7725 S Phillips Avenue Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60649
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12164258
Bedrooms 9
Year Built 1926
Annual Tax Amount $3,497
Tax Year 2022
Lot Dimensions 3720
Property Description
Prime Investment Opportunity: Rehab a Three-Story Brick Building in a High-Demand Area! Attention Investors and Developers! Seize the chance to transform this three-story brick building into a lucrative investment. Featuring three spacious apartments, each with 3 bedrooms, 2 baths, an in-unit laundry, a formal dining room, a large living room, and a kitchen, this property offers exceptional potential. With an unfinished basement included, there's an opportunity to add a fourth unit-unstamped plans for the basement unit are available! This rehab project requires all-new finishes, doors, flooring, HVAC, plumbing, and electrical, making it an ideal canvas for investors seeking to customize a property to maximize returns. Located in a sought-after area with limited 3-bedroom, 2-bath units, this building promises strong demand and a high return on investment. Don't miss out on this unique opportunity to capitalize on a rare find. Bring your vision and expertise to create a standout property in a thriving market! Contact us today to learn more and schedule a tour of your next profitable venture!
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299,299,299
Others
Ownership Fee Simple
Special Listing Condition None