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Brick Three-Unit with Three-Car Garage
For Sale
Contact for pricing
Pending

7821 S Phillips Ave, Chicago, IL 60649

Brick three-flat features three bedrooms per unit, two full baths, hardwood floors, and a three-car garage.

Property SizeContact for details
Days on Market148

Property Features for 7821 S Phillips Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: @properties
Listed By: Brett Picarazzi · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 26 Last Checked: Sep 3 at 3:27AM

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 @properties

Investment Insights

Based on property information with market context.

Massive brick three-flat with a side driveway and a three-car garage. Each of the three units offers three spacious bedrooms, two full bathrooms (including one ensuite), plus separate living and dining rooms. The property has been maintained, and all three units have been updated in recent years, featuring granite countertops and beautiful hardwood floors throughout.

A full basement is included with great ceiling height and is unfinished, offering room for future expansion or customization. The first-floor unit is currently vacant, which may suit an owner-occupant scenario. Units 2 and 3 are noted as having rents currently under market value. Sold as-is.

Key Highlights

  • Massive brick three‑flat with a side driveway and three‑car garage
  • Each unit features 3 bedrooms, 2 full bathrooms (one ensuite), plus separate living room and dining room
  • All three units have been updated in recent years

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic Building Supply (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.

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 - Brick three-flat features three bedrooms per unit, two full baths, hardwood floors, and a three-car garage.
Where is this triplex located?
The property is located at 7821 S Phillips Ave Chicago, IL.
What are key features of this property?
This property features: Massive brick three‑flat with a side driveway and three‑car garage; Each unit features 3 bedrooms, 2 full bathrooms (one ensuite), plus separate living room and dining room; All three units have been updated in recent years
More about this property
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