Active
7741 Phillips Avenue
Chicago, IL 60649
$685,000
9beds
3baths
—sqft
Anything from "is it priced right?" to "what's the catch?"
About this home
Welcome to beautifully renovated 7741 S. Phillips Ave - a stunning, fully gut-rehabbed multi-unit property where everything has been rebuilt from the studs with exceptional craftsmanship and modern high-end finishes throughout. This massive building offers oversized units with spacious layouts, each featuring 3 large bedrooms, 1 beautifully designed bathroom, and in-unit laundry hookups for ultimate tenant convenience. No detail was overlooked in this complete transformation. Improvements include all new framing, insulation, plumbing, electrical, HVAC systems, roof, windows, flooring, kitchens, bathrooms, fixtures, and mechanicals. The property blends modern style with functional design, creating a truly turnkey investment opportunity or ideal owner-occupant property. Each unit showcases gorgeous kitchens with brand-new stainless steel appliances, stylish cabinetry, updated countertops, and contemporary finishes throughout. The bathrooms feature beautiful tile work and modern fixtures, while the basement includes brand-new drain tile for added peace of mind and long-term value. With strong projected rental income of approximately $2,200 per unit, this property offers excellent cash-flow potential in a rapidly appreciating area. Whether you're an investor looking for a low-maintenance asset or an owner-occupant seeking luxury living with rental income, this property checks every box. Completely rebuilt. Fully turnkey. Massive units. Modern finishes. Strong income potential. A rare opportunity you do not want to miss.
MLS Description — as provided by the listing brokerage.
Location
The facts
Property typeResidential Income
Year built1926
Age band91-100 Years
Garage spaces3
Total parking3
Lot dimensions3720
AreaCHI - South Shore
Bedrooms (total)9
Annual tax$3,811
First listedMay 12, 2026
Parcel #21303190110000
CountyCook
MLS #MRD12645351
Days on market1
Photos20
Features
Heating
Forced AirSteam
Parking
YesGarage OwnedDetachedGarage
Construction
Brick
Sewer
Public Sewer
Listed by
Berg Properties
Colleen Berg
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 5/12/2026, 3:44:05 PM. All data should be independently verified.
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