7018 S Dorchester AVE, Chicago, IL 60637
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7018 S Dorchester AVE, Chicago, IL 60637
7018 S Dorchester AVE, Chicago, IL 60637
7018 S Dorchester AVE, Chicago, IL 60637
7018 S Dorchester AVE, Chicago, IL 60637
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$ 525,000
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7018 S Dorchester AVE Chicago, IL 60637

9 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12694364

Bedrooms 9

Year Built 2005

Annual Tax Amount $10,380

Tax Year 2024

Lot Dimensions 3,114

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas

Equipment TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan(s), Multiple Water Heaters

Fireplace N

Exterior

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Wadsworth Elementary School

Middle Schools Wadsworth Elementary School

High Schools Hyde Park Career Academy Senior

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jean Walker of  Redfin Corporation 
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7018 S Dorchester AVE