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$1,740,000
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7251 S Phillips Avenue

Chicago, Illinois 60649
Closed / MLS #10310088 / Multiple Family / South Shore
Listing information updated 8/4/2023 at 2:03pm
The asset is comprised of eighteen (18) Studios, nine (9) 1Bd/1Ba units, and nine (9) 2Bd/1Ba units. 23 of the units have been recently renovated. The renovated units have new kitchens and baths complete with stainless steel appliances and granite counter-tops. The remaining 13 of the units we're renovated approximately 10 years ago. Those 13 units are in good shape, but are rented at significantly lower rates compared to similar units on the market.

Full Features

Water Front:
No
Square Feet:
N/A
Built:
1922
Stories:
3
Current Net Income:
$171,681
Unit 1:
3 room(s) / 0 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 1 bed(s) / 1 bath(s)
Unit 3:
5 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$199
Tax Year:
2017

Location

Zip Code:
60649
City:
Chicago
County:
Cook

Listing Office: Kiser Group Realty Inc

Listing Office Phone: 773.293.5000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/4/2023 at 2:03pm. 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.

South Shore

South Shore, IL

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 are attracting a new gener...

Metra

Metra
Metra Electric South Chicago Branch line at South Shore Metra
$179,600
Average Sale Price
92
Average Days On The Market
93%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 7251 S Phillips Avenue, Chicago, IL 60649

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7251 S Phillips Avenue is a multiple family which sold for $1,740,000. This multiple family has been listed on @properties since March 15th, 2019 and was built in 1922. The nearest transit stops include South Shore Metra Metra Metra Electric South Chicago Branch line.

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