8010 S Phillips Avenue, Chicago, IL 60617

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
8010 S Phillips Avenue,Chicago, IL 60617
$489,000
  • 9 Beds
  • 7 Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Aug 30
    12:00 pm - 02:00 pm
Listed by: danica matos
Office: smart home realty
MLS#:12740698
Source:MLSNI

Price summary

  • Price:$489,000

About this home

TURNKEY + VALUE-ADD opportunity in South Shore! This LEGAL 4-UNIT offers a rare combination of immediate rental potential and room to create additional income. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals and are VACANT and ready to lease at current market rents-allowing the next owner to select their own tenants and build their rent roll from day one. The legal 4th garden unit is a 1-bedroom, 1-bath and offers the opportunity to complete the remaining improvements and unlock even more rental income. Even better, the three completed units are positioned to support the property's overhead while the final unit is completed. A 3-car garage and the opportunity for additional income through garage parking and coin laundry in basement common area. An excellent opportunity for an investor or owner-occupant looking for a renovated multi-unit with multiple income streams and additional upside. Sold as-is

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Home facts

  • Year built:1926
  • Listing ID #:12740698
  • Updated:August 25, 2026 at 11:33 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:7
  • Full bathrooms:4
  • Half bathrooms:3
  • Rooms Total:18
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Forced Air, Natural Gas, Sep Heating Systems - 2+

Structure and exterior

  • Roof:Asphalt
  • Year built:1926

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$489,000
  • Tax amount:$7,226 (2024)

Parking

  • Total parking spaces:3
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:3
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