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20-Unit Brick Apartment Building
New
For Sale
$1,695,000

7801 S PHILLIPS Avenue, Chicago, IL 60649

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.25 Acres
Days on Market2

Property Features for 7801 S PHILLIPS Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 40
Bathrooms 20
Full bathrooms 20
Rooms Bedroom 38, Bedroom 26, Bedroom 7, Bedroom 25, Bedroom 13, Bedroom 17, Bathroom 3, Bedroom 27, Bedroom 34, Bedroom 37, Bathroom 15, Bedroom 23, Bathroom 1, Bathroom 4, Bathroom 8, Bedroom 5, Bedroom 31, Bedroom 35, Bedroom 12, Bedroom 20, Bedroom 21, Bathroom 18, Bedroom 36, Bathroom 12, Bathroom 13, Bedroom 10, Bedroom 1, Bedroom 8, Bathroom 17, Bedroom 16, Bathroom 7, Bathroom 10, Bedroom 39, Bathroom 9, Bedroom 6, Bedroom 40, Bedroom 33, Bedroom 9, Bedroom 11, Bedroom 29, Bedroom 15, Bedroom 14, Bathroom 11, Bathroom 19, Bathroom 2, Bathroom 16, Bedroom 24, Bathroom 5, Bathroom 20, Bedroom 3, Bedroom 2, Bedroom 28, Bedroom 30, Bathroom 14, Bedroom 18, Bedroom 22, Bedroom 4, Bathroom 6, Bedroom 19, Bedroom 32
Directions 76 STREET EAST OF YATES TO PHILLIPS. SOUTH TO 7801 S. PHILLIPS
Subdivision CHI - South Shore
Standard status Active
APN 21303260010000
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 26705

Amenities

camera system with remote keyless entry
fully fenced front and rear areas

Building Details

Year built 1926
Floors in Building 3
Number of units 20
Building materials Brick
Buildings 1
Listing Agency: O W Auction Group LLC
Listed By: O'Neia Washington · License #471008905
Added: Nov 5 Changed: Nov 6 Last Checked: Nov 6 at 2:06PM
MLS# 12778102

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.

Rey
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Investment Insights

Based on property information with market context.

This three-story, 20-unit apartment property was built in 1926 and has brick construction. A steam boiler installed in 2024 includes sensors and wireless controls for remote monitoring. Building security features include a camera system and keyless entry, and the front and rear areas are fenced. The site encompasses 0.25 acres.

The building occupies the southeast corner of 78th Street and Phillips Avenue in Chicago’s South Shore neighborhood. Lake Michigan, the South Shore Cultural Center and its nine-hole golf course, neighborhood parks, shopping, dining, and public transportation are among the nearby amenities. The property is also described as providing access to the Obama Presidential Center area and broader South Side amenities.

Key Highlights

  • 20 apartments in a three‑story brick building
  • 0.25‑acre site at the southeast corner of 78th Street and Phillips Avenue
  • Built in 1926

Property Analytics

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Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

953
Businesses Nearby

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
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Market

Properties on Market for Apartment buildings in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A 2024 steam boiler and remotely managed camera and entry systems are in place.
Where is this apartment building located?
The property is located at 7801 S PHILLIPS Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 20 apartments in a three‑story brick building; 0.25‑acre site at the southeast corner of 78th Street and Phillips Avenue; Built in 1926
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