7721 S Phillips AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60649
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12153691
Bedrooms 9
Year Built 1922
Annual Tax Amount $3,883
Tax Year 2022
Lot Size 3,484 Sqft
Lot Dimensions 3720
Property Description
A must-see investment opportunity! This spacious 3-flat offers excellent rental income potential. Fully rehabbed in 2018, each unit boasts 3 large bedrooms, 1.5 baths, hardwood floors, and high ceilings that enhance the bright, airy feel throughout. Updated features include granite countertops, stainless steel appliances, and stylish bathrooms, complemented by neutral tones that suit any decor. Washer/dryer available in each unit in as-is condition. The 2nd floor unit is occupied by long-term tenants on month-to-month leases, providing immediate income with room for rental increases. The 1st and 3rd floor unit are vacant and available for showings. Each unit has potential for higher rents. Don't miss this fantastic opportunity, building is being Sold As-Is.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Rooms
Basement Full
Interior
Heating Other
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Sewer Other
Water Other
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None