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$1,050,000

  • For Sale
  • Active
  • Commercial
  • Updated 1 day ago
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7600 S Phillips Avenue offers a compelling 14-unit multifamily investment in Chicago's South Shore neighborhood, strong fundamentals and long-term upside. The building features a desirable mix of unit layouts, including one one-bedroom unit, eight two-bedroom units, and five three bedroom units, appealing to a broad tenant base seeking spacious housing in a well-established lakefront-adjacent community

Full Property Details for 7600 S Phillips Ave

General

  • Price: $1,050,000
  • HOA FEE: $12,600
  • Taxes: $15,518 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12625316
  • Updated: 5/18/2026
  • Added to Site: 29 day(s) ago

Location

  • Area: CHI - South Shore
  • County: Cook
  • Driving Directions: South to Chicago Skyway (I-90 E), exit Stony Island Ave south to 75th St, east on 75th to Phillips Ave, then south on Phillips to property.

Heating & Cooling

  • Heating Type: Gas

Utilities

  • Trash: 6720

Structural Information

  • Stories/Levels: 4
  • Year Built: 1927
  • Built Before 1978: Yes

Lot Features

  • Lot Dimensions: 50 x 60

Financial Considerations

  • Maint. Fee: $12,600
  • Insurance Fee: $14,000
  • Operating Expenses: $94,455
  • Other Fee: $5,000
  • Assessment Year: 1927
  • Tax Amount: $15,518
  • Tax Year: 2024
  • Pays Electric: 4032
  • Pays Trash: 6720

Disclosures and Reports

  • Property ID: 21303070120000

Listed by 33 Realty

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— 7600 S Phillips Ave —

  • 33 Realty

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NMLS#: 1598647

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 7600 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 7600 S Phillips Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/21/2026
Listed
$1,050,000
36.36%
MLS
5/10/2023
Sold
$770,000
—
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 7600 S Phillips Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,399
3%
$68,004
—
2022
$13,987
2%
$68,004
—
2021
$13,675
—
$68,004
11%
2020
$13,637
11%
$61,215
—
2019
$12,299
2%
$61,215
—
2018
$12,092
11%
$61,215
21%
2017
$10,862
7%
$50,459
—
2016
$10,106
9%
$50,459
—
2015
$9,246
-11%
$50,459
-10%
2014
$10,436
2%
$56,246
—
2013
$10,230
17%
$56,246
15%
2012
$8,741
—
$48,711
—
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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Listed by 33 Realty

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7600 S Phillips Avenue, Chicago, IL 60649 (MLS# 12625316) is a Commercial property. 7600 S Phillips Avenue is currently listed for $1,050,000 and was received on April 21, 2026. Want to learn more about 7600 S Phillips Avenue? Do you have questions about finding other Commercial 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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