7018 S Dorchester Avenue, Chicago, IL 60637
Local realty services provided by:ERA Partners
7018 S Dorchester Avenue,Chicago, IL 60637
$525,000
- 9 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: jean walker
Office: redfin corporation
MLS#:12694364
Source:MLSNI
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Price summary
- Price:$525,000
About this home
Take advantage of this outstanding opportunity to own a well-maintained 3-unit investment property in the heart of Chicago's thriving South Side. Ideally located near the Obama Presidential Center and surrounded by significant neighborhood revitalization, this property offers excellent income potential with room for growth. The building features three spacious units, each offering 3 bedrooms and 1 full bathroom, for a total of 9 bedrooms and 3 bathrooms. Thoughtful modern updates, including contemporary finishes and stainless steel appliances, enhance the appeal of the living spaces. Units 1 and 2 are currently tenant-occupied, providing immediate rental income, while Unit 3 is vacant, offering the flexibility to lease at current market rents or occupy the unit yourself. Additional amenities include rear exterior parking for added tenant convenience. Residents will appreciate the close proximity to Jackson Park, Lake Michigan, shopping, dining, schools, and everyday conveniences. Easy access to CTA bus routes, Metra, and major roadways makes commuting throughout the city simple and convenient. Whether you're expanding your investment portfolio or searching for a multi-unit property with immediate income and future upside, this is an opportunity you don't want to miss....
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Home facts
- Year built:2005
- Listing ID #:12694364
- Updated:September 06, 2026 at 07:07 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:20
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:2005
Schools
- High school:Hyde Park Career Academy Senior
- Middle school:Wadsworth Elementary School
- Elementary school:Wadsworth Elementary School
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$525,000
- Tax amount:$10,381 (2024)
Features and amenities
- Amenities:CO Detectors, Ceiling Fan(s), Intercom, Multiple Water Heaters, Security System, TV-Cable
Parking
- Total parking spaces:2
- Parking description:Unassigned
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