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$ 399,900

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Price Dropped by $19K

7721 S Phillips AVE Chicago, IL 60649

9 Beds

3,484 Sqft Lot

UPDATED:

10/20/2024 06:37 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

Listed by Waldemar Komendzinski • Landmark Realtors

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