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$140,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • 2 Car Garage
  • Updated 10 hours ago
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This is the multi-unit you've been waiting for! Located at 14227 Lincoln Ave, this two-unit property offers incredible potential for the right buyer ready to bring their vision to life. Each unit features 2 bedrooms, providing a solid layout for future rental income or owner-occupancy. Situated on a large lot, the property includes a side drive leading to a two-car garage, adding convenience and value for future tenants or owners. Each unit has separate utilities, including gas, central air, and electricity-an ideal setup for maximizing cash flow. The home also features a full basement, offering additional storage or potential for future expansion. This property requires a complete rehab and is being sold AS-IS, making it perfect for savvy investors or homeowners looking to build equity through renovation. Don't miss your chance to turn this diamond in the rough into a strong income-producing asset or a customized multi-family home. This is a short sale

Full Property Details for 14227 Lincoln Ave

General

  • Price: $140,000
  • Taxes: $11,236 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12624339
  • Updated: 4/20/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Complex Features: Street Paved

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Other Features: School Bus Service

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: Dolton
  • County: Cook
  • Township: Thornton
  • Driving Directions: Take Sibley to Lincoln turn northwest. Stay on Lincoln until you reach the property

School Information

  • School District: 148
  • Elem School District: 148
  • Midd School District: 148
  • High School District: 148

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Roof: Asphalt
  • Year Built: 1911
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 9000

Financial Considerations

  • Assessment Year: 1911
  • Tax Amount: $11,236.4
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: Short Sale, Third Party Approval
  • Property ID: 29034020090000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 14227 Lincoln Ave —

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Schools serving 14227 Lincoln Ave

School Districts:Dolton School District 148, Thornton Township High School District 205
NameGradesDistance
Lincoln Elementary School, Dolton, IL
14151 Lincoln Avenue, Dolton, IL 60419
K-60.1 mi
Lincoln Junior High School, Dolton, IL
14151 Lincoln Avenue, Dolton, IL 60419
7-80.1 mi
Thornridge High School
15000 Cottage Grove Avenue, Dolton, IL 60419
9-121.1 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 14227 Lincoln Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/18/2026
Listed
$140,000
12%
MLS
11/03/2021
Sold
$125,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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14227 Lincoln Avenue, Dolton, IL 60419 (MLS# 12624339) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 14227 Lincoln Avenue is currently listed for $140,000 and was received on April 18, 2026. This property is listed by Kimberly Ingram from our Northwest Indiana Office.Want to learn more about 14227 Lincoln Avenue? Do you have questions about finding other Multi-Family real estate for sale in Dolton? You can browse all Dolton real estate or contact a Coldwell Banker agent to request more information.

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