Date
Details
Price
Change
Source
7/15/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/23
$525,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/23
Property Description
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.
Full Property Details
Full Property Details for 7018 S Dorchester Ave
General
- Price: $525,000
- Taxes: $10,380 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12694364
- Updated: 7/21/2026
- Added to Site: 6 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 9
Additional Information
- Equipment: Cable TV, Security System, Intercom, Carbon Monoxide Detectors, Ceiling Fan(s), Multiple Water Heaters
Parking
- Total Spaces: 2
- Parking Features: Unassigned, Yes, Owned
Location
- Area: CHI - South Shore
- County: Cook
- Township: Hyde Park
- Driving Directions: Lake Shore Dr to 67th St; west to Dorchester Ave; south to 7018.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Wadsworth Elementary School
- Middle School: Wadsworth Elementary School
- High School: Hyde Park Career Academy Senior
- Private School: Hyde Park Career Academy Senior
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Year Built: 2005
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3114
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 2005
- Tax Amount: $10,380.89
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20234210200000
Listed by Redfin Corporation
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 7018 S Dorchester Ave —
Redfin Corporation
(312) 836-4263
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 7018 S Dorchester Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Wadsworth PreK-8th STEM School 6650 South Ellis Avenue, Chicago, IL 60637 | PK-8 | 0.7 mi |
Hyde Park Academy High School 6220 South Stony Island Avenue, Chicago, IL 60637 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7018 S Dorchester Ave
Tax History
Tax History for 7018 S Dorchester Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,490
—
$39,908
45%
2023
$7,490
5%
$27,607
—
2022
$7,161
2%
$27,607
—
2021
$6,992
87%
$27,607
103%
2020
$3,748
-2%
$13,617
-11%
2019
$3,828
-36%
$15,300
-38%
2018
$6,013
-12%
$24,597
-5%
2017
$6,815
8%
$25,830
—
2016
$6,320
10%
$25,830
—
2015
$5,748
9%
$25,830
10%
2014
$5,259
1%
$23,500
—
2013
$5,200
—
$23,500
—
2012
$5,178
—
$23,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7018 S Dorchester Ave
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 17 hours ago
- 3Beds
- 2Total Baths
- 1,417Sq. Ft.
![[Address not provided], Cicero, IL 60804 - Photo 1](https://m.cbhomes.com/p/155/12707004/AA6d3cd73d1C439/s23cc.webp)
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 1,000Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,143Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
7018 S Dorchester Avenue, Chicago, IL 60637 (MLS# 12694364) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 7018 S Dorchester Avenue is currently listed for $525,000 and was received on July 15, 2026. Want to learn more about 7018 S Dorchester Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.