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$ 450,000
Est. payment | /mo
10,236 SqFt
$ 450,000
Est. payment | /mo
10,236 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 10,236 sqft
Price per Sqft $43
MLS Listing ID 12309243
Year Built 1925
Annual Tax Amount $99,999
Tax Year 2023
Lot Dimensions 50 X 131
Property Sub-Type Multi Family 5+
Property Description
Prime South Shore 6-Unit Investment Opportunity! Located at 7608 S Phillips, Chicago, IL 60649, this solid brick 6-unit building has reverted to multifamily rental in ongoing court case offering a fantastic value-add opportunity. Each spacious unit features 3-4 bedrooms, 2 bathrooms, hardwood floors, formal dining rooms and open rear porches, with select units boasting open floor plans. The property includes a full unfinished basement and two garages (one 2-car, one 3-car). Situated in the rapidly developing South Shore neighborhood, it is close to the Obama Presidential Center, Jackson Park, Metra, CTA, and the Lake Michigan. A prime opportunity for investors seeking strong rental income potential in a high-demand area! Sold AS-IS. All offers subject to judicial approval.
Location
State IL
County Cook
Rooms
Basement Unfinished
Interior
Cooling None
Fireplace Y
Exterior
View Y/N true
Building
Water Municipal Water
Structure Type Brick
Others
HOA Fee Include None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ronald Branch • RLB Realty Group, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "