7732 S Phillips Avenue, Chicago, IL 60649
Description
Welcome to 7732 S. Phillips – an exceptionally large jumbo brick building offering over 7,500 square feet of living space plus an additional oversized storage room adjacent to the basement level. This is one of the largest multi-unit buildings in the neighborhood and presents a rare opportunity for both investors and owner-occupants seeking strong rental income and modern updates throughout. The property features three spacious residential units plus a beautifully finished garden-level living space that can serve perfectly as owner’s quarters, extended living space, or additional income potential. The building has undergone extensive renovations with updated plumbing, electrical, and HVAC systems, along with modern kitchens and beautifully updated bathrooms featuring sleek contemporary finishes. Additional improvements include newer windows, roof, beautifully refinished hardwood floors, updated fixtures, and in-unit laundry hookups for added tenant convenience. The expansive unit layouts provide oversized living areas and generous bedroom sizes rarely found in today’s market. With projected rental income of approximately $2,300 per month per unit, this property offers outstanding cash-flow potential in a rapidly appreciating area. Whether you are looking to house hack, expand your investment portfolio, or own one of the premier buildings in the neighborhood, 7732 S. Phillips delivers scale, functionality, and long-term upside. Massive square footage. Updated systems. Modern finishes. Strong income potential. A truly unique opportunity.
- Listing Courtesy of: Berg Properties
Details
Updated on June 5, 2026 at 9:12 am-
Property ID MRD12660519
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Price $700,000
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Bedrooms 11
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Garages 2
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Year Built 1923
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Property Type Multi Family
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Property Status Active
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Parking Total 2
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Parcel Number 21303180210000
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Water Source Lake Michigan
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Sewer Public Sewer
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MLS Status New
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Cumulative Days On Market 3
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Tax Annual Amount 3109
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Heating Forced Air,Steam
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Parking Features Garage Door Opener,Yes,Garage Owned,Detached,Garage
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Directions 77th Street East to Phillips right to 7732.
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Zoning MULTI
Address
Open on Google Maps- Address 7732 S Phillips Avenue
- City Chicago
- State/county IL
- Zip/Postal Code 60649
- Country United States
Overview
- Multi Family
- 11
- 2
- 1923
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