7018 S Dorchester Avenue
Chicago, IL 60637
9
Bed
3
Bath
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 ameniti
Property Details
Map
Map
Features
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Bedroom Information
Total Bedroom: 9Bathroom Information
Total Baths: 3Room Information
Rooms Total: 20 -
Flooring Information
Construction Materials: Brick -
Heating & Cooling
Heating: Natural Gas WaterSource: Lake Michigan
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Building Information
Year Built: 2005
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Lot Information
Lot Dimensions: 3,114 Lot Size: Less Than .25 AcreProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$525000
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Tax Information
Annual Tax: $10380.89 Tax Year: 2024 Parcel Number: 20234210200000 Tax Exemption: None
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Virtual Tour
Parking Information
Total Parking: 2 Unassigned, Yes, Owned Is Parking Included in Price: Yes
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School Information
Elementary School: Wadsworth Elementary School Junior High School: Wadsworth Elementary School Senior High School: Hyde Park Career Academy Senior -
Utility Information
Sewer: Public Sewer Water Source: Lake Michigan -
Location Information
City: Chicago Direction: Lake Shore Dr to 67th St; west to Dorchester Ave; south to 7018.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1108 E Marquette Road #.., Chicago, IL, 60637 | $300,000 | 3 | 3 | 2,000 | 2,000 SqFt |
| 5525 S Cornell Avenue #4, Chicago, IL, 60637 | $435,000 | 3 | 2 | 1,853 | 1,853 SqFt |
| 6500 S Dorchester Avenue, Chicago, IL, 60637 | $665,000 | 9 | 6 | -- | |
| 6620 S Drexel Avenue, Chicago, IL, 60637 | $359,900 | 8 | 2 | -- | |
| 6208 S Evans Avenue #3, Chicago, IL, 60637 | $185,000 | 2 | 2 | 1,300 | 1,300 SqFt |
| 6435 S Kenwood Avenue #3S, Chicago, IL, 60637 | $299,999 | 3 | 2 | 1,250 | 1,250 SqFt |
| 6912 S Woodlawn Avenue, Chicago, IL, 60637 | $74,900 | 3 | 2 | 1,338 | 1,338 SqFt |
| 6800 S Dante Avenue #3, Chicago, IL, 60637 | $240,000 | 3 | 2 | 2,000 | 2,000 SqFt |
| 5744 S Kenwood Avenue #1, Chicago, IL, 60637 | $399,000 | 3 | 1 | 1,535 | 1,535 SqFt |
| 5530 S South Shore Driv.., Chicago, IL, 60637 | $119,000 | 2 | 1 | 1,100 | 1,100 SqFt |
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ByOwner last updated this listing 07/22/2026 @ 18:20
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