7751 S Phillips Avenue, Chicago, IL 60649

• 7 beds |
• 4 baths

Property Description

Well-maintained multi-unit property located on a residential block on Chicago's South Shore neighborhood. The building features multiple income-producing units with functional layouts and separate living spaces. Utilities are separately metered, offering simplified management and expense control. Units feature practical floor plans, natural light, and durable finishes. Current rents are below market, providing a clear value-add opportunity through rent optimization and targeted improvements. Mechanical systems and utilities are configured for multi-unit use. Exterior offers a solid structure with low-maintenance materials. Property presents strong long-term rental demand and operational upside for both owner-occupants and investors. Convenient access to major transportation routes, neighborhood amenities, and employment centers. Ideal for investors seeking stable cash flow with upside potential in an established Chicago neighborhood. Interior photos coming soon.

Listing Status:

Active

Data Last Updated:

February 13, 2026 at 2:19PM

Listing Office:

Fulton Grace Realty : 312-508-1011

Listing Agent:

Jason Marsing : 312-508-1011

MLS ID:

12560835

Interior

• Basement: UnfinishedFullWalk-Out Access
• Heating: RadiantRadiator(s)

Exterior

• Parking: Off AlleyAlley AccessYesOwnedParking spaces: 3

Location

• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: 21303190150000

Utilities

• Water: Lake Michigan
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple