7018 S Dorchester Avenue Chicago, IL $ 525,000
7018 S Dorchester Avenue
$ 525,000
Recently Listed
Open House 7/18 11am - 1pm
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7018 S Dorchester Avenue

Chicago, IL, 60637
$ 525,000
Bedrooms9 Baths3.0

Monthly Estimate*

$ 3,315

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Multi-Family Home for sale in Chicago, IL

for $525,000 with 9 bedrooms and 3 full baths. This home was built in 2005.

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.

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Open House

7/18/2026 11:00 AM - 1:00 PM
7018 S Dorchester Avenue Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 525,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 10,380

Style

Year Built

2005

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12694364

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 2005
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status New
Directions Lake Shore Dr to 67th St; west to Dorchester Ave; south to 7018.
High School Hyde Park Career Academy Senior
City Chicago
High School District 299
MLS Area CHI - South Shore
Elementary School Wadsworth Elementary School
Tax Annual Amount 10380.89
Middle/Junior High School Wadsworth Elementary School
Virtual Tour https://www.zillow.com/view-imx/1426179b-e439-4e64-a95e-cf036439ea33?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 9
Total Baths 3
Bedrooms Possible 9
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Unassigned Yes Owned
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 3 114
Waterfront Y/N N
Other Equipment TV-Cable Security System Intercom CO Detectors Ceiling Fan(s) Multiple Water Heaters
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* Excluded Features
List By
Redfin Corporation

Broker

jean.walker@redfin.com;jean.walker@redfin.com

Email

Affordability Calculator

$4,180
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,315
Monthly Property Taxes
$865
Monthly 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
4155382 Elementary School
4155382 Middle School
Hyde Park Career Academy Senior High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$525,000 Listed Price

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7018 S Dorchester Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $525,000. 7018 S Dorchester Avenue has 9 bedrooms, 3.0 baths, and was built in 2005. The property's zip code is 60637 which is in Chicago, IL