7018 S Dorchester Ave

Chicago, IL 60637
  • $525,000

    Price
  • 9

    Bed
  • 3

    Bath
  • 0

    SqFt

Open House Times

  • Sat. Jul. 18 at 11:00am to 1:00pm

About the Listing 18705 - 878344

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.

Listing Highlights

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 12694364
Year Built 2005
Total Square Footage 0
Lot/Acreage 3,114
County Cook
School District 299
Elementary School Wadsworth Elementary School

Interior Details

  • Bedrooms: 9
  • Bathrooms: 3 Full
  • Appliances: TV-Cable,Security System,Intercom,CO Detectors,Ceiling Fan(s),Multiple Water Heaters
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Lot Dimensions: 3,114
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Unassigned,Yes,Owned

Financial Details

  • Tax Amount: $10,381
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20234210200000
  • Tax Year: 2024

Payment Calculator

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Questions About..

7018 S Dorchester Ave Chicago, IL 60637

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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