7018 S Dorchester Avenue, Chicago, IL
  • $525,000

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.

  • Listing Courtesy of: Redfin Corporation

Details

Updated on July 16, 2026 at 4:51 am
  • Property ID MRD12694364
  • Price $525,000
  • Bedrooms 9
  • Year Built 2005
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 20234210200000
  • Water Source Lake Michigan
  • Sewer Public Sewer
  • MLS Status New
  • Cumulative Days On Market 1
  • Tax Annual Amount 10380.89
  • Heating Natural Gas
  • Parking Features Unassigned,Yes,Owned
  • Directions Lake Shore Dr to 67th St; west to Dorchester Ave; south to 7018.
  • Zoning MULTI
  • Address 7018 S Dorchester Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60637
  • Country United States

Overview

Property ID: MRD12694364
  • Multi Family
  • Property Type
  • 9
  • Bedrooms
  • 2005
  • Year Built

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