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$479,900

8010 Phillips Ave

Chicago, IL
Contingent
9
Bedrooms
1926
Year Built
35
Days On Market

TURNKEY + VALUE-ADD opportunity in South Shore! REHAB/RENOVATION FINANCING REQUIRED due to the remaining work in the legal garden unit. This is a LEGAL 4-UNIT. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals, new bathrooms, kitchens, flooring and light fixtures. All three units are VACANT and ready to lease at current market rents, allowing the next owner to select their own tenants and start generating rental income immediately. The legal 4th garden unit is a 1-bedroom, 1-bath offering even more rental income once the remaining improvements are completed. The three large upper units are ready to rent and can help support the property's expenses while the final unit is completed. A 3-car garage plus basement common area offer additional income potential through garage parking and coin laundry. An excellent opportunity for an investor or owner-occupant. FHA 203(k), Fannie Mae HomeStyle or other qualifying renovation financing required. Sold As-Is.

Listing Information

Listing Updated
10 days ago
Listed By
Danica Matos · Smart Home Realty, 6308701000
MLS#
12771712
Source
Midwest Real Estate Data (MRED)
Status
Contingent

Facts & Features

Location

Community Information

Address
8010 S Phillips Ave, Chicago, IL 60617
City
Chicago
County
Cook
Zip Code
60617

Architecture

Bedrooms
9
Year Built
1926
Construction Materials
Brick
Roof
Asphalt
Garage
Yes
Garage Spaces
3
Parking Features
Garage, Detached

Features & Amenities

Community Features
Sidewalks, Street Lights
Heating
Forced Air

Property Features

Sewer
Public Sewer

Tax & Financial Information

List Price
$479,900
Annual Taxes
$7,226

Schools

99/100
Coles Elementary Language Academy
Elementary · Grades PK–08 · 0.6 mi
City
Chicago
Students
493
Student body
97% Black · 3% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
96%
Phone
(773) 535-6550
74/100
EPIC Academy High School
High · Grades 09–12 · 0.9 mi
City
Chicago
Students
519
Parent reviews
5.0★ avg · 2 reviews
Student body
63% Black · 33% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
95%
Phone
(773) 535-7930
62/100
Great Lakes Academy Charter Elementary School
Elementary · Grades KG–08 · 0.6 mi
City
Chicago
Students
538
Student–teacher
15.8
Parent reviews
5.0★ avg · 2 reviews
Student body
90% Black · 8% Hispanic / Latino · 2% Two or More Races
Free/reduced lunch
86%
Phone
(773) 503-3040
54/100
Excel Academy of South Shore
High · Grades 09–12 · 0.8 mi
City
Chicago
Students
145
Student body
90% Black · 9% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
95%
Phone
(773) 902-7800
54/100
Chicago Vocational Career Academy High School
High · Grades 09–12 · 0.9 mi
City
Chicago
Students
861
Student body
97% Black · 2% Hispanic / Latino · 0% American Indian / Alaska Native
Free/reduced lunch
96%
Phone
(773) 535-6100
53/100
Bradwell Community Arts & Sci Elementary School
Elementary · Grades PK–08 · 0.5 mi
City
Chicago
Students
490
Student body
98% Black · 1% Hispanic / Latino · 0% White
Free/reduced lunch
99%
Phone
(773) 535-6600
53/100
Ninos Heroes Elementary Academic Center
Elementary · Grades PK–08 · 0.7 mi
City
Chicago
Students
372
Student body
86% Black · 14% Hispanic / Latino · 1% White
Free/reduced lunch
98%
Phone
(773) 535-6694
53/100
YCCS-Sullivan House Alt High School
High · Grades 09–12 · 0.7 mi
City
Chicago
Students
297
Student body
88% Black · 11% Hispanic / Latino · 1% American Indian / Alaska Native
Free/reduced lunch
100%
Phone
(773) 978-8680

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/29/2026Listed for sale$479,900

Listed by Danica Matos · Smart Home Realty · 6308701000

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: October 23, 2026 at 11:35 PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12771712

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