7350 S Phillips Ave Chicago, IL 60649

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Listed by Finley Askin · License #471021038

Source Crexi

Added: Jul 15 Updated: Jul 17 at 2:55AM Checked: Jul 21 at 12:39PM

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Investment Insights

Based on property information with market context.

The Shore Residences is a 70-unit multifamily apartment building that underwent a full renovation in 2025. The property offers a unit mix of one-, two-, and three-bedroom homes. Improvements include upgraded major systems and common areas such as electric, plumbing, roof, elevator, trash chute, and the laundry room.

Apartments feature condo-quality finishes with updated kitchens and baths, central heat and air, hardwood floors, and in-unit laundry.

The building’s recent renovation and diversified unit mix provide a modernized residential income offering within Chicago’s South Shore neighborhood.

Key Highlights

• 70‑unit multifamily property in Chicago’s South Shore neighborhood with 1-, 2-, and 3‑bedroom unit mix
• Full renovation completed in 2025 with upgraded major systems including electric, plumbing, roof, elevator, and common areas
• Common upgrades include trash chute and a laundry room

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FAQs

What type of property is this?

Apartment building - Renovated 70-unit multifamily property features one-, two-, and three-bedroom residences with updated major systems and in-unit laundry.

Where is this apartment building located?

The property is located at 7350 S Phillips Ave Chicago, IL.

What is the asking price?

The asking price for this property is $8,175,000.

What are key features of this property?

This property features: 70‑unit multifamily property in Chicago’s South Shore neighborhood with 1-, 2-, and 3‑bedroom unit mix; Full renovation completed in 2025 with upgraded major systems including electric, plumbing, roof, elevator, and common areas; Common upgrades include trash chute and a laundry room