Listing by: Jean Walker, Redfin Corporation, 312-836-4263























9 Beds
3 Baths
n/aSqFt
New
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.
Property Details | ||
|---|---|---|
| Price | $525,000 | |
| Bedrooms | 9 | |
| Total Baths | 3 | |
| Lot Size | 3,114 | |
| Property Type | MultiFamily | |
| Sub type | Duplex | |
| MLS® Sub type | Two to Four Units | |
| Year Built | 2005 | |
| Heating | Natural Gas | |
| Parking Description | Unassigned, Yes, Owned | |
| Parking Spaces | 2 | |
Geographic Data | ||
| Directions | Lake Shore Dr to 67th St; west to Dorchester Ave; south to 7018. | |
| County | Cook | |
| Market Area | CHI - South Shore | |
Address Information | ||
| Address | 7018 S Dorchester Avenue, Chicago, IL 60637 | |
| Postal Code | 60637 | |
| City | Chicago | |
| State | IL | |
| Country | United States | |
Listing Information | ||
| Listing Office | Redfin Corporation | |
| Listing Office Phone | 312-836-4263 | |
| Listing Agent | Jean Walker | |
| Listing Agent Phone | 312-836-4263 | |
| Address On Vow Display | Yes | |
| Avm On Idx Display | No | |
| Idx Comments Reviews | No | |
| Listing On Idx Display | Yes | |
| Market Time On Idx Display | Yes | |
| Price History On Idx Display | Yes | |
| Remarks Internet | Yes | |
| Remarks On Vow Display | Yes | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Ownership | Fee Simple | |
| Virtual Tour URL | https://www.zillow.com/view-imx/1426179b-e439-4e64-a95e-cf036439ea33?wl=true&setAttribution=mls&initialViewType=pano | |
School Information | ||
| District | 299 | |
| Elementary School | Wadsworth Elementary School | |
| Middle School | Wadsworth Elementary School | |
| High School | Hyde Park Career Academy Senior | |
MLS® Information | ||
| Days on market | 2 | |
| MLS® Status | New | |
| Listing Date | Jul 15, 2026 | |
| Listing Last Modified | Jul 16, 2026 | |
| Tax ID | 20234210200000 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 10380 | |
| MLS® Area | CHI - South Shore | |
| MLS® # | MRD12694364 | |
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This information is believed to be accurate, but without any warranty.