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7732 S Phillips Avenue

Chicago, IL 60649
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Bed 11

Bed

Bath 7

Bath

Welcome to 7732 S. Phillips - an exceptionally large jumbo brick building offering over 7,500 square feet of living space plus an additional oversized storage room adjacent to the basement level. This is one of the largest multi-unit buildings in the neighborhood and presents a rare opportunity for both investors and owner-occupants seeking strong rental income and modern updates throughout. The property features three spacious residential units plus a beautifully finished garden-level living space that can serve perfectly as owner's quarters, extended living space, or additional income potential. The building has undergone extensive renovations with updated plumbing, electrical, and HVAC systems, along with modern kitchens and beautifully updated bathrooms featuring sleek contemporary finishes. Additional improvements include newer windows, roof, beautifully refinished hardwood floors, updated fixtures, and in-unit laundry hookups for added tenant convenience. The expansive unit layouts provide oversized living areas and generous bedroom sizes rarely found in today's market. With projected rental income of approximately $2,300 per month for each of the three above-grade units and an estimated $1,800 per month for the finished garden unit, the property offers potential gross rental income of approximately $8,700 per month, creating exceptional cash-flow potential in a rapidly appreciating area. Whether you are looking to house hack, expand your investment portfolio, or own one of the premier buildings in the neighborhood, 7732 S. Phillips delivers scale, functionality, and long-term upside. Massive square footage. Updated systems. Modern finishes. Strong income potential. A truly unique opportunity.

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Detail Ic Property Details

Property Type : Residential Income

Price : $700,000

AD Id : 79828197

MLS Id : MRD12660519

Beds : 11

Year Built : 1923

Garage : 2

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 11

    Bathroom Information

    Total Baths: 7

    Room Information

    Rooms Total: 24
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Forced Air, Steam WaterSource: Lake Michigan

  • Building Information

    Year Built: 1923

  • Lot Information

    Lot Dimensions: 3720 Lot Size: Oversized Chicago Lot

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$700000

  • Tax Information

    Annual Tax: $3109 Tax Year: 2023 Parcel Number: 21303180210000

  • Parking Information

    Total Parking: 2 Garage Door Opener, Yes, Garage Owned, Detached, Garage

    Garage Information

    Garage Space: 2

  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan
  • Location Information

    City: Chicago Direction: 77th Street East to Phillips right to 7732.
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ByOwner last updated this listing 06/26/2026 @ 18:20

MLS: MRED #12660519 LISTED BY: Colleen Berg, Berg Properties 888-276-9959 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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