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$435,000 USD
7640 S Phillips Avenue
Chicago, Illinois 60649
USA
Chicago, Illinois 60649
USA
9 bedrooms
Residential For Sale, Multi-Family (2-4 Units)
Sale price per sqm: 0
Tax: 4,023.16 USD
Remarks:
Discover a unique investment opportunity in Chicago's South Shore! Are you searching for a prime investment opportunity in one of Chicago's vibrant neighborhoods? Look no further than this jumbo-sized, 3-unit building located in the heart of South Shore. This property is not just a place to live; it is a strategic investment with features that cater to both owner-occupiers and savvy investors. Spacious units: Each unit boasts generous bedroom sizes, perfect for comfortable living. Modern amenities: Enjoy the convenience of central heat and air conditioning, with 2020 AC units ensuring efficiency and comfort. Recent upgrades: The building features a newer roof installed in 2019, garage roof in 2019, along with tuckpointing, gutters, and downspouts completed in 2019, ensuring durability and reduced maintenance costs. Hardwood floors and fresh paint: All units are adorned with beautiful hardwood floors and have been recently painted, offering a fresh and modern aesthetic. Bonus room: An enclosed back porch provides additional space, perfect for a home office or relaxation area. Tenant-paid utilities: Each unit is equipped with washer/dryer hookups, and tenants are responsible for their own utilities, maximizing your investment return. Ample parking: A detached 3 car garage offers secure parking and additional storage space. Investment potential: This property is ideal for investors looking to capitalize on the rental market, or for those seeking a home with income potential. With tenants paying utilities and the property's strategic location, you can expect a steady cash flow and potential appreciation over time. Location benefits: South Shore is a dynamic community known for its cultural diversity and proximity to Lake Michigan. Residents enjoy easy access to public transportation, parks, and local amenities, making it a desirable location for renters and homeowners alike. Do not miss out on this exceptional opportunity to own a piece of Chicago's thriving real estate market. Whether you are looking to expand your investment portfolio or find a home that pays for itself, this property is a must-see.
Features:
- Year Built: 1926
- Garage Spaces: 3
Location:
7640 S Phillips Avenue, Chicago, Illinois 60649, USA
Listed By CENTURY 21 S.G.R., Inc.
The Residential For Sale, Multi-Family (2-4 Units) located at 7640 S Phillips Avenue, Chicago, Illinois 60649, USA is currently for sale. 7640 S Phillips Avenue, Chicago, Illinois 60649, USA is listed for $435,000 USD. This property has 9 bedrooms. If the property located at 7640 S Phillips Avenue, Chicago, Illinois 60649, USA isn't what you're looking for, search Illinois Real Estate to see other Homes For Sale in Chicago.