8010 S Phillips AVE, Chicago, IL 60617
8010 S Phillips AVE, Chicago, IL 60617
8010 S Phillips AVE, Chicago, IL 60617
22
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$489,000
Est. payment /mo
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9 Beds
7 Baths
Active

8010 S Phillips AVE Chicago, IL 60617

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Sharie Jackson

Sharie Jackson

+1(708) 231-8901

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12740698

Bedrooms 9

Year Built 1926

Annual Tax Amount $7,226

Tax Year 2024

Lot Dimensions 35X125

Property Sub-Type Two to Four Units

Property 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.

Location

State IL

County Cook

Area Chi - South Chicago

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry, Full, Walk-Out Access

Interior

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

Fireplace N

Exterior

Garage Spaces 3.0

Community Features Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Danica Matos of  Smart Home Realty 

NEARBY SCHOOL & BUSINESS

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Sharie Jackson

Sharie Jackson

Realtor License ID: 475.180534

+1(708) 231-8901

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8010 S Phillips AVE

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