Chicago, IL 60638,7400 S Phillips AVE

$880,000

$940,000

6.4%
Est.Price: ?

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Est. payment /mo

13,128 SqFt


SOLD DATE : 11/01/2022

Key Details

Sold Price $880,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 13,128 sqft

Price per Sqft $67

MLS Listing ID 11620351

Sold Date 11/01/22

Maintenance Fees $4,500

Year Built 1921

Annual Tax Amount $19,351

Tax Year 2020

Lot Dimensions 137X74

Property Sub-Type Multi Family 5+

Property Description

Extraordinary 15-unit multi-family value-add opportunity located in the South Shore neighborhood of Chicago. 12 renovated units - hardwood floors, ceramic baths, granite countertops and in-unit laundry. 3 units have been partially rehabbed. Unit mix consists of (3) four bedroom/1.5bath, (2) three bedroom/1.5bath, (9) two bedroom/1bath and (1) 6 bedroom/2 bath. The property is approximately 10 miles south of the Loop and offers convenient access to the Chicago Skyway and Lake Shore Drive. CTA bus stations and the Grand Crossing Metra state are within walking distances. The lakefront and beaches are just .5 miles east. 2.5 miles from the Obama Presidential Center.

Location

State IL

County Cook

Area Confidential Commercial Listings

Zoning MULTI

Interior

Fireplace N

Building

Level or Stories 3

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Midwest Real Estate Data (MRED) IDX
Listed by Paul Montes • Inland Real Estate Commercial Brokerage, INC
Bought with Non Member • NON MEMBER
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1941 N Elston Ave, Chicago, IL, 60642, USA

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