7825 South Phillips Avenue

Chicago, IL 60649

$440,000
Price
9
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 7825 S Phillips Ave in the revitalized South Shore neighborhood- a prime choice for investors or buyers seeking both lifestyle and income potential. This property is a legal 3-flat, with each spacious unit offering 3 bedrooms and 2 baths. The property's updates include newer windows. A full spacious basement, with a 3-car garage with a driveway which provides secure parking- a rare find in the city. Location is a standout, with the Metra Cottage Grove Station just 3.7 miles away, connecting...Welcome to 7825 S Phillips Ave in the revitalized South Shore neighborhood- a prime choice for investors or buyers seeking both lifestyle and income potential. This property is a legal 3-flat, with each spacious unit offering 3 bedrooms and 2 baths. The property's updates include newer windows. A full spacious basement, with a 3-car garage with a driveway which provides secure parking- a rare find in the city. Location is a standout, with the Metra Cottage Grove Station just 3.7 miles away, connecting tenants quickly to downtown Chicago. For recreation, the nearby South Shore Beach and Cultural Center offers a beach, nature sanctuary, and event venues, adding year-round activities that appeal to a wide range of renters. Plus, with Midway Airport within a 23-minute drive, this property combines convenience with lifestyle appeal. Whether you're a first-time investor or looking to expand your portfolio, this is an exciting, income-generating property in a neighborhood with increasing demand. Don't miss your chance to own in South Shore- your tenants will love the amenities, and you'll love the returns!
  1. Listed by Sergio Hernandez • Coldwell Banker Realty
  2. Listed by Karina Barrera • Coldwell Banker Realty

Property Details for 7825 South Phillips Avenue

Area
CHI - South Shore
Township
Lake
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Architectural Style
Traditional
LISTING UPDATED: 01/08/2025 09:51 AM

Property Details for 7825 South Phillips Avenue

StatusNew
MLS #12205420
Days on Market2
Taxes$3,321 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1928
Lot Size0.11 AC / 5,000 SF
CountyCook County

Building Information for 7825 South Phillips Avenue

Stories-Residences3Year Built1928Building Size-Lot Size0.11 AC / 5,000 SF

Property Information for 7825 South Phillips Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Bradwell Comm Arts & Sci Element
  • Jr High Middle School: Canter Middle School
  • High School District: 299
  • High School: John Hope College Preparatory Se
  • 2nd Alternate High School: Chicago Vocational Career Acad Senior High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Transmitter(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 18
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 9
  • Basement Description: Unfinished
  • # Full Baths in Building: 6
  • # Half Baths in Building: 0
  • Num of Baths: 6.0
Utilities / Equipment
  • Sewer: Other
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 125X40
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 7825
  • East Coordinate: 2450
  • West Coordinate: 0
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, FHA
  • Public Document Count: 0
  • Document Date: 2025-01-08T15:49:48
  • Photos Count: 55
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $50,400.00
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: OWNER
Unit 2
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: VAC
Unit 3
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: VAC

Property History for 7825 South Phillips Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7825 South Phillips Avenue

Taxable ValueLand$6,200Additions$12,800Total$19,000
Tax Record2022$3,204 ($267 / month)
Home Facts
Baths3Total Finished SqFt5,255 SqFtAbove Grade Finished SqFt5,255 SqFtStories3Lot Size4,960 SqFtStyleMulti-Family Res (5+ Units)Year Built1930CountyCOOKAPN21-30-326-006

Schools near 7825 South Phillips Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Excel Academy - Woodlawn HS
Public9 to 12

South Shore Intl Col Prep High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7825 South Phillips Avenue is a multi-family home for sale in Chicago, IL 60649. This property was listed for sale on January 8, 2025 by Coldwell Banker Realty, it's currently listed at $440,000. This listing's school district is Chicago Public Schools. Nearby schools include Bradwell Community Arts & Sci Elementary School, Chicago Vocational Career Academy High School and Excel Academy - Woodlawn HS. 7825 South Phillips Avenue is a 9-bed, 6-bath, multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 01/08/2025 09:51 AM. 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.