This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$325,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
AN ADDITIONAL $30,000 PRICE REDUCTION BY SELLER IS IN EFFECT!!! Prime South Shore 6-Unit Investment Opportunity! Located at 7608-10 S Phillips, Chicago, IL 60649, this solid brick 6-unit building has reverted to multifamily rental in ongoing court case offering a fantastic value-add opportunity. Each spacious unit features 3-4 bedrooms, 2 bathrooms, hardwood floors, formal dining rooms and open rear porches, with select units boasting open floor plans. The property includes a full unfinished basement and two garages (one 2-car, one 3-car). Situated in the rapidly developing South Shore neighborhood, it is close to the Obama Presidential Center, Jackson Park, Metra, CTA, and the Lake Michigan. A prime opportunity for investors seeking strong rental income potential in a high-demand area! Sold AS-IS. All offers subject to judicial approval.
Full Property Details
Full Property Details for 7608 - 10 S Phillips Ave
General
- Sold For: $325,000
- Taxes: $99,999 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12309243
- Added to Site: 434 day(s) ago
Location
- Area: CHI - South Shore
- County: Cook
- Driving Directions: Yates Blvd to 76th St, east one street to Phillips Ave, then south to address
- Location Details: Freestanding/Urban, In City Limits
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas, Individual Furnaces
Utilities
- Water: Municipal Water
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished
- Stories/Levels: 3
- Square Feet: 10,236
- Year Built: 1925
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 6,572
- Lot Dimensions: 50 x 131
- Frontage: City Street
Financial Considerations
- Assessment Year: 1925
- Tax Amount: $99,999
- Tax Year: 2023
Disclosures and Reports
- Property ID: 21313070260000
Listed by RLB Realty Group, Inc.
Sold by Breakthrough Realty
Get Pre-Approved Today
Schools
Schools serving 7608 - 10 S Phillips Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Coles Elementary Language Academy 8441 South Yates Boulevard, Chicago, IL 60617 | K-8 | 0 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 7608 - 10 S Phillips Ave
Date
Details
Price
Change
Source
5/05/2026
Sold
$325,000
-16.67%
MLS
7/21/2025
Price Reduced
$390,000
-7.14%
MLS
6/03/2025
Price Reduced
$420,000
-6.67%
MLS
3/10/2025
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7608 - 10 S Phillips Avenue, Chicago, IL 60649 (MLS# 12309243) is a Commercial property that was sold at $325,000 on May 05, 2026. Want to learn more about 7608 - 10 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.

