Commercial > Multi-family / Apartments
Sold
03/25/2021
Sold Price
$5,525,000$--/ft²
7350 Phillips Ave
Chicago, IL 60649
- -Bed
- -Bath
- -Living Area
- 0.3acLot Size
- -Pool
- -Car
- 1929Year Built
- -DOM
- 9Permits
7350 Phillips Ave, Chicago, IL 60649 is a multi-family/apartments property built in 1929 on a 0.265 acre lot with 9 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2021 for $5,525,000.
Permits
7350 Phillips Ave has 9 permit records of total value of $1,291,443.
Permit History
9
Permits
$1,291,443
Total Permit Value
July 6, 2022
Description: Installation of car top inspection station on one(1) 1500lb capacity 6-floor 100fpm passenger elevator pursuant to the scope of work submitted.(ev005301)Job Value: $7,480Status: issuedType: Elevator equipmentBusiness Name: ALL Types Elevators INCApplicant: Wpd ManagementFees: $300Effective Date: 2022-07-06Permit Number: 100978924
May 25, 2017
Description: Repair masonry under bay windoew & tuckpoint as necessary & correct violaton on parapet-(no structural work)- all work same as existing; subject to field inspectionsJob Value: $3,800Status: issuedType: Easy permit processBusiness Name: Ronald L Walters General ANDApplicant: South Chicago Shore LLCFees: $550Effective Date: 2017-05-25Permit Number: 100707434
July 24, 2013
Description: Decommission (1) 6-stop freight elevator not identified on ev005301 located in center of building. All work subject to field inspection by city of chicago elevator bureauJob Value: $5,000Status: issuedType: Elevator equipmentBusiness Name: ALL Types Elevators INCApplicant: Inverbrass Funds, LLCFees: $205Effective Date: 2013-07-24Permit Number: 100501116
September 6, 2012
Description: Installation of low voltage burglar alarm # 339-03767-01 resiJob Value: $118Status: issuedType: Electric wiringBusiness Name: ADT INCFees: $50Effective Date: 2012-09-06Permit Number: 100456654
November 8, 2010
Description: Low voltage alarmJob Value: $195Status: issuedType: Electric wiringBusiness Name: ADT INCFees: $50Effective Date: 2010-11-08Permit Number: 100371926
February 3, 2010
Description: Two (2) traction 6-stop passenger elevators replace hoistway doors and hall button fixtures. Pursuant to scope of work submittedJob Value: $24,000Status: issuedType: Elevator equipmentBusiness Name: ALL Types Elevators INCApplicant: Inverness Funds, LLCFees: $200Effective Date: 2010-02-03Permit Number: 100329193
April 15, 2009
Description: Installation of low voltage burglar alarmJob Value: $850Status: issuedType: Electric wiringBusiness Name: ADT INCFees: $50Effective Date: 2009-04-15Permit Number: 100286705
January 2, 2007
Description: Interior alterations/rehabilitation to an existing 6 story 70 unit residential building per plansJob Value: $1,250,000Status: issuedType: Renovation/alterationBusiness Name: Reis Steven M; SD Hvac; THE Inverbrass Funds LLCApplicant: 7350 South Philips LLCFees: $45,500Effective Date: 2007-01-02Permit Number: 100134530
August 16, 2006
Description: Temporary serviceStatus: issuedType: Electric wiringBusiness Name: Richard D RidgewayFees: $100Effective Date: 2006-08-16Permit Number: 100128931
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$49,460.29From latest Total Assessed Value20.11%Total Assessed Value$245,960=Land+
Assessed Value$10,387Additions
Assessed Value$235,573
In 2021, taxes billed for 7350 Phillips Ave were $49,460.29, which is 20.11% from latest Total Assessed Value of $245,960.
Property History
7350 Phillips Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 7350 Phillips Ave
Hazard Risks
Tornado213Particulates128Hail124Wind120Carb Mono104Weather104Air Pollution102Ozone101Nat'l Avg100Lead57Earthquake43Hurricane15
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 7350 Phillips Ave.
Walkability Index
16 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
7350 Phillips Ave has a walkability score of 16 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
20°F
High
34°F
Summer
Average
Low
63°F
High
81°F
In the winter at 7350 Phillips Ave, temperatures range from 20.38°F to 34.29°F with an average of 27.34°F. In the summer, the temperature ranges from 62.82°F to 80.98°F with and average of 71.9°F.
School Information
Public/private schools serving 7350 Phillips Ave
Public Schools
Chicago Vocational Career Academy High School
Grades: 9-11
1.66 mi
F
Powell Paideia Community Academy Elementary School
Grades: KG-8
0.46 mi
C-
South Shore International College Prep High School
Grades: 12-12
0.64 mi
B-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 7350 Phillips Ave have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in South Shore, Chicago, IL 60649.
Seasonal Housing units 60649
0%of housing is for seasonal rent.
Daytime Population for 60649
-29%of people during work hours.
Boundary map of South Shore.
Crime Index for 60649
178
178
The crime index in 60649 is 178, which is 1.8 times higher than national average.
Market Trends
Historical market data near 7350 Phillips Ave over selected time period.
Nearby Properties on Phillips Ave
- 7314 S Phillips Ave # 2, Chicago, IL 60649 (South Shore) is a 5,912 square foot, 8 bedroom, 4 bathroom, 0.28 acre property.
