IL
Cook
Phoenix
60426
615 Frances Street
615 Frances Street, Phoenix, IL 60426
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Listing Type
Multi Family
Listing Status
active
10
$179,900

Home Details for 615 Frances Street

Price
$179,900
Type
Residential Income
Bedrooms
8
Bathrooms
4.0
Square feet
NaN
Lot size acres
0.07
County
Cook
Total rooms
12
Garage
Basement
Crawl Space
Days on site
63
MLS Listing#
12463986
Property Description

Fantastic investment opportunity in beautiful and serene Phoenix, IL! This solid 4-unit apartment building is fully rented with long-term month-to-month tenants, and current rents offer plenty of room for substantial increases. Each apartment features two bedrooms and one bathroom, with one of the units recently remodeled and upgrades throughout. Major improvements have already been made: the roof is only 1.5 years old, the rear porch is less than five years old, and the front porch was just replaced in 2025 with a $30,000 investment. All units have separate heating systems and hot water tanks, giving tenants full independence. Outside, there's plenty of street parking plus two unassigned spots in the rear, and the property includes an additional lot next door, offering potential for expansion. Whether you're looking for a potential cash cow or a great setup for related living, this is an incredible opportunity in a welcoming community.

Property Features
  • Parking
    • Unassigned
    • Off Street
    • On Site
  • Heating Information
    • Steam
  • Water Features
    • Public
  • Basement
    • Crawl Space
School Information
School Information for 615 Frances Street, Phoenix, IL 60426
Elementary School
Madison School
Middle School
Coolidge Middle School
High School
Thornton Township High School
Listing Courtesy: Alexander & Associates Realty Group - 708-689-4557
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-10-27 18:00:39. 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.
Last Updated: 2025-10-27 18:00:39
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EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Suite 7, Chicago, IL 60643
Office
708 573 8801
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