Map
Listed price in listed location currency (USD).
$489,000

973

MLS® 12740698

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $7,226
Days Active 23
Lot Size 
Approx. Age 1926
MLS® Number 12740698

Property Address: 8010 S Phillips Ave, CHICAGO, IL, 60617-7629

Average square foot calculated using Size range provided by listing agent.

Description

TURNKEY + VALUE-ADD opportunity in South Shore! REHAB/RENOVATION FINANCING REQUIRED due to the remaining work in the legal garden unit. This is a LEGAL 4-UNIT. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals, new bathrooms, kitchens, flooring and light fixtures. All three units are VACANT and ready to lease at current market rents, allowing the next owner to select their own tenants and start generating rental income immediately. The legal 4th garden unit is a 1-bedroom, 1-bath offering even more rental income once the remaining improvements are completed. The three large upper units are ready to rent and can help support the property's expenses while the final unit is completed. A 3-car garage plus basement common area offer additional income potential through garage parking and coin laundry. An excellent opportunity for an investor or owner-occupant. FHA 203(k), Fannie Mae HomeStyle or other qualifying renovation financing required. Sold As-Is.
MLS® Number12740698
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1926
BasementUnfinished, Exterior Entry, Full, Walk-Out Access
DrivewayYes, Garage Owned, Detached, Garage
Garage Spaces
HeatNatural Gas, Forced Air, Sep Heating Systems - 2+
A/C

Extras

Price History

Last Sold Price

$259,000$259K

Appreciation

--

Avg. Days Listed

2 days

Today, Other for $489,000

Other · 35 days

$489,000

MLS® 12740698

A month ago

Not Sold Yet

September 2026, For Sale for $479,900

For Sale · 0 days

$479,900

MLS® 12771712

11 hours ago

Not Sold Yet

August 2026, Other for $489,000

Other · 35 days

$489,000

MLS® 12740698

A month ago

Not Sold Yet

July 2024, Sold for $259,000

Sold · 4 days

$259,000$275,000

MLS® 12096112

2 years ago

Sold on Jul 2, 2024

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties