7251 S Phillips Avenue

Chicago, Illinois 60649

Gwen Stark

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Square Footage

Property Type
Multiple Family
South Shore

36 unit classic Chicago multifamily courtyard Building located in the heart of the South Shore. Mix of studio's (18), one (6) and two bedroom (12) units. Value add driven through management, increasing rents, leasing remaining units, operations. Current occupancy 66%. Taxes 2014 payable 2015 $14,730.06. Back up package available.

Full Features
Exterior Type: Brick,Stone
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: 30,000
Tax Amount: $14,730
Built: 1940
Cooling System: None
Stories: 3
Roof: Rubber
Current Use: Condominium, Residential-Multi-Family
Potential Use: Residential-Multi-Family
Zoning: MULTI
Building Square Feet: 30,000
Current Net Income: $14,304
Unit 1: 2 room(s) / 0 bed(s) / 1 bath(s)
Unit 2: 3 room(s) / 1 bed(s) / 1 bath(s)
Unit 3: 5 room(s) / 2 bed(s) / 1 bath(s)
Unit 4: 4 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments
Taxes: $14,730

Listing Office: Chicago Real Estate Resources

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South Shore photo

South Shore

Once a vacation destination for Chicago’s elite, the South Shore neighborhood 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…

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Nearby Public Transportation

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

at South Shore Metra (0.15 miles away), Grand Crossing Metra, 63rd Street

7251 S Phillips Avenue Chicago, Illinois 60649 is a multiple family property, which sold for $915,000. Want to learn more about 7251 S Phillips Avenue Chicago, Illinois 60649? Contact an @properties agent to request more info.

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