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7725 S Phillips Avenue

Chicago, IL 60649
  • $275,000
  • STATUS: Active Under Contract
  • ON SITE: 59 Days
  • MLS #: 12164258
Under Contract
UPDATED: 10 min ago
$275,000
  • 9
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1926
County:
Area:

School Ratings & Info

School District:
299

Description

Prime Investment Opportunity: Rehab a Three-Story Brick Building in a High-Demand Area! Attention Investors and Developers! Seize the chance to transform this three-story brick building into a lucrative investment. Featuring three spacious apartments, each with 3 bedrooms, 2 baths, an in-unit laundry, a formal dining room, a large living room, and a kitchen, this property offers exceptional potential. With an unfinished basement included, there's an opportunity to add a fourth unit-unstamped plans for the basement unit are available! This rehab project requires all-new finishes, doors, flooring, HVAC, plumbing, and electrical, making it an ideal canvas for investors seeking to customize a property to maximize returns. Located in a sought-after area with limited 3-bedroom, 2-bath units, this building promises strong demand and a high return on investment. Don't miss out on this unique opportunity to capitalize on a rare find. Bring your vision and expertise to create a standout property in a thriving market! Contact us today to learn more and schedule a tour of your next profitable venture!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Charles Rutenberg Realty. Based on information submitted to the MRED as of 2024-11-14T20:03:17.163 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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7725 S Phillips Avenue Chicago, IL 60649

  • Price: $275,000
  • Status: Active Under Contract
  • On Site: 59 Days
  • Updated: 10 min ago
  • MLS #: 12164258
9
Beds
0
Baths
0
½ Baths
N/A
Acres
1926
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
School District:
299
Property Description
Prime Investment Opportunity: Rehab a Three-Story Brick Building in a High-Demand Area! Attention Investors and Developers! Seize the chance to transform this three-story brick building into a lucrative investment. Featuring three spacious apartments, each with 3 bedrooms, 2 baths, an in-unit laundry, a formal dining room, a large living room, and a kitchen, this property offers exceptional potential. With an unfinished basement included, there's an opportunity to add a fourth unit-unstamped plans for the basement unit are available! This rehab project requires all-new finishes, doors, flooring, HVAC, plumbing, and electrical, making it an ideal canvas for investors seeking to customize a property to maximize returns. Located in a sought-after area with limited 3-bedroom, 2-bath units, this building promises strong demand and a high return on investment. Don't miss out on this unique opportunity to capitalize on a rare find. Bring your vision and expertise to create a standout property in a thriving market! Contact us today to learn more and schedule a tour of your next profitable venture!
Exterior Features

Exterior Building Type Brick Lot Size .25-.49 Acre Multi Family Type 3 Flat Parking Details Space/s Parking Features Off Alley Parking Onsite Yes Parking Total 3 Waterfront YN No

Interior Features

Basement Unfinished Basement Bathrooms YN No Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 9 Full Baths In Building 6 Half Baths In Building 0 Heating Natural Gas Rooms Total 24

Property Features

Age 91-100 Years Built Before1978 YN Yes Contingency Financing Continue To Show Yes Corporate Limits Chicago General Information None Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3497 Tax Year 2022 Total Numberof Unitsin Building 3 Township Hyde Park Type Two to Four Units Water Source Lake Michigan

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 773-451-1200.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Charles Rutenberg Realty. Based on information submitted to the MRED as of 2024-11-14T20:03:17.163 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Charles Rutenberg Realty
3135 Book Rd.
Naperville IL, 60563