AN ADDITIONAL $30,000 PRICE REDUCTION BY SELLER IS IN EFFECT!!! Prime South Shore 6-Unit Investment Opportunity! Located at 7608-10 S Phillips, Chicago, IL 60649, this solid brick 6-unit building has reverted to multifamily rental in ongoing court case offering a fantastic value-add opportunity. Each spacious unit features 3-4 bedrooms, 2 bathrooms, hardwood floors, formal dining rooms and open rear porches, with select units boasting open floor plans. The property includes a full unfinished basement and two garages (one 2-car, one 3-car). Situated in the rapidly developing South Shore neighborhood, it is close to the Obama Presidential Center, Jackson Park, Metra, CTA, and the Lake Michigan. A prime opportunity for investors seeking strong rental income potential in a high-demand area! Sold AS-IS. All offers subject to judicial approval.
Property Details
Price:
$390,000
MLS #:
MRD12309243
Status:
Active
Beds:
7
Baths:
4
Type:
Commercial
Neighborhood:
chisouthshore
Listed Date:
Mar 10, 2025
Total Sq Ft:
10,236
Year Built:
1925
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Financial
HOA Includes
None
Tax Year
2023
Taxes
$99,999
Listing Agent & Office
Ronald Branch
RLB Realty Group, Inc.
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7608 – 10 S Phillips Avenue
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