Active Under Contract
Multi family home for sale at 7641 S Phillips Ave, Chicago, IL 60649 | MLS# 12737828 | Listing updated on 2026-09-17
Photo 1 of Multi family home for sale at 7641 S Phillips Ave, Chicago, IL 60649 | MLS# 12737828 | Listing updated on 2026-09-17
Photo 2 of Multi family home for sale at 7641 S Phillips Ave, Chicago, IL 60649 | MLS# 12737828 | Listing updated on 2026-09-17
Photo 3 of Multi family home for sale at 7641 S Phillips Ave, Chicago, IL 60649 | MLS# 12737828 | Listing updated on 2026-09-17
Photo 4 of Multi family home for sale at 7641 S Phillips Ave, Chicago, IL 60649 | MLS# 12737828 | Listing updated on 2026-09-17
22+
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Street View

$600,000

Monthly Est:$2,986

  • Beds Icon9 Beds
  • Beds Icon
    3 Baths
  • Beds Icon--sqft

7641 S Phillips Ave, Chicago, IL 60649

$2,986/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1925

  • $-- HOA

  • -- sqft lot

  • --/sqft

Description

This condo-like gated 3-unit brick building in desirable South Shore is perfect for the right homebuyer or investor. All 3 spacious apartments feature 3 large bedrooms, formal dining rooms, and beautifully restored hardwood floors. Recent updates include separate heating systems and water heaters, new roof on both the apartment building and garage, rebuilt back porch, new copper and waste plumbing lines, updated electrical, and new flooring and windows. Updated kitchens feature quartz countertops and stainless steel appliances, while all bathrooms have been refreshed with new fixtures and tile, including jetted tubs. Each unit now also has its own washer/dryer hookups and central A/C. The full basement offers excellent value-add potential. The property is located within an approved zoning area to add a legal 4th unit in the basement, which already has the required ceiling height as well as both front and rear entrances. The basement also offers additional storage and income potential. There is 1 garage space per unit. Conveniently located near Rainbow Beach, the Obama Library, public transportation, places of worship, schools, restaurants, and shopping. A great opportunity for an investor or owner looking to maximize rental income and future potential. Schedule your appointment today!

  • Houzeo last checked: 12 minutes ago
  • Listing updated: September 17, 2026 at 3:26 pm
  • Listing Provided by: Jaiva Birch (850) 212-1209 , Rosemary Murphy DRE #471017322 | Century 21 IMPACT (815) 221-8400
  • Source: MRED MLS-IL | MLS#: 12737828 MRED MLS-IL

Part of

Building
7641 S Phillips Ave
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Property Details

  • Status

    Active Under Contract

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    South Shore

  • Year Built

    1925

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12737828

  • MLS Status

    Contingent

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 9

    Bathrooms: 3

Interior

  • Sewer

    Public Sewer

  • Heating

    Natural Gas, Forced Air, Sep Heating Systems 2+

Construction

  • Year Built

    Year Built: 1925

  • Home type

    Multi Family

  • Construction Materials

    Brick

Utilities & Energy

  • Parking Features

    Yes, Detached, Garage

  • Basement

    Partially Finished, Full

  • Water Source

    Lake Michigan, Public

Price History

DateEventPrice

09/17/2026

Source: #MRD12737828

Contingent (Active Under Contract)

$600,000 +7.14%

$0/sqft

08/20/2026

Source: mls_logoMRED MLS-IL #MRD12627060

Listing Removed

$560,000 -6.67%

$0/sqft

08/20/2026

Source: mls_logoMRED MLS-IL #MRD12737828

Listed for Sale

$600,000 +7.14%

$0/sqft

05/25/2026

Source: mls_logoMRED MLS-IL #MRD12627060

Pending

$560,000

$0/sqft

04/24/2026

Source: mls_logoMRED MLS-IL #MRD12627060

Listed for Sale

$560,000

$0/sqft

South Shore Ranks #184 in Chicago, IL

Homes for sale
130

Homes

Rental prices
$1,187

Rental Prices

Median Home Price
$157.5K

Median Home Price

South Shore, Chicago, IL neighborhood guide

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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 09, 2026, 11:15AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 09, 2026, 11:15AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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