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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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