Properties

Features
: Forced Air , Steam
: Full , Unfinished
: Garage Door Opener , Detached , Garage , Garage Owned , Yes
: Public Sewer
Address Map
US
IL
Cook
Chicago
60649
Phillips
7732
Avenue
W88° 26' 4.7''
N41° 45' 15.9''
77th Street East to Phillips right to 7732.
CHI - South Shore
S
MULTI
Neighborhood
299
299
299
Additional Information
: Brick
2
3720
: Lake Michigan
Berg Properties
Colleen Berg
Financial
3109
Listing Information
MRD162880
MRD16645
Active
2026-06-28T05:06:25Z
MRED
: None
2026-06-28T05:05:39Z
Property Description

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.

Residential Income For Sale

7732 S Phillips Avenue, Chicago, Illinois 60649

  • Bedrooms : 11
  • Bathrooms : 7
$700,000
Listing ID#12660519
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12660519
Price : $700,000
Bedrooms : 11
Rooms : 24
Bathrooms : 7
Year Built : 1923
Listing Status : Active
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