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MLS® ID: 10482554

7424 South Phillips Avenue

Chicago, Illinois, 60649

$279,000 Active
  • 11 Beds
  • - SQFT
Awesome income producing investment property in the south shore neighborhood! This owner has MAXIMIZED his rental income by renting each of the 13 rooms individually. Current rent per month is $3,425. When full, at the current rates, the potential rent is $5,425!!! Many recent projects have been completed: Brand NEW ELECTRIC, NEW rear porches, recently tuck pointed. Living space in basement was recently permitted and brought up to code. FURNISHED UNITS. All furniture stays. The property does need some cosmetic upgrades. This WILL NOT last long! Conveniently located! Hop onto lake shore drive and be down town in less than 20 minutes. Just a couple blocks from the wonderful south shore cultural center and a few short minutes to 63rd street beach. Easy walk to CTA bus and Metra train.
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Listing courtesy of @properties

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    60649
  • Office name
    @properties
  • SQFT
    0
  • Bedrooms
    11
  • Property type
    Two to Four Units
  • Zoning type
    MULTI
  • Year built
    1913
  • Lot size
    Less Than .25 Acre
  • Waterfront
    No
  • Sewer
    Sewer-Public
  • Heating
    Gas
  • Tax year
    2017
  • Agent name
    Corey Miller
  • Tax amount
    $ 4062.78
  • Purchase Type
    Active
  • Price Range
    $200k-$300k
  • Square Feet Range
    < 1000 sq ft.
  • Bedrooms Range
    11 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    85774
  • Agent ID
    880410

Location

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