7018 S Dorchester Avenue, Chicago, IL 60637

Chicago
Local realty services provided by:ERA Partners
7018 S Dorchester Avenue,Chicago, IL 60637
$525,000
Virtual Tour
  • 9 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jean walker
Office: redfin corporation
MLS#:12694364
Source:MLSNI

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...

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Home facts

  • Year built:2005
  • Listing ID #:12694364
  • Updated:July 20, 2026 at 11:14 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
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior

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