O'Neil Property Group

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$600,000
56 Days On Site

7641 S Phillips Avenue
Chicago, IL 60649

For Sale|Multi Family|Active Under Contract
9
Beds
3
Total Baths
1925
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Century 21 IMPACT
7641 S Phillips Avenue7641 S Phillips Avenue7641 S Phillips Avenue7641 S Phillips Avenue
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This condo-like gated 3-unit brick building in desirable South Shore is perfect for the right homebuyer or investor. All 3 spacious apartments feature 3 large bedrooms, formal dining rooms, and beautifully restored hardwood floors. Recent updates include separate heating systems and water heaters, new roof on both the apartment building and garage, rebuilt back porch, new copper and waste plumbing lines, updated electrical, and new flooring and windows. Updated kitchens feature quartz countertops and stainless steel appliances, while all bathrooms have been refreshed with new fixtures and tile, including jetted tubs. Each unit now also has its own washer/dryer hookups and central A/C. The full basement offers excellent value-add potential. The property is located within an approved zoning area to add a legal 4th unit in the basement, which already has the required ceiling height as well as both front and rear entrances. The basement also offers additional storage and income potential. There is 1 garage space per unit. Conveniently located near Rainbow Beach, the Obama Library, public transportation, places of worship, schools, restaurants, and shopping. A great opportunity for an investor or owner looking to maximize rental income and future potential. Schedule your appointment today!

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Listing Snapshot
Price 
$600,000
Days On Site 
56 Days
Bedrooms 
9
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1925
MLS® Number 
12737828
Status 
Active Under Contract
Property Tax 
$7,103.42
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Active Under Contract
2 months agoListing first seen on site
General Features
Garage 
Yes
Garage Spaces 
3
Parking 
DetachedGarage
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
Partially FinishedFull
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - South Shore
School District 
299
Township 
Hyde Park
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Century 21 IMPACT



Based on information submitted to the MLS GRID as of 2026-10-15 06:38 PM 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: 2026-10-15 06:38 PM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

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