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South Shore Multifamily Investment Opportunity

7400 South Phillips Avenue Chicago, IL 60649

Claim this Listing
For Sale
$975,000

15-unit multifamily property in Chicago's South Shore neighborhood.

Type:Multi Family 5+ / Multi Family 5+-Other
Added:
Jan 25, 2026
Days on Market:
168
Last Refresh:
Jul 4 at 10:10 pm

Property Features for 7400 South Phillips Avenue

General Information

Standard status
Active
Property subtype
Multi Family 5+ / Multi Family 5+-Other

Building Details

Year Built
1927

Listing office 33 Realty

Listing date Jan 25, 2026

Source Compass

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 33 Realty


Investment Insights

Based on property information with market context.

The property at 7400 S Phillips Avenue is a 15-unit multifamily building located in Chicago's South Shore neighborhood. The unit mix includes four 4-bed/2-bath units, three 3-bed/1-bath units, and eight 2-bed/1-bath apartments. The property offers an opportunity for income generation and caters to families and working professionals seeking housing near the lakefront and public transit.

Key Highlights

  • Prime 15‑unit multifamily property in Chicago's South Shore
  • Strong in‑place income
  • Attractive unit mix catering to families and working professionals

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Building Supply (Bike/Boat/Book/etc) Store Storage Facility Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Acupuncture Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 15-unit multifamily property in Chicago's South Shore neighborhood.
Where is this apartment building located?
The property is located at 7400 South 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: Prime 15‑unit multifamily property in Chicago's South Shore; Strong in‑place income; Attractive unit mix catering to families and working professionals
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