31-Unit Apartment
For Sale
Contact for pricing
Pending
7648 S Phillips Ave, Chicago, IL 60649
Multifamily property offering studios and one- and two-bedroom apartments with a mix of updated and vintage interiors.
Property SizeContact for details
Days on Market143
Property Features for 7648 S Phillips Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Public Transit
Yes
Multifamily Units
31
Listing Agency:
Marcus & Millichap - Chicago Downtown
(312) 327-5463
Listed By:
Kyle Stengle · License #IL 475.138461
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 11:57PM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
This multifamily property contains 31 apartments arranged as studios, one-bedroom units, and two-bedroom units. Interior finish levels vary by unit, with select apartments featuring newer kitchen cabinetry, bathroom vanities, and hardwood floors, while others retain more vintage finishes. Ownership has self-managed the building for nearly 20 years.
Located at 7648 S Phillips Ave in Chicago’s South Shore neighborhood, the property is within blocks of Lake Michigan, restaurants, and retail stores. Transit access includes a roughly ten-minute walk to Metra’s Windsor Park station and a six-minute walk to CTA bus stops serving routes 5, 75, and 95. The surrounding area also includes access to additional CTA and Metra service, along with proximity to Hyde Park and The University of Chicago.
Located at 7648 S Phillips Ave in Chicago’s South Shore neighborhood, the property is within blocks of Lake Michigan, restaurants, and retail stores. Transit access includes a roughly ten-minute walk to Metra’s Windsor Park station and a six-minute walk to CTA bus stops serving routes 5, 75, and 95. The surrounding area also includes access to additional CTA and Metra service, along with proximity to Hyde Park and The University of Chicago.
Key Highlights
- 31 apartments comprising studio, one‑bedroom, and two‑bedroom units
- Select units include newer kitchen cabinets, bathroom vanities, and hardwood flooring
- Other apartments retain vintage interior finishes
Property Analytics
Property Profile
Current Use
Lease Details
31
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property offering studios and one- and two-bedroom apartments with a mix of updated and vintage interiors.
Where is this apartment building located?
The property is located at 7648 S Phillips Ave Chicago, IL.
What are key features of this property?
This property features: 31 apartments comprising studio, one‑bedroom, and two‑bedroom units; Select units include newer kitchen cabinets, bathroom vanities, and hardwood flooring; Other apartments retain vintage interior finishes
