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$420,000

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • Updated 2 days ago
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Well-maintained multi-unit property located on a residential block on Chicago's South Shore neighborhood. The building features multiple income-producing units with functional layouts and separate living spaces. Utilities are separately metered, offering simplified management and expense control. Units feature practical floor plans, natural light, and durable finishes. Current rents are below market, providing a clear value-add opportunity through rent optimization and targeted improvements. Mechanical systems and utilities are configured for multi-unit use. Exterior offers a solid structure with low-maintenance materials. Property presents strong long-term rental demand and operational upside for both owner-occupants and investors. Convenient access to major transportation routes, neighborhood amenities, and employment centers. Ideal for investors seeking stable cash flow with upside potential in an established Chicago neighborhood. Interior photos coming soon.

Full Property Details for 7751 S Phillips Ave

General

  • Price: $420,000
  • Taxes: $3,388 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12560835
  • Updated: 2/10/2026
  • Added to Site: 9 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 7

Parking

  • Total Spaces: 3
  • Parking Features: Off-Alley, Alley Access, Yes, Owned

Location

  • Area: CHI - South Shore
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: 79th street to Yates boulevard north to 77th east to Phillips then south to the property.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Radiant, Radiator(s)

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full, Walk-Out Access
  • Year Built: 1923
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125

Financial Considerations

  • Assessment Year: 1923
  • Tax Amount: $3,388
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 21303190150000

Listed by Fulton Grace Realty

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Listing agent

— 7751 S Phillips Ave —

  • Fulton Grace Realty

jasonmarsing@fultongrace.com

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
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 7751 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
12-0.7 mi
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-111.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7751 S Phillips Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/03/2026
Listed
$420,000
61.54%
MLS
11/09/2020
Sold
$260,000
—
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 7751 S Phillips Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,388
3%
$16,000
—
2022
$3,291
2%
$16,000
—
2021
$3,217
-4%
$16,000
-22%
2020
$3,352
-3%
$20,629
-12%
2019
$3,470
2%
$23,442
—
2018
$3,409
51%
$23,442
64%
2017
$2,257
-45%
$14,283
-38%
2016
$4,104
10%
$22,987
—
2015
$3,732
27%
$22,987
25%
2014
$2,948
2%
$18,459
—
2013
$2,879
-9%
$18,459
-9%
2012
$3,176
—
$20,192
—
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 Fulton Grace Realty

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7751 S Phillips Avenue, Chicago, IL 60649 (MLS# 12560835) is a Multi-Family property with 3 units containing 7 bedrooms and 0 full bathrooms. 7751 S Phillips Avenue is currently listed for $420,000 and was received on February 03, 2026. Want to learn more about 7751 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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