REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$ 499,000
Est. payment /mo
Open 1/3 1PM-3PM
7018 S Dorchester AVE Chicago, IL 60637
9 Beds
3 Baths
Open House
Sat Jan 03, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12532415
Bedrooms 9
Year Built 2004
Annual Tax Amount $7,490
Tax Year 2023
Lot Dimensions 3,114
Property Sub-Type Two to Four Units
Property Description
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!
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas
Equipment Intercom, Ceiling Fan(s), Security Cameras
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
Elementary Schools Wadsworth Elementary School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sharice Carter of NextHome Select Realty

GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in McHenry, IL
- Homes For Sale in Crystal Lake, IL
- Homes For Sale in Libertyville, IL
- Homes For Sale in Antioch, IL
- Homes For Sale in Barrington, IL
- Homes For Sale in Grayslake, IL
- Homes For Sale in Mundelein, IL
- Homes For Sale in Vernon Hills, IL
- Homes For Sale in Spring Grove, IL
- Homes For Sale in Cary, IL
- Homes For Sale in Wauconda, IL
- Homes For Sale in Lake Zurich, IL
- Homes For Sale in Lake Villa, IL
- Homes For Sale in Hawthorn Woods, IL
- Homes For Sale in Round Lake Beach, IL
- Homes For Sale in Fox Lake, IL
- Homes For Sale in Round Lake, IL
- Homes For Sale in Wonder Lake, IL
- Homes For Sale in Kildeer, IL
- Homes For Sale in Lindenhurst, IL
- Homes For Sale in Johnsburg, IL
- Homes For Sale in Ingleside, IL
- Homes For Sale in Volo, IL
- Homes For Sale in Fox River Grove, IL
- Homes For Sale in Deer Park, IL
- Homes For Sale in Lakemoor, IL
- Homes For Sale in Prairie Grove, IL
- Homes For Sale in Hainesville, IL
- Homes For Sale in Third Lake, IL
- Homes For Sale in Oakwood Hills, IL
- Homes For Sale in Round Lake Heights, IL
- Homes For Sale in Burtons Bridge Beach, Crystal Lake, IL
- Homes For Sale in Burton Bridge, McHenry, IL





