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7018 S Dorchester Avenue , Chicago, IL 60637

$525,000
  • 7018 S Dorchester Avenue , Chicago, IL 60637 Main Photo

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New to the Market New
BEDS9 BATHS3 full MLS#12694364
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property 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.

7018 S Dorchester Avenue | MLS# 12694364

This multi-family property located at 7018 S Dorchester Avenue , Chicago, IL 60637 is currently listed for sale with an asking price of $525,000. S Dorchester Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Upcoming Open Houses

Open House Saturday July 18th, 11:00am - 1:00pm

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Natural Gas
Lot Size: 3,114
Taxes: $10,380
Year Built: 2005

Feature Descriptions

Exterior: Brick
Lot Dimensions: 3,114
Other Equipment: TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Parcel#: 20234210200000
Parking: Unassigned, Yes, Owned
Security: yes
Sewer: Public Sewer
Total Rooms: 20
Township: Hyde Park
Water: Lake Michigan

Local Schools

High School: Hyde Park Career Academy Senior
Middle School: Wadsworth Elementary School
Elementary School: Wadsworth Elementary School
School District: District 299

Listed By / Shown By

Listed By

Agency Name: Redfin Corporation
Agency Phone: 312-836-4263

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 3,402.84 per month $2,384.71 Principal & Interest $865.00 Property Tax $153.13 Homeowner's Insurance

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