- 7634 S Phillips Ave, Chicago, IL 60649 (South Shore) is a 5,832 square foot, 9 bedroom, 3 bathroom, 0.09 acre property.
- 8639 S Phillips Ave # 2, Chicago, IL 60617 (South Chicago) is a 2,573 square foot, 5 bedroom, 2 bathroom, 0.07 acre property.
- 8958 S Phillips Ave, Chicago, IL 60617 (Calumet Heights) is a 1,107 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1952 and has an estimate of $151,769 with a price per ft² of $137.
- 8049 S Phillips Ave, Chicago, IL 60617 (South Chicago) is a 1,135 square foot, 3 bedroom, 1 bathroom, 0.11 acre property. It was built in 1954 and has an estimate of $243,640 with a price per ft² of $215.
- 8548 S Phillips Ave, Chicago, IL 60617 (South Chicago) is a 1,875 square foot, 2 bathroom, 0.14 acre property.
- 8515 S Phillips Ave, Chicago, IL 60617 (South Chicago) is a 1,052 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1943 and has an estimate of $132,969 with a price per ft² of $126.
- 7222 S Phillips Ave, Chicago, IL 60649 (South Shore) is a 6 bedroom, 5 bathroom, 0 acre property.
- 9226 S Phillips Ave, Chicago, IL 60617 (Calumet Heights) is a 2,526 square foot, 4 bedroom, 2 bathroom, 0.14 acre property. It was built in 1888 and has an estimate of $213,137 with a price per ft² of $84.
- 9357 S Phillips Ave, Chicago, IL 60617 (Calumet Heights) is a 1,200 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1963 and has an estimate of $275,000 with a price per ft² of $229.
- 8525 S Phillips Ave, Chicago, IL 60617 (South Chicago) is a 1,844 square foot, 4 bedroom, 3.25 bathroom, 0.09 acre property. It was built in 2007 and has an estimate of $301,845 with a price per ft² of $164.
- 7349 S Phillips Ave, Chicago, IL 60649 (South Shore) is a 960 square foot, 2 bedroom, 1 bathroom, 0.03 acre property. It was built in 1944 and has an estimate of $122,350 with a price per ft² of $127.
- 8531 S Phillips Ave, Chicago, IL 60617 (South Chicago) is a 1,844 square foot, 4 bedroom, 3.25 bathroom, 0.09 acre property. It was built in 2007 and has an estimate of $297,333 with a price per ft² of $161.
- 8529 S Phillips Ave, Chicago, IL 60617 (South Chicago) is a 1,844 square foot, 3 bedroom, 3.25 bathroom, 0.09 acre property. It was built in 2008 and has an estimate of $309,250 with a price per ft² of $168.
- 7731 S Phillips Ave, Chicago, IL 60649 (South Shore) is a 2,832 square foot, 6 bedroom, 4 bathroom, 0.09 acre property.
- 8549 S Phillips Ave, Chicago, IL 60617 (South Chicago) is a 1,844 square foot, 4 bedroom, 3.25 bathroom, 0.09 acre property. It was built in 2007 and has an estimate of $296,192 with a price per ft² of $161.
- 9035 S Phillips Ave, Chicago, IL 60617 (Calumet Heights) is a 1,227 square foot, 3 bedroom, 2.25 bathroom, 0.09 acre property. It was built in 1956 and has an estimate of $150,849 with a price per ft² of $123.
- 8600 S Phillips Ave, Chicago, IL 60617 (South Chicago) is a 1,234 square foot, 3 bedroom, 1 bathroom, 0.07 acre property. It was built in 1927 and has an estimate of $127,815 with a price per ft² of $104.
- 8300 S Phillips Ave, Chicago, IL 60617 (South Chicago) is a 1,270 square foot, 3 bedroom, 2.25 bathroom, 0.09 acre property. It was built in 1958 and has an estimate of $224,107 with a price per ft² of $176.
- 9325 S Phillips Ave, Chicago, IL 60617 (Calumet Heights) is a 1,101 square foot, 3 bedroom, 1 bathroom, 0.1 acre property. It was built in 1959 and has an estimate of $145,473 with a price per ft² of $132.
- 7710 S Phillips Ave, Chicago, IL 60649 (South Shore) is a 5,580 square foot, 6 bedroom, 3 bathroom, 0.09 acre property.
- 7434 S Phillips Ave, Chicago, IL 60649 (South Shore) is a 864 square foot, 2 bedroom, 1 bathroom, 0.08 acre property. It was built in 1922 and has an estimate of $191,947 with a price per ft² of $222.
- 8602 S Phillips Ave, Chicago, IL 60617 (South Chicago) is a 1,469 square foot, 4 bedroom, 1 bathroom, 0.07 acre property. It was built in 1922 and has an estimate of $140,896 with a price per ft² of $96.
- 8606 S Phillips Ave, Chicago, IL 60617 (South Chicago) is a 1,093 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1954 and has an estimate of $126,767 with a price per ft² of $116.
- 8608 S Phillips Ave, Chicago, IL 60617 (South Chicago) is a 882 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1926 and has an estimate of $111,411 with a price per ft² of $126.
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