O'Neil Property Group
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$600,000
114 Days On Site

7732 S Phillips Avenue
Chicago, IL 60649

For Sale|Multi Family|Active Under Contract
11
Beds
7
Total Baths
1923
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Berg Properties
7732 S Phillips Avenue7732 S Phillips Avenue7732 S Phillips Avenue7732 S Phillips Avenue
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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 $2500 per month for each of the three above-grade units, 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.

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Listing Snapshot
Price 
$600,000
Days On Site 
114 Days
Bedrooms 
11
Inside Area (SqFt) 
N/A
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1923
MLS® Number 
12660519
Status 
Active Under Contract
Property Tax 
$3,109
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active Under Contract
3 weeks agoPrice changed to $600,000
4 months agoListing first seen on site
General Features
Garage 
Yes
Garage Spaces 
2
Parking 
Garage Door OpenerDetachedGarage
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Zoning 
MULTI
Interior Features
Basement 
UnfinishedFull
Heating 
Forced AirSteam
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - South Shore
School District 
299
Township 
South Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Berg Properties



Based on information submitted to the MLS GRID as of 2026-09-25 08:19 AM UTC. 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 checked: 2026-09-25 08:19 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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