Jumbo Brick Quadplex with Garden
For Sale
$650,000
Pending
7732 S Phillips Avenue Chicago, Chicago, IL 60649
Renovated brick quadplex with three above-grade units and a finished garden-level living space.
Property Size7,500 SF
Days on Market42
Property Features for 7732 S Phillips Avenue Chicago
General Information
Standard status
Pending
Size
7,500 SF
Total Parking Spaces
2
Property subtype
Two to Four Units
Zoning
MULTI
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,109
Amenities
Unfinished,Full
7
11
3
949-291-2640
Lake Michigan
2
3720
No
Garage Door Opener,Yes,Garage Owned,Detached,Garage
Building Details
Year Built
1923
Tenancy
Multi
Listing Agency:
(847) 558-6808
Listed By:
Nora Carrillo · License #475185100
(847) 558-6808
Source:
Remaxadream
Added: Jul 9
Changed: Aug 16
Last Checked: Aug 15 at 3:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nora Carrillo
Investment Insights
Based on property information with market context.
7732 S. Phillips is an exceptionally large jumbo brick multi-unit building offering over 7,500 square feet of living space, plus an additional oversized storage room adjacent to the basement level. The property is configured with three spacious residential units and a beautifully finished garden-level living space that can support owner-occupant use or additional rental income.
Recent renovations include updated plumbing, electrical, and HVAC systems, along with modern kitchens and updated bathrooms featuring contemporary finishes. Additional improvements include newer windows, a newer roof, refinished hardwood floors, updated fixtures, and in-unit laundry hookups for added convenience.
Based on the information provided, the three above-grade units have projected rental income of approximately $2,300 per month each, with the finished garden unit estimated at approximately $1,800 per month, for projected gross rental income of approximately $8,700 per month.
Recent renovations include updated plumbing, electrical, and HVAC systems, along with modern kitchens and updated bathrooms featuring contemporary finishes. Additional improvements include newer windows, a newer roof, refinished hardwood floors, updated fixtures, and in-unit laundry hookups for added convenience.
Based on the information provided, the three above-grade units have projected rental income of approximately $2,300 per month each, with the finished garden unit estimated at approximately $1,800 per month, for projected gross rental income of approximately $8,700 per month.
Key Highlights
- Jumbo brick multi‑unit building built in 1923 with over 7,500 sq ft of living space plus an oversized storage room adjacent to the basement
- 3 total residential units plus a finished garden‑level living space (quadplex layout) with 11 bedrooms total and 7 total baths
- Extensive renovations include updated plumbing, electrical, and HVAC systems, with modern kitchens and updated bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
953
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Renovated brick quadplex with three above-grade units and a finished garden-level living space.
Where is this quadplex located?
The property is located at 7732 S Phillips Avenue Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Jumbo brick multi‑unit building built in 1923 with over 7,500 sq ft of living space plus an oversized storage room adjacent to the basement; 3 total residential units plus a finished garden‑level living space (quadplex layout) with 11 bedrooms total and 7 total baths; Extensive renovations include updated plumbing, electrical, and HVAC systems, with modern kitchens and updated bathrooms
