Apartment Building with Detached
For Sale
Contact for pricing
Pending
8016 S Phillips Ave, Chicago, IL 60617
Three-bedroom apartments feature individual gas furnaces and separate electric and gas meters.
Property SizeContact for details
Days on Market146
Property Features for 8016 S Phillips Ave
General Information
Standard status
Pending
Total Parking Spaces
4
Property subtype
Multifamily
Occupancy
100%
Listing Agency:
Century 21 S.G.R., Inc.
Listed By:
Brian Murphy · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Sep 1 at 7:13PM
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 Century 21 S.G.R., Inc.
Investment Insights
Based on property information with market context.
This apartment building is fully occupied, with each apartment configured as a three-bedroom, two-bath residence measuring about 1,300 square feet. Individual furnaces provide forced gas heat, and each apartment has separate electric and gas meters. Recent property improvements include a new roof, windows, tuckpointing, exterior stairs, and electrical work.
The property also includes a detached brick four-car garage. The basement is ready for completion as an additional rental unit or coin-operated laundry area. The building is near the Obama Center, University of Chicago, Lake Michigan, and downtown Chicago.
The property also includes a detached brick four-car garage. The basement is ready for completion as an additional rental unit or coin-operated laundry area. The building is near the Obama Center, University of Chicago, Lake Michigan, and downtown Chicago.
Key Highlights
- Fully occupied apartment building with three‑bedroom, two‑bath units
- Each apartment measures about 1,300 square feet
- Individual furnaces with forced gas heat in every apartment
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
Explore this area
Business Placement
Demographics for 60617, IL
77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
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 - Three-bedroom apartments feature individual gas furnaces and separate electric and gas meters.
Where is this apartment building located?
The property is located at 8016 S Phillips Ave Chicago, IL.
What are key features of this property?
This property features: Fully occupied apartment building with three‑bedroom, two‑bath units; Each apartment measures about 1,300 square feet; Individual furnaces with forced gas heat in every apartment
