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Renovated Brick Triplex
For Sale
$620,000

7732 S Phillips Avenue, Chicago, IL 60649

Residential Income, Chicago, IL

Property Size7,500 SF
Price / SF$82.67
Days on Market93

Property Features for 7732 S Phillips Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 11
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 8, Bedroom 9, Bathroom 2, Bathroom 6, Bedroom 7, Bedroom 2, Bedroom 1, Bathroom 7, Bedroom 6, Basement, Bedroom 4, Bedroom 3, Bedroom 11, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 10, Bathroom 5, Bathroom 4
Parking 2
Parking features Garage, Open
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions 77th Street East to Phillips right to 7732.
Subdivision CHI - South Shore
Standard status Active
APN 21303180210000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 3109

Utilities

Sewer type Public Sewer
Heating system Steam, Forced Air

Amenities

in-unit laundry hookups

Building Details

Year built 1923
Building materials Brick
Listing Agency: Berg Properties
Listed By: Colleen Berg · License #471019976
Added: Jun 2 Changed: Aug 31 Last Checked: Sep 2 at 12:06AM
MLS# 12660519

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.

Located at 7732 S Phillips Avenue in Chicago, this 1923 brick triplex includes three residential units and more than 7,500 square feet of living area. A finished garden-level space adds flexibility, while oversized basement-adjacent storage provides additional utility. The property has received substantial improvements, including updated plumbing, electrical, HVAC, windows, roofing, kitchens, bathrooms, fixtures, and refinished hardwood flooring. In-unit laundry hookups are also in place.

The building offers open parking and garage parking, with public sewer service and MULTI zoning. Spacious room layouts, multiple bedrooms and bathrooms, and the additional garden-level area create a practical configuration for residential income use or owner occupancy.

Key Highlights

  • Three residential units plus a finished garden‑level living space
  • More than 7,500 square feet of living space
  • 1923 brick construction

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Building Supply Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

953
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 - Large three-unit property with finished garden-level space and updated building systems.
Where is this triplex located?
The property is located at 7732 S Phillips Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Three residential units plus a finished garden‑level living space; More than 7,500 square feet of living space; 1923 brick construction
More about this property
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