Chicago, IL 60649 7600 S Phillips Avenue
$1,050,000
2 more
Presented By: 33 Realty
Beds • 6
Home Details
7600 S Phillips Avenue offers a compelling 14-unit multifamily investment in Chicago's South Shore neighborhood, strong fundamentals and long-term upside. The building features a desirable mix of unit layouts, including one one-bedroom unit, eight two-bedroom units, and five three bedroom units, appealing to a broad tenant base seeking spacious housing in a well-established lakefront-adjacent community
Presented By: 33 Realty
General for 7600 S Phillips Avenue
Additional Parcels Y/NNo
CityChicago
CountyCook
DirectionsSouth to Chicago Skyway (I-90 E), exit Stony Island Ave south to 75th St, east on 75th to Phillips Ave, then south on Phillips to property.
Electric Expense4032
Fuel Expense12936
Gross Income203889
Insurance Expense14000
MLS AreaCHI - South Shore
MaintenanceExpense12600
Net Operating Income109434
Number Of Units Total14
Operating Expense94455
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count4
Tax Annual Amount15518
Tax Year2024
Trash Expense6720
Water Sewer Expense11256
Year Built1927
Exterior for 7600 S Phillips Avenue
Lot Dimensions50x60
Additional Details
Price History
