15-Unit Apartment
For Sale
$975,000
7400 S Phillips Avenue, Chicago, IL 60649
Commercial Sale, Chicago, IL
Property SizeContact for details
Days on Market124
Property Features for 7400 S Phillips Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
41
Bathrooms
19
Full bathrooms
19
Rooms
Bedroom 5, Bathroom 12, Bedroom 16, Bedroom 20, Bedroom 36, Bathroom 5, Bedroom 17, Bedroom 9, Bedroom 2, Bathroom 15, Bedroom 32, Bedroom 37, Bathroom 1, Bedroom 11, Bathroom 13, Bedroom 40, Bathroom 18, Bedroom 14, Bedroom 24, Bedroom 25, Bathroom 6, Bathroom 2, Bathroom 19, Bedroom 31, Bathroom 7, Bedroom 12, Bedroom 18, Bedroom 22, Bedroom 10, Bedroom 4, Bedroom 19, Bedroom 21, Bedroom 28, Bedroom 29, Bedroom 34, Bedroom 27, Bedroom 38, Bathroom 3, Bathroom 10, Bedroom 1, Bathroom 9, Bedroom 3, Bedroom 39, Bedroom 30, Bathroom 11, Bedroom 7, Bedroom 8, Bedroom 26, Bedroom 6, Bedroom 15, Bathroom 17, Bedroom 35, Bedroom 13, Bedroom 33, Bathroom 4, Bedroom 41, Bathroom 16, Bedroom 23, Bathroom 14, Bathroom 8
Directions
South to Chicago Skyway (I-90 E). Exit at Stony Island Ave. South on Stony Island to 75th St. East on 75th St to Phillips Ave. North on Phillips Ave to property on west side of street.
Subdivision
CHI - South Shore
Standard status
Active
APN
21301150130000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
17735
Building Details
Year built
1927
Floors in Building
4
Number of units
15
Listing Agency:
33 Realty
(773) 327-4975
Listed By:
Brian Mond · License #478007026
(773) 327-4975
Added: Apr 21
Changed: Aug 20
Last Checked: Aug 22 at 4:06PM
MLS# 12625128
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.
Built in 1927, this apartment building at 7400 S Phillips Avenue contains 15 units with a varied residential configuration. The property includes four 4-bedroom, 2-bath apartments; three 3-bedroom, 1-bath apartments; and eight 2-bedroom, 1-bath apartments, creating a range of layouts within one multifamily asset.
The building is located in Chicago’s South Shore neighborhood, near the lakefront and public transit. Its unit mix includes larger apartments suited to household occupancy alongside smaller two-bedroom layouts, providing several residential configurations within the property.
The building is located in Chicago’s South Shore neighborhood, near the lakefront and public transit. Its unit mix includes larger apartments suited to household occupancy alongside smaller two-bedroom layouts, providing several residential configurations within the property.
Key Highlights
- 15‑unit apartment building constructed in 1927
- Unit mix includes 4 four‑bedroom, 2‑bath apartments
- Three 3‑bedroom, 1‑bath apartments
Property Analytics
Property Profile
Current Use
Lease Details
15
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 - Vintage multifamily property with a diverse apartment mix in Chicago’s South Shore neighborhood.
Where is this apartment building located?
The property is located at 7400 S Phillips Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 15‑unit apartment building constructed in 1927; Unit mix includes 4 four‑bedroom, 2‑bath apartments; Three 3‑bedroom, 1‑bath apartments
