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$489,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • 3 Car Garage
  • Updated 20 hours ago

Next open house:

Open House: 12:00 PM - 2:00 PM

Sunday 8/30 12:00 PM - 2:00 PM

8010 S Phillips Avenue,Chicago, IL 60617

8010 S Phillips AvenueChicagoIL60617

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TURNKEY + VALUE-ADD opportunity in South Shore! This LEGAL 4-UNIT offers a rare combination of immediate rental potential and room to create additional income. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals and are VACANT and ready to lease at current market rents-allowing the next owner to select their own tenants and build their rent roll from day one. The legal 4th garden unit is a 1-bedroom, 1-bath and offers the opportunity to complete the remaining improvements and unlock even more rental income. Even better, the three completed units are positioned to support the property's overhead while the final unit is completed. A 3-car garage and the opportunity for additional income through garage parking and coin laundry in basement common area. An excellent opportunity for an investor or owner-occupant looking for a renovated multi-unit with multiple income streams and additional upside. Sold as-is

Full Property Details for 8010 S Phillips Ave

General

  • Price: $489,000
  • Taxes: $7,226 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12740698
  • Updated: 8/24/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Complex Features: Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 9

Additional Information

  • Other Features: Commuter Bus, Commuter Train, Interstate Access

Parking

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

Location

  • Area: CHI - South Chicago
  • County: Cook
  • Township: Lake
  • Driving Directions: 79th St to Phillips South to 8010

School Information

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

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air, Sep Heating Systems - 2+

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Exterior Entry, Full, Walk-Out Access
  • Roof: Asphalt
  • Year Built: 1926
  • Built Before 1978: Yes
  • Remodeled/Updated: 2026

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size Range: Oversized Chicago Lot
  • Lot Dimensions: 35 x 125
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1926
  • Tax Amount: $7,226.26
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 21311080320000

Listed by Smart Home Realty

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Schools serving 8010 S Phillips Ave

School District:Chicago Public School District 299
NameGradesDistance
Coles Elementary Language Academy
8441 South Yates Boulevard, Chicago, IL 60617
K-80.6 mi
South Shore Intl Col Prep High School
1955 East 75th Street, Chicago, IL 60649
12-0.8 mi
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-110.9 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 8010 S Phillips Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/24/2026
Listed
$489,000
88.8%
MLS
8/07/2024
Sold
$259,000
—
Public Record
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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 8010 S Phillips Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,541
—
$34,800
12%
2023
$6,541
3%
$31,000
—
2022
$6,376
2%
$31,000
—
2021
$6,234
46%
$31,000
62%
2020
$4,275
-4%
$19,189
-13%
2019
$4,432
2%
$22,057
—
2018
$4,357
-19%
$22,057
-11%
2017
$5,357
7%
$24,884
—
2016
$4,984
9%
$24,884
—
2015
$4,560
-10%
$24,884
-9%
2014
$5,070
2%
$27,325
—
2013
$4,970
1%
$27,325
—
2012
$4,903
—
$27,325
—
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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8010 S Phillips Avenue, Chicago, IL 60617 (MLS# 12740698) is a Multi-Family property with 4 units containing 9 bedrooms and 0 full bathrooms. 8010 S Phillips Avenue is currently listed for $489,000 and was received on August 24, 2026. Want to learn more about 8010 S Phillips Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.

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