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 unit 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 are vacant and available for showings. Each unit has potential for higher rents. Building is being Sold As-Is.
Contingent
$389,900
7721 S Phillips Ave, Chicago, IL 60649
9beds
--sqft
Est.:
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High ceilingsStylish bathroomsGranite countertopsHardwood floorsStainless steel appliances
- 150 days
- on Zillow |
- 158 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 02:28pm
Listing courtesy of:
Waldemar Komendzinski 773-467-8500,
Landmark Realtors
Source: MRED as distributed by MLS GRID,MLS#: 12309147

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,484.8 Square Feet
Details
- Parcel number: 21303190050000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Other
- Water: Other
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $3,811
- Date on market: 3/11/2025
- Ownership: Fee Simple
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