


7732 S Phillips AvenueChicago, IL 60649
Multi-Family · 9 Beds7732 S Phillips Avenue Overview
- Time on Site:
- 27 days
- Visits:
- 0
Welcome to 7732 S. Phillips - an exceptionally large jumbo brick building offering over 7,500 square feet of living space plus an additional oversized storage room adjacent to the basement level. This is one of the largest multi-unit buildings in the neighborhood and presents a rare opportunity for both investors and owner-occupants seeking strong rental income and modern updates throughout. The property features three spacious residential units plus a beautifully finished garden-level living space that can serve perfectly as owner's quarters, extended living space, or additional income potential. The building has undergone extensive renovations with updated plumbing, electrical, and HVAC systems, along with modern kitchens and beautifully updated bathrooms featuring sleek contemporary finishes. Additional improvements include newer windows, roof, beautifully refinished hardwood floors, updated fixtures, and in-unit laundry hookups for added tenant convenience. The expansive unit layouts provide oversized living areas and generous bedroom sizes rarely found in today's market. With projected rental income of approximately $2,300 per month for each of the three above-grade units and an estimated $1,800 per month for the finished garden unit, the property offers potential gross rental income of approximately $8,700 per month, creating exceptional cash-flow potential in a rapidly appreciating area. Whether you are looking to house hack, expand your investment portfolio, or own one of the premier buildings in the neighborhood, 7732 S. Phillips delivers scale, functionality, and long-term upside. Massive square footage. Updated systems. Modern finishes. Strong income potential. A truly unique opportunity.
7732 S Phillips Avenue Facts & Features
- Type Multi-Family
Details
General
School Information
- School District: 299
Building Information
- New Construction: No
- Year Built: 1923
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - South Shore
- Township: South Chicago
Tax Information
- Tax Annual Amount: $3,109.00
- Tax Year: 2023
General Information
- Ownership: Fee Simple
- Parcel Number: 21303180210000
- Property Type: Residential Income
- Special Listing Conditions: None
- Zoning: MULTI
Interior
Parking Information
- Half Baths Building: 0
- Garage Spaces: 2
Beds/Baths
- Bathrooms Total: 7
- Bedrooms Total: 11
- Bedrooms Possible: 11
- Full Baths Building: 7
General Information
- Basement: Unfinished, Full
- Heating: Forced Air, Steam
- Rooms Total: 24
Exterior
Parking Information
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
- Parking Total: 2
Lot Information
- Lot Size Dimensions: 3720
- Water Source: Lake Michigan
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 3
- Baths Total: 2
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 3
- Baths Total: 2
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 3
- Baths Total: 2
7732 S Phillips Avenue Neighborhood
Community
60649 (Chicago) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.7732 S Phillips Avenue Monthly Cost
7732 S Phillips Avenue Market Data
Based on the last 30 days in this zip code
7732 S Phillips Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: MRED | Active |
|
| 6/22/2026Source: MRED | Re-activated |
|
| 6/8/2026Source: MRED | Contingent |
|
| 6/7/2026Source: MRED | Active |
|
| 6/2/2026Source: MRED | June 02, 2026 |
|
| 5/19/2025Source: MRED | Closed |
|
| 10/10/2024Source: MRED | Contingent |
|
| 10/9/2024Source: MRED | Active |
|
| 10/4/2024Source: MRED | Re-activated |
|
| 8/23/2024Source: MRED | Contingent |
|
| 7/17/2024Source: MRED | Active |
|
| 7/12/2024Source: MRED | $275,000 9.6% |
|
| 7/12/2024Source: MRED | Re-activated |
|
| 6/14/2024Source: MRED | Auction |
|
| 6/12/2024Source: MRED | June 12, 2024 |































