7018 S Dorchester AVE Chicago, IL 60637 Open 12/27 12PM-2PM

UPDATED: 12/18/2025 12:11 AM ON MARKET: 1 days on market

$499,000

9 Beds3 Baths

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 2008

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!