7732 South Phillips Avenue

Chicago IL 60649

Multi-Family

Last sold for $580,000

Scott Berg, last sold this property on 30 September 2026 after 119 days on market.

Overview

Welcome to 7732 S. Phillips - an exceptionally large jumbo brick building offering over 7,500 square feet of living space plus an additional oversized storage room adjacent to the basement level. This is one of the largest multi-unit buildings in the neighborhood and presents a rare opportunity for both investors and owner-occupants seeking strong rental income and modern updates throughout. The property features three spacious residential units plus a beautifully finished garden-level living space that can serve perfectly as owner's quarters, extended living space, or additional income potential. The building has undergone extensive renovations with updated plumbing, electrical, and HVAC systems, along with modern kitchens and beautifully updated bathrooms featuring sleek contemporary finishes. Additional improvements include newer windows, roof, beautifully refinished hardwood floors, updated fixtures, and in-unit laundry hookups for added tenant convenience. The expansive unit layouts provide oversized living areas and generous bedroom sizes rarely found in today's market. With projected rental income of approximately $2500 per month for each of the three above-grade units, creating exceptional cash-flow potential in a rapidly appreciating area. Whether you are looking to house hack, expand your investment portfolio, or own one of the premier buildings in the neighborhood, 7732 S. Phillips delivers scale, functionality, and long-term upside. Massive square footage. Updated systems. Modern finishes. Strong income potential. A truly unique opportunity.

Features

11 bedrooms

7 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Estimated Value

We need at least 3 similar 11 bedroom multi families sold in Chicago over the last 12 months.

Property history for 7732 South Phillips Avenue

2026

Sold

$580,000

30 Sep 2026 by Scott Berg, of Berg Properties

2025

Sold

$240,000

22 Apr 2025 by Ashley Kaehn, of Compass

Happy sellers in Chicago

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