Property Attributes
- MLS#11978545
- TypeContingent
- CountyCOOK
- CityChicago
- AreaCHI - South Shore
- NeighborhoodSouth Shore
- Zip60649
- Style
- Year Built1924
- Taxes$ 4113
- Price$ 449,999
- Bedrooms12
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage4800
- Lot Size3,485 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Come check out this gorgeous all brick building in South Shore featuring three massive 4 bed, 1 bath units and an unfinished basement with high ceilings waiting for your ideas! Each unit showcases hardwood flooring, gorgeous bay windows, central heating, updated kitchens and baths, window treatments, and more. New roof and downspout in 2022. Furnaces and Hot Water Heaters 2016. Four separate electrical panels. All brick garage 3 car garage. Garage doors are not functional. Unit 3 is currently rented below market at $1100/mo and is on a month to month lease. Unit 1 and 2 are currently vacant and listed for $1350/mo so you could live in one unit and have the rents pay your mortgage or rent them all out as a turnkey investment. Located in South Shore with easy access to Lake Michigan, Rainbow Beach/Park, South Shore Beach, Jackson Park/Golf Course, Obama library, and the Cheltenham Metra Stop. Property being sold As Is. 2022 taxes were $4113.65/yr. Photos and floorplans are of unit 1, unit 2, and basement. No floor plan or photos for the 3rd floor due to being tenant occupied.
Price History | |
---|---|
2/27/2024 | Listed $449,999 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Radiator(s) |
Possession | Closing |
Zoning | MULTI |
Garage Spaces | 3 |
Year Built | 1924 |
Township | Hyde Park |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Gross Income | 48600 |
County | Cook |
New Construction | No |
Property Type | Residential Income |
Contingency | Attorney/Inspection |
Total Rooms | 21 |
Status | Contingent |
Directions | 79TH STREET EAST OR WEST TO ESSEX WEST 1 BLOCK TO PHILLIPS AVE |
City | Chicago |
High School District | 299 |
MLS Area | CHI - South Shore |
Waterfront Y/N | No |
Street Name | PHILLIPS |
Tax Annual Amount | 4113.65 |
Virtual Tour | https://real.vision/7830-south-phillips-avenue?o=u |
Days on Market | 59 |
Standard Status | Active Under Contract |
Middle/Junior School District | 299 |
Elementary School District | 299 |
Property Type | Two to Four Units |
Interior Features
Basement | Full |
---|---|
Street Suffix | Avenue |
Total Bedrooms | 12 |
Total Baths | 3 |
Bedrooms Possible | 12 |
Basement | Unfinished |
Full Baths Building | 3 |
Total Number of Units | 3 |
Exterior Features
Water Source | Lake Michigan |
---|---|
Total Parking | 3 |
Lot Dimensions | 32 X 125 |
Lot Size Acres | 0.08 |
Garage Onsite | Yes |
Garage Type | Detached |
Garage Ownership | Owned |
Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool