Updated Gated Brick
For Sale
$600,000
Pending
7641 S Phillips Ave, Chicago, IL 60649
Three spacious apartments combine refreshed interiors, private laundry hookups, central A/C, and a full basement.
Property SizeContact for details
Days on Market67
Property Features for 7641 S Phillips Ave
General Information
Standard status
Pending
Property subtype
Multi-Family
Site & Location
Neighborhood
South Shore
Public Transit
Yes
Units
Unit Mix
3 x 3BR
Multifamily Units
3
Parking per Unit
1
Amenities
gated
hardwood floors
updated kitchens
quartz countertops
stainless steel appliances
new fixtures and tile
jetted tubs
washer/dryer hookups
central A/C
full basement
back porch
Building Details
Year Built
1925
Construction
brick
Listing Agency:
Legacy Properties, A Sarah Leonard Company, LLC
Listed By:
Shopping Casas
(847) 387-5551
Source:
Shoppingcasaschicago
Added: Aug 21
Changed: Oct 26
Last Checked: Oct 24 at 5:09PM
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 Legacy Properties, A Sarah Leonard Company, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This gated brick triplex contains three apartments, each with 3 bedrooms, a formal dining room, restored hardwood flooring, an updated kitchen with quartz countertops and stainless steel appliances, and refreshed bathrooms with new fixtures and tile. Separate heating systems, individual water heaters, central A/C, washer/dryer hookups, updated windows and flooring, and upgraded copper, waste, and electrical systems support each unit. The apartment building and garage have new roofs, while the rear porch has been rebuilt.
A full basement provides storage and additional income potential. The property is within an approved zoning area for adding a legal 4th unit, with the required ceiling height and both front and rear entrances already in place. One garage space is provided per unit. The property is near Rainbow Beach, the Obama Library, public transportation, schools, places of worship, restaurants, and shopping. Built in 1925, it is located at 7641 S Phillips Ave in Chicago’s South Shore area.
A full basement provides storage and additional income potential. The property is within an approved zoning area for adding a legal 4th unit, with the required ceiling height and both front and rear entrances already in place. One garage space is provided per unit. The property is near Rainbow Beach, the Obama Library, public transportation, schools, places of worship, restaurants, and shopping. Built in 1925, it is located at 7641 S Phillips Ave in Chicago’s South Shore area.
Key Highlights
- Three 3‑bedroom apartments with formal dining rooms and restored hardwood floors
- Approved zoning area for a legal 4th basement unit
- Full basement with required ceiling height and front and rear entrances
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,068
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Three spacious apartments combine refreshed interiors, private laundry hookups, central A/C, and a full basement.
Where is this triplex located?
The property is located at 7641 S Phillips Ave Chicago, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Three 3‑bedroom apartments with formal dining rooms and restored hardwood floors; Approved zoning area for a legal 4th basement unit; Full basement with required ceiling height and front and rear entrances
