7424 South Phillips Avenue, CHICAGO

$305,000

11 Beds
4 Baths
0 Sqft
.14 Acres
2 Garages

Awesome income producing investment property in the south shore neighborhood! This owner has MAXIMIZED his rental income by renting each of the 13 rooms individually. Current rent per month is $3,425. When full, at the current rates, the potential rent is $5,425!!! Many recent projects have been completed: Brand NEW ELECTRIC, NEW rear porches, recently tuck pointed. Living space in basement was recently permitted and brought up to code. FURNISHED UNITS. All furniture stays. The property does need some cosmetic upgrades. This WILL NOT last long! Conveniently located! Hop onto lake shore drive and be down town in less than 20 minutes. Just a couple blocks from the wonderful south shore cultural center and a few short minutes to 63rd street beach. Easy walk to CTA bus and Metra train.

Essential Information
MLS® #10482554
Price$305,000
Bedrooms11
Bathrooms4.00
Full Baths4
Acres0.14
Year Built1913
TypeResidential
Sub-TypeTwo to Four Units
StatusActive
Community Information
Address7424 South Phillips Avenue
AreaCHI - South Shore
CityCHICAGO
CountyCook
StateIL
Zip Code60649
Amenities
Parking Spaces2
# of Garages2
Interior
HeatingGas
Has BasementYes
BasementFinished
Exterior
ExteriorBrick
Additional Information
ZoningMULTI
Listing Details
Office@properties
Property History
Status Changed from New to Active
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Listing information last updated on August 20th, 2019 at 12:05am CDT.