7018 S Dorchester Avenue, Chicago, IL 60637
Local realty services provided by:Better Homes and Gardens Real Estate Connections
7018 S Dorchester Avenue,Chicago, IL 60637
$499,000
- 9 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sun, Dec 2101:00 pm - 03:00 pm
- Sat, Dec 2712:00 pm - 02:00 pm
Listed by: sharice carter
Office: nexthome select realty
MLS#:12532415
Source:MLSNI
Price summary
- Price:$499,000
About this home
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!
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Home facts
- Year built:2008
- Listing ID #:12532415
- Added:1 day(s) ago
- Updated:December 17, 2025 at 12:41 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:2008
Schools
- Elementary school:Wadsworth Elementary School
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,000
- Tax amount:$7,490 (2023)
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