$499,000
7018 S Dorchester Avenue
Chicago, IL, 60637
Exceptional investment opportunity located near the Obama Presidential Library and major neighborhood redevelopment. This solid 3-unit building features three spacious 3-bedroom, 1-bath units, each offering generous bedroom layouts ideal for strong rental demand. Two units have been newly renovated and are rent-ready, allowing an investor to begin generating income immediately. The third unit is currently occupied, providing instant cash flow. The property includes external parking located in the rear, offering added convenience for tenants. It is close to Jackson Park, Lake Shore Drive, shopping, dining, and other local amenities, supporting consistent tenant demand and long-term neighborhood growth. Convenient access to CTA bus lines, Metra service, and major roadways enhances tenant appeal and strengthens rental stability. See this beauty at our next Open-House!
Property Details
Price:
$499,000
MLS #:
MRD12532415
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Neighborhood:
chisouthshore
Listed Date:
Dec 17, 2025
Year Built:
2008
Schools
School District:
299
Elementary School:
Wadsworth Elementary School
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
Unassigned, Yes, Owned
Parking Spots
2
Financial
Tax Year
2023
Taxes
$7,490
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Dec 18, 2025
1,351
Multi Family Listed
89
Avg DOM
$483,368
Avg List Price
Community
- Address7018 S Dorchester Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60637
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Property Summary
- 7018 S Dorchester Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60637. It is listed for $499,000 To schedule a showing of MLS#mrd12532415 at 7018 S Dorchester Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
7018 S Dorchester Avenue
Chicago, IL
