15312 MARTIN LUTHER KING JR Drive Dolton, IL ^$ 499,900

15312 MARTIN LUTHER KING JR Drive

^$ 499,900

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15312 MARTIN LUTHER KING JR Drive

Dolton, IL, 60419

^$ 499,900

Bedrooms2 Baths0.0

Monthly Estimate*

^$ 3,156

15312 MARTIN LUTHER KING JR Drive, Dolton, IL 60419 - Image 1

15312 MARTIN LUTHER KING JR Drive, Dolton, IL 60419 - Image 2

15312 MARTIN LUTHER KING JR Drive, Dolton, IL 60419 - Image 3

15312 MARTIN LUTHER KING JR Drive, Dolton, IL 60419 - Image 4

Multi-Family Home for sale in Dolton, IL

for $499,900 with 2 bedrooms. This home was built in 1971 on a lot size of 0.16.

DOLTON PRESENTS TURN KEY INVESTMENT ALL BRICK BUILDING! THE BUILDING FEATURES 6 NICE SIZE 2 BEDROOM UNITS WITH LARGE LIVING ROOM WITH PRIVATE BALCONY, LARGE EAT IN KITCHEN, FRONT AND BACK ENTRANCES. THE BUILDING HAS INCOME POTENTIAL FOR COIN OP LAUNDRY. EACH UNIT HAS STORAGE UNITS IN THE BASEMENT! THE BASEMENT HAS A BOILER, HOT WATER TANK, ELECTRICAL PANEL AND PLENTY OF EXTRA STORAGE. THERE IS PARKING IN THE FRONT AND THE REAR OF THE PROPERTY. LONG TERM TENANTS RENTS CAN BE HIGHER! THIS PROPERTY IS BEING SOLD AS IS! LONG TERM MONTH TO MONTH TENANTS! RENTS CAN BE MUCH HIGHER

Multi-Family Active

Price

^$ 499,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 17,044

Style

Multi-Family

Lot Size

0.16

Year Built

1971

Town/City

Dolton

County/Region

Cook

MLS | Web ID

12709843

Features

General

Cooling Window Unit(s)

Possession Closing

Zoning MULTI

Construction Materials Brick

Year Built 1971

Electric Circuit Breakers

Tenant Pays Electricity

Stories Count 3

Township Thornton

Tax Year 2023

Current Use Multi-Family

Gross Income 108000

County Cook

Net Operating Income 47000

Operating Expense 25000

Insurance Expense 6350

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 2500

Possible Use Commercial Multi-Family

Status New

Directions 147TH STREET EAST OR WEST TO MARTIN LUTHER KIN JR DRIVE SOUTH TO ADDRESS

City Dolton

Number Of Units Total 6

MLS Area Dolton

Tax Annual Amount 17044

Electric Expense 850

Fuel Expense 2900

Trash Expense 962

Water Sewer Expense 1200

Additional Parcels Y/N N

Standard Status Active

Interior

Basement Partially Finished

Exterior

Lot Dimensions 61X125

Lot Size Acres 0.16

* Excluded Features

List By

Real People Realty

Broker

jamgt88@sbcglobal.net

Affordability Calculator

$4,577

Per Month

Monthly Principal & Interest: $3,156
Monthly Property Taxes: $1,420
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Dolton, IL

Average List Price ^$267,468

Percent of Sale Price 46%

About Dolton, IL

22,134 Population

-13% Since 2002

^$44,612 Median Income

36.04 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/20/2026	$499,900		Listed Price

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15312 MARTIN LUTHER KING JR Drive, Dolton, IL, 60419 is a Multi-Family Home for sale at $499,900 with a lot size of 0.16. 15312 MARTIN LUTHER KING JR Drive has 2 bedrooms, 0.0 baths, and was built in 1971. The property's zip code is 60419 which is in Dolton, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 7/23/2026.

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15312 MARTIN LUTHER KING JR Drive

Multi-Family Home for sale in Dolton, IL

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