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 21
    01:00 pm - 03:00 pm
  • Sat, Dec 27
    12:00 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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