Renovated Multifamily Apartment
For Sale
Contact for pricing
7350 S Phillips Ave, Chicago, IL 60649
Renovated 70-unit multifamily property features one-, two-, and three-bedroom residences with updated major systems and in-unit laundry.
Property SizeContact for details
Days on Market53
Property Features for 7350 S Phillips Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
70
Building Details
Year Renovated
2025
Units
70
Tenancy
Single
Listing Agency:
Chicago Real Estate Resources
Listed By:
Finley Askin · License #471021038
(773) 327-9300
Source:
Crexi
Added: Jul 15
Changed: Aug 31
Last Checked: Sep 4 at 3:32PM
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 Chicago Real Estate Resources
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.
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
Property Analytics
Property Profile
Current Use
Lease Details
70
Residential units
Location Intelligence
Trade Area within ½ mile
1,175
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?
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
