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$ 399,900
Est. payment /mo
Price Dropped by $19K
7721 S Phillips AVE Chicago, IL 60649
9 Beds
3,484 Sqft Lot
UPDATED:
11/01/2024 10:31 PM
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 units 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 is vacant and available for showings. Each unit has potential for higher rents . Don't miss this fantastic opportunity, building sold as-is.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Rooms
Basement Full
Interior
Heating Other
Fireplace N
Exterior
Garage Detached
Garage Spaces 2.0
Waterfront false
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
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Waldemar Komendzinski • Landmark Realtors