7725 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 12164258
Bedrooms 9
Year Built 1926
Annual Tax Amount $3,497
Tax Year 2022
Lot Dimensions 3720
Property Description
Prime Investment Opportunity: Rehab a Three-Story Brick Building in a High-Demand Area! Attention Investors and Developers! Seize the chance to transform this three-story brick building into a lucrative investment. Featuring three spacious apartments, each with 3 bedrooms, 2 baths, an in-unit laundry, a formal dining room, a large living room, and a kitchen, this property offers exceptional potential. With an unfinished basement included, there's an opportunity to add a fourth unit-unstamped plans for the basement unit are available! This rehab project requires all-new finishes, doors, flooring, HVAC, plumbing, and electrical, making it an ideal canvas for investors seeking to customize a property to maximize returns. Located in a sought-after area with limited 3-bedroom, 2-bath units, this building promises strong demand and a high return on investment. Don't miss out on this unique opportunity to capitalize on a rare find. Bring your vision and expertise to create a standout property in a thriving market! Contact us today to learn more and schedule a tour of your next profitable venture!
Location
State IL
County Cook
Area Chi - South Shore
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Waterfront false
Parking Type Off Alley
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None