8010 S Phillips Avenue, Chicago, IL 60617

• 9 beds |
• 7 baths

Property Description

TURNKEY + VALUE-ADD opportunity in South Shore! This LEGAL 4-UNIT offers a rare combination of immediate rental potential and room to create additional income. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals and are VACANT and ready to lease at current market rents-allowing the next owner to select their own tenants and build their rent roll from day one. The legal 4th garden unit is a 1-bedroom, 1-bath and offers the opportunity to complete the remaining improvements and unlock even more rental income. Even better, the three completed units are positioned to support the property's overhead while the final unit is completed. A 3-car garage and the opportunity for additional income through garage parking and coin laundry in basement common area. An excellent opportunity for an investor or owner-occupant looking for a renovated multi-unit with multiple income streams and additional upside. Sold as-is

Listing Status:

Active

Data Last Updated:

August 25, 2026 at 7:18AM

Listing Office:

Smart Home Realty : 312-802-3759

Listing Agent:

Danica Matos : 312-802-3759

MLS ID:

12740698

Interior

• Basement: UnfinishedExterior EntryFullWalk-Out Access
• Heating: Natural GasForced AirSep Heating Systems - 2+

Exterior

• Parking: YesGarage OwnedDetachedGarageParking spaces: 3

Construction

• Roofing: Asphalt

Location

• HOA Amenities: SidewalksStreet LightsStreet Paved
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: MULTI21311080320000

Utilities

• Water: Lake Michigan
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple