7608 - 10 South Phillips, Chicago IL 60649
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.
Features & Information
Key Details
- List Price $450,000
- Property Taxes $99,999
- Price/ Sq. Ft. Unavailable
- Year Built 1925
- Status New
Building Information
- Age of Building Older
- Exterior Construction Brick
- Heating & Cooling Forced Air, Gas, Individual Furnaces
Location
- County Cook
- Directions to Property Yates Blvd To 76th St, East One Street To Phillips Ave, Then South To Address
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Property Taxes
- Tax 99999
- Parcel Identification Number 21313070260000
Listed by Ronald Branch for RLB Realty Group, Inc. | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 3/14/2025 6:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore South Chicago
In a community that once buzzed with the heavy production of US Steel (one of the country's major steel manufacturers), South Chicago is a neighborhood rich in history centered about industry and organized labor. Today, these former industrial areas near Lake Michigan are some of the last few fleeting frontiers for development in the city. Acres of land along South Chicago's lakefront have not yet been built up — begging the interest of commercial and residential developers who continue to push south in search of prime real estate property. The neighborhood is bordered to the west by the Chicago Skyway, providing the region with good transportation. Both public schools and private academies dot the area, affording families their choice of scholastic options.
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