8010 S Phillips Ave

Chicago IL 60617

Multi-Family

Currently for sale - view listing

Overview

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

Features

9 bedrooms

7 bathrooms

3 carspaces

3 garage spaces

Multi-Family

Property history for 8010 S Phillips Ave

2024

Sold

$259,000

09 Aug 2024 by Lauren Green, of Dream Town Realty

2024

Sold

$202,500

18 Mar 2024 by Anthony Disano, of Parkvue Realty Corporation

2018

Sold

$224,900

14 Jul 2018 by Efrem Lambert, of Anchor Realty Group, Inc

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