7608 - 10 South Phillips Avenue, Chicago, IL

$390,000

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About 7608 - 10 South Phillips Avenue

AN ADDITIONAL $30,000 PRICE REDUCTION BY SELLER IS IN EFFECT!!! Prime South Shore 6-Unit Investment Opportunity! Located at 7608-10 S Phillips, Chicago, IL 60649, this solid brick 6-unit building has reverted to multifamily rental in ongoing court case offering a fantastic value-add opportunity. Each spacious unit features 3-4 bedrooms, 2 bathrooms, hardwood floors, formal dining rooms and open rear porches, with select units boasting open floor plans. The property includes a full unfinished basement and two garages (one 2-car, one 3-car). Situated in the rapidly developing South Shore neighborhood, it is close to the Obama Presidential Center, Jackson Park, Metra, CTA, and the Lake Michigan. A prime opportunity for investors seeking strong rental income potential in a high-demand area! Sold AS-IS. All offers subject to judicial approval.

Features of 7608 - 10 South Phillips Avenue

MLS® # 12309243
Price $390,000
Bathrooms 0.00
Acres 0.00
Year Built 1925
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 7608 - 10 South Phillips Avenue
Area CHI - South Shore
City Chicago
County Cook
State IL
Zip Code 60649

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Exterior Brick

Additional Information

Days on Market 226
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRLB Realty Group, Inc.
Contact Info773-268-2000

Listing Map

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