IL
Cook
Chicago
60649
7732 S Phillips Avenue
7732 S Phillips Avenue, Chicago, IL 60649
Share Listing
Listing Type
Multi Family
Listing Status
Active
25
$700,000

Home Details for 7732 S Phillips Avenue

Price
$700,000
Type
Residential Income
Bedrooms
11
Total Bathrooms
7
Year built
1923
County
Cook
Total rooms
24
Garage
2
Basement
Unfinished, Full
MLS Listing#
12660519
Property Description

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 per unit, this property offers outstanding 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.

Property Features
  • Parking
    • Garage Door Opener
    • Detached
    • Garage
  • Heating Information
    • Forced Air
    • Steam
  • Basement
    • Unfinished
    • Full
Listing Courtesy: Berg Properties - 888-276-9959
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-06-03 04:21:03. 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: 2026-06-03 04:21:03
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Unit 6 and 11, Chicago, IL 60643
Office
708 573 8801
Request more details
Code: