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Brick Three-Unit Triplex with Porch
For Sale
Under Contract
$399,900

7537 S Phillips Avenue, Chicago, IL 60649

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Days on Market22

Property Features for 7537 S Phillips Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 6, Basement, Bedroom 2, Bathroom 5, Bathroom 6, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 8, Bedroom 5, Bedroom 7, Bathroom 3, Bedroom 9, Bedroom 4
Parking 3
Parking features Tandem, Garage
Patio and Porch features Porch
Basement Full, Unfinished
Elementary school Bradwell Comm Arts & Sci Element
Middle school Bradwell Comm Arts & Sci Element
High school South Shore Community Academy Se
Elementary school district 299
Middle school district 299
High school district 299
Directions east/west on 75th St to Phillips, south to property.
Subdivision CHI - South Shore
Standard status Active Under Contract
APN 21303010100000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6872

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Other (Heating)
Water source Public

Building Details

Year built 1923
Building materials Brick
Roof type Flat
Listing Agency: Keller Williams Premiere Properties · Keller Williams Realty
Listed By: Sergio Hernandez
Added: Jul 20 Changed: Aug 1 Last Checked: Aug 10 at 9:06AM
MLS# 12673942

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Brick three-unit triplex built in 1923 with a flat roof, porch, and defined foyer entry. The property is described as a jumbo 3-flat with three spacious units designed with similar layouts, each offering three bedrooms and two full bathrooms, including a primary suite with a private ensuite bath. Interior details include hardwood floors, a formal dining room, and a bright living area with a classic bay window, along with walk-in pantry space and generous room sizes.

The building is located in Chicago’s South Shore area near Lake Michigan and neighborhood recreation, including Rainbow Beach, South Shore Cultural Center, Jackson Park, and surrounding parks. It also notes proximity to shopping, dining, schools, and public transportation, including CTA bus routes and Metra Electric, for commuting options.

Additional property features include natural gas and other heating, public water and public sewer, and parking with tandem and garage options.

Key Highlights

  • Built in 1923 brick three‑unit triplex with flat roof
  • Each unit described with three bedrooms and two full baths, plus primary suite with private ensuite
  • Hardwood floors and a formal dining room in each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Building Supply Dental Office Storage Facility Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,353
Businesses Nearby

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Brick three-unit triplex zoned MULTI, built in 1923, with porches, natural gas heat, and public water and sewer.
Where is this triplex located?
The property is located at 7537 S Phillips Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Built in 1923 brick three‑unit triplex with flat roof; Each unit described with three bedrooms and two full baths, plus primary suite with private ensuite; Hardwood floors and a formal dining room in each unit
More about this property
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