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$440,000
Est. payment /mo
9 Beds
6 Baths
UPDATED:
01/08/2025 03:51 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12205420
Style Traditional
Bedrooms 9
Year Built 1928
Annual Tax Amount $3,321
Tax Year 2023
Lot Dimensions 125X40
Property Description
Welcome to 7825 S Phillips Ave in the revitalized South Shore neighborhood- a prime choice for investors or buyers seeking both lifestyle and income potential. This property is a legal 3-flat, with each spacious unit offering 3 bedrooms and 2 baths. The property's updates include newer windows. A full spacious basement, with a 3-car garage with a driveway which provides secure parking- a rare find in the city. Location is a standout, with the Metra Cottage Grove Station just 3.7 miles away, connecting tenants quickly to downtown Chicago. For recreation, the nearby South Shore Beach and Cultural Center offers a beach, nature sanctuary, and event venues, adding year-round activities that appeal to a wide range of renters. Plus, with Midway Airport within a 23-minute drive, this property combines convenience with lifestyle appeal. Whether you're a first-time investor or looking to expand your portfolio, this is an exciting, income-generating property in a neighborhood with increasing demand. Don't miss your chance to own in South Shore- your tenants will love the amenities, and you'll love the returns!
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 3.0
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Sewer Other
Water Public
New Construction false
Schools
Elementary Schools Bradwell Comm Arts & Sci Element
Middle Schools Canter Middle School
High Schools John Hope College Preparatory Se
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sergio Hernandez • Coldwell Banker Realty