7948 S Dobson Avenue Chicago, IL $ 400,000
7948 S Dobson Avenue
$ 400,000
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7948 S Dobson Avenue

Chicago, IL, 60619
$ 400,000
Bedrooms1 Baths0.0

Monthly Estimate*

$ 2,495

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Multi-Family Home for sale in Chicago, IL

for $400,000 with 1 bedroom. This home was built in 1963.

Welcome to 7948 S Dobson, a charming California-style brick-constructed building in this well-maintained multi-family property. It features eight spacious one-bedroom apartments, each boasting the exact same efficient layout designed for comfortable living and easy tenant appeal, complete with reliable baseboard heating throughout and separately metered utilities for gas and electric to ensure convenience and cost control for the owner. Seller replaced all shingles on the roof just two years ago, providing peace of mind and long-term durability, while one of the eight units has been completely remodeled, offering the next owner a chance to capture premium rents. Additionally, two dedicated parking spaces are available in the rear of the building, adding valuable convenience in an urban setting. This property combines sturdy brick construction with thoughtful features in a desirable location-don't miss this opportunity to own a piece of classic California-inspired architecture! Call or text listing agent to schedule a showing

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Multi-Family Active

Price

$ 400,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 5,651

Style

Year Built

1963

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12441266

Features
General
Utilities Cable Available
Construction Materials Brick
Year Built 1963
Tenant Pays Air Conditioning Electricity Hot Water
Stories Count 2
Tax Year 2023
Gross Income 40500
County Cook
Net Operating Income 17604
Operating Expense 18096
Insurance Expense 4800
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions South from intersection of Cottage and 79th. Left on 80th. Left on Dobson. Property will be on the left
City Chicago
Number Of Units Total 8
MLS Area CHI - Chatham
Tax Annual Amount 5651.54
Electric Expense 360
Fuel Expense 6924
Trash Expense 1195
Water Sewer Expense 1800
Additional Parcels Y/N N
Standard Status Active
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Exterior
Water Source Municipal Water
Lot Dimensions 50x125
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* Excluded Features
List By
33 Realty

Broker

lmoore@33realty.com

Email

Affordability Calculator

$2,966
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$471
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2025$400,000 Listed Price

Map


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7948 S Dobson Avenue, Chicago, IL, 60619 is a Multi-Family Home for sale at $400,000. 7948 S Dobson Avenue has 1 bedrooms, 0.0 baths, and was built in 1963. The property's zip code is 60619 which is in Chicago, IL