# 7732 S Phillips Avenue, Chicago, IL 60649

> **TL;DR:** 11bd/7ba residential multi family, $700,000, built 1923. Est. $3,033/mo. Listed 23 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $700,000 |
| Bedrooms | 11 |
| Bathrooms | 7 full |
| Year Built | 1923 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 23 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,033 |
| **Total** | **$3,033** |

## Property Highlights

- Built in 1923
- 2 parking spaces

## Description

### Agent Description
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 $2,300 per month for each of the three above-grade units and an estimated $1,800 per month for the finished garden unit, the property offers potential gross rental income of approximately $8,700 per month, 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.

## Location

- **Address:** 7732 S Phillips Avenue, Chicago, IL 60649
- **County:** Cook
- **Coordinates:** 41.754422, -87.565416
- **Google Maps:** https://www.google.com/maps?q=41.754422,-87.565416

## Listing Agent

- **Name:** Colleen Berg
- **Brokerage:** Berg Properties
- **Phone:** (708) 763-8674
- **Email:** cberg@bergproperties.com

## Primary Photo

![7732 S Phillips Avenue - Primary Photo](http://lh.rdcpix.com/8d2ec6af88a3f5435dec0b237b1386bdl-f4206269000r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/7732-s-phillips-avenue-chicago-il-60649-12660519)*

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**MLS#:** 12660519 | **Updated:** 2026-06-25
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/7732-s-phillips-avenue-chicago-il-60649-12660519)

---

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