL
- Homes For Sale in Dolton, IL
- Homes For Sale in Chicago, IL
- Homes For Sale in Harvard, IL
- Homes For Sale in Riverdale, IL
- Homes For Sale in Aurora, IL
- Homes For Sale in Darien, IL
- Homes For Sale in Waukegan, IL
- Homes For Sale in Minooka, IL
- Homes For Sale in Newark, IL
- Homes For Sale in Downers Grove, IL
- Homes For Sale in New Lenox, IL
- Homes For Sale in Maywood, IL
- Homes For Sale in Marseilles, IL