Phoenix, IL 60426,615 Frances Street
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Phoenix, IL 60426,615 Frances Street
Phoenix, IL 60426,615 Frances Street
Phoenix, IL 60426,615 Frances Street
Phoenix, IL 60426,615 Frances Street
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Shannon Dykowski

Shannon Dykowski

+1(815) 483-3817
Listed by Grant Alexanderof Alexander & Associates Realty Group
$ 149,900
Est. payment /mo
Save
Price Dropped by $15K

615 Frances Street Phoenix, IL 60426

8 Beds

3,049 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12463986

Bedrooms 8

Annual Tax Amount $14,853

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 23X122

Property Sub-Type Two to Four Units

Property Description

Financing Fell through at the last minute. Perfect opportunity for investors. Fantastic investment opportunity in beautiful and serene Phoenix, IL! This solid 4-unit apartment building is fully rented with long-term month-to-month tenants, and current rents offer plenty of room for substantial increases. Each apartment features two bedrooms and one bathroom, with one of the units recently remodeled and upgrades throughout. Major improvements have already been made: the roof is only 1.5 years old, the rear porch is less than five years old, and the front porch was just replaced in 2025 with a $30,000 investment. All units have separate heating systems and hot water tanks, giving tenants full independence. Outside, there's plenty of street parking plus two unassigned spots in the rear, and the property includes an additional lot next door, offering potential for expansion. Whether you're looking for a potential cash cow or a great setup for related living, this is an incredible opportunity in a welcoming community.

Location

State IL

County Cook

Community Park, Street Paved

Zoning MULTI

Rooms

Basement Crawl Space

Interior

Heating Steam

Fireplace N

Exterior

View Y/N true

Roof Type Asphalt

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Madison School

Middle Schools Coolidge Middle School

High Schools Thornton Township High School

School District 151, 151, 205

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
SCHOOLSPROPERTIES
Elementary Schools 20
  • 6

    Whittier Elementary School

    Public | KG - 6

  • 6

    Wolcott School

    Public | KG - 8

  • 6

    McKinley Elementary School

    Public | 4 - 5

  • 5

    Sandburg Elementary School

    Public | KG - 6

  • 5

    Lincoln Elementary School

    Public | KG - 6

  • 5

    Greenwood Elementary School

    Public | PK - 3

  • 4

    Woodland School

    Public | 1 - 4

  • 4

    Lincoln Elementary School

    Public | KG - 3

  • 4

    Martin L King Elementary School

    Public | PK - 5

  • 4

    Riverdale School

    Public | KG - 4

  • 4

    Washington Elementary School

    Public | KG - 6

  • 4

    Franklin Elementary School

    Public | KG - 6

  • 3

    Maya Angelou Elementary School

    Public | KG - 6

  • 2

    Lincoln Elementary School

    Public | PK - 5

  • 2

    Aldridge Elementary School

    Public | PK - 8

  • 1

    Washington Elementary School

    Public | PK - 5

  • 1

    Dr Ralph Bunche School

    Public | 1 - 4

  • 1

    Lowell-Longfellow Elementary School

    Public | KG - 6

  • 1

    Bryant Elementary School

    Public | KG - 6

  • 1

    Holmes Elementary School

    Public | KG - 6

Middle Schools 8
  • 6

    McKinley Jr High School

    Public | 6 - 8

  • 4

    Rosa L Parks Middle School

    Public | 6 - 8

  • 4

    Roosevelt Junior High School

    Public | 7 - 8

  • 3

    Coolidge Middle School

    Public | 6 - 8

  • 2

    Brooks Middle School

    Public | 7 - 8

  • 1

    Washington Junior High School

    Public | 7 - 8

  • 1

    Lincoln Junior High School

    Public | 7 - 8

  • 0

    Robert Frost Middle School

    Public | 7 - 8

High Schools 5
  • 6

    Carver Military Academy High School

    Public | 9 - 12

  • 1

    Thornton Township High School

    Public | 9 - 12

  • 1

    Thornwood High School

    Public | 9 - 12

  • 1

    Thornridge High School

    Public | 9 - 12

  • 0

    Academy for Learning

    Public | 9 - 12

School and business data provided by Attom Data.

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Shannon Dykowski

+1(815) 483-3817

shannon@shannondykowskirealtor.com

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615 Frances Street