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7424 S Phillips Avenue

Chicago, Illinois 60649

Corey Miller

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Property Type
Multiple Unit (2-4)
South Shore

Awesome income producing investment property in the south shore neighborhood! This owner has MAXIMIZED his rental income by renting each of the 13 rooms individually. Current rent per month is $3,425. When full, at the current rates, the potential rent is $5,425!!! Many recent projects have been completed: Brand NEW ELECTRIC, NEW rear porches, recently tuck pointed. Living space in basement was recently permitted and brought up to code. FURNISHED UNITS. All furniture stays. The property does need some cosmetic upgrades. This WILL NOT last long! Conveniently located! Hop onto lake shore drive and be down town in less than 20 minutes. Just a couple blocks from the wonderful south shore cultural center and a few short minutes to 63rd street beach. Easy walk to CTA bus and Metra train.

Full Features
Exterior Type: Brick
Basement: Finished
Beds Above Grade: 11
Heating System: Gas
Pool: No
Age: 100+ Years
Parking Type: Garage
Parking Spaces: 2
Room Count: 11
Water Front: No
Square Feet: N/A
Tax Amount: $4,062
Tax Year: 2017

Taxes & Assessments
Taxes: $4,062

Listing information updated today (9/15/2019)

South Shore photo

South Shore

Once a vacation destination for Chicago’s elite, the South Shore has become an increasingly popular place to call home. Located on Chicago’s scenic lakefront, the neighborhood’s beautiful beaches, plentiful green space and easy access to downtown via Lake Shore Drive…

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School District(s)
City Of Chicago SD 299
Elementary School
Powell Elem Paideia Comm Academy
Middle School
Powell Elem Paideia Comm Academy
High School
Chicago Vocational Career Acad High School, School Of Leadership High School, South Shore Intl Col Prep High School

School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

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Nearby Public Transportation

Metra Electric South Chicago Branch, Metra Electric Main Branch, South Shore

at Windsor Park Metra (0.31 miles away), Grand Crossing Metra, 63rd Street


7424 S Phillips Avenue Chicago, Illinois 60649 is a multiple unit (2-4) currently listed at $284,900. 7424 S Phillips Avenue features 11 bedroom(s) and 4 bath(s). This multiple unit (2-4) has been listed on @properties since August 12th, 2019 and was built in 1913. Nearby schools include Powell Elem Paideia Comm Academy, Chicago Vocational Career Acad High School, School Of Leadership High School. The nearest transit stops include Metra Electric South Chicago Branch Windsor Park Metra. Want to learn more about 7424 S Phillips Avenue Chicago, Illinois 60649? Contact an @properties agent to request more info.