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$399,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • 3 Car Garage
  • Updated 18 hours ago

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Exceptional investment opportunity in Chicago's desirable South Shore neighborhood! This jumbo 3-flat features spacious, move-in-ready units with similar layouts, each offering 3 bedrooms, 2 full baths - including a primary suite with private ensuite bath - hardwood floors, formal dining room, and a bright living room with classic bay window. A defined foyer entry, walk-in pantry space, and generous room sizes throughout add to the appeal. Ideally located near Lake Michigan, Rainbow Beach, South Shore Cultural Center, Jackson Park, and neighborhood parks, offering easy access to recreation and outdoor amenities. Close to shopping, dining, schools, and public transportation - including CTA bus routes and Metra Electric - for a quick commute to Hyde Park, the University of Chicago, and Downtown Chicago. Whether you're expanding your portfolio or planning to owner-occupy while collecting rental income from the remaining units, this well-maintained multi-unit building offers strong long-term potential in one of Chicago's historic lakefront communities. Don't miss this rare opportunity in a location that continues to attract both residents and investors.

Full Property Details for 7537 S Phillips Ave

General

  • Price: $399,900
  • Taxes: $4,234 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12673942
  • Updated: 7/20/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Upper - Full Baths: 6

Bedrooms

  • Total Bedrooms: 9

Additional Information

  • Other Features: Commuter Bus, Commuter Train

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 3
  • Parking Features: Tandem, Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - South Shore
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: east/west on 75th St to Phillips, south to property.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Bradwell Comm Arts & Sci Element
  • Middle School: Bradwell Comm Arts & Sci Element
  • High School: South Shore Community Academy Se
  • Private School: South Shore Community Academy Se

Heating & Cooling

  • Heating Type: Natural Gas, Radiator(s)

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Foundation: Concrete Perimeter
  • Roof: Flat
  • Year Built: 1923
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 30 x 124
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1923
  • Tax Amount: $4,234.89
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 21303010100000

Listed by Keller Williams Premiere Properties

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— 7537 S Phillips Ave —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 7537 S Phillips Ave

School District:Chicago Public School District 299
NameGradesDistance
Bradwell Community Arts & Sci Elementary School
7736 South Burnham Avenue, Chicago, IL 60649
K-80.4 mi
South Shore Intl Col Prep High School
1955 East 75th Street, Chicago, IL 60649
12-0.6 mi
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-111.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7537 S Phillips Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/20/2026
Listed
$399,900
116.16%
MLS
4/23/2018
Sold
$185,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7537 S Phillips Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,235
—
$34,100
70%
2023
$4,235
3%
$20,000
—
2022
$4,114
2%
$20,000
—
2021
$4,022
—
$20,000
10%
2020
$4,036
-2%
$18,118
-12%
2019
$4,137
2%
$20,589
—
2018
$4,067
67%
$20,589
-7%
2017
$2,439
-45%
$22,143
—
2016
$4,435
9%
$22,143
—
2015
$4,058
2%
$22,143
3%
2014
$3,998
2%
$21,548
—
2013
$3,919
1%
$21,548
—
2012
$3,867
—
$21,548
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7537 S Phillips Avenue, Chicago, IL 60649 (MLS# 12673942) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 7537 S Phillips Avenue is currently listed for $399,900 and was received on July 20, 2026. Want to learn more about 7537 S Phillips Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

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