$ 275,000
7725 S Phillips AVE Chicago, IL 60649
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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
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
$ 275,000
Est. payment /mo
Active
7725 S Phillips AVE Chicago, IL 60649
9 Beds
UPDATED:
10/31/2024 05:06 AM
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
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Curtis Jones • Coldwell Banker Realty