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$499,900 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 3 hours ago
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Dolton Presents Turn Key Investment All Brick Building! The Building Features 6 Nice Size 2 Bedroom Units With Large Living Room With Private Balcony, Large Eat in Kitchen, Front and Back Entrances. The Building Has Income Potential For Coin Op Laundry. Each Unit Has Storage Units in The Basement! The Basement Has A Boiler, Hot Water Tank, Electrical Panel and Plenty Of Extra Storage. There Is Parking in The Front and The Rear Of The Property. Long Term Tenants Rents Can Be Higher! This Property Is Being Sold As Is! Long Term Month To Month Tenants! Rents Can Be Much Higher

Full Property Details for 15312 Martin Luther King Jr Dr

General

  • Price: $499,900
  • HOA FEE: $2,500
  • Taxes: $17,044 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12709843

Interior

  • Basement: Partially

Location

  • Area: Dolton
  • County: Cook
  • Township: Thornton
  • Driving Directions: 147TH STREET EAST OR WEST TO MARTIN LUTHER KIN JR DRIVE SOUTH TO ADDRESS

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Central Building Heat

Utilities

  • Trash: 962

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished
  • Stories/Levels: 3
  • Current Bldg. Use: Multi-Family
  • Year Built: 1971
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 6
  • Units w/Range/Oven: 6

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Dimensions: 61 x 125
  • Potential Use: Commercial, Multi-Family
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $2,500
  • Insurance Fee: $6,350
  • Operating Expenses: $25,000
  • Assessment Year: 1971
  • Tax Amount: $17,044
  • Tax Year: 2023
  • Tenant Pays: Electricity
  • Pays Electric: 850
  • Pays Trash: 962

Disclosures and Reports

  • Property ID: 29103110270000

Listed by Real People Realty

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— 15312 Martin Luther King Jr Dr —

  • Real People Realty

(708) 224-1148

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NMLS#: 1598647

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Schools serving 15312 Martin Luther King Jr Dr

School District:Chicago Public School District 299
NameGradesDistance
Pullman Elementary School, Chicago, IL
11311 South Forrestville Avenue, Chicago, IL 60628
K-80.3 mi
Corliss High School
821 East 103rd Street, Chicago, IL 60628
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 15312 Martin Luther King Jr Dr

Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,044
—
$32,500
—
2023
$17,044
-20%
$32,499
3%
2022
$21,252
—
$31,510
—
2021
$21,274
6%
$31,510
—
2020
$20,056
2%
$31,510
13%
2019
$19,721
1%
$27,939
—
2018
$19,444
6%
$27,939
—
2017
$18,355
22%
$27,939
14%
2016
$15,079
3%
$24,425
—
2015
$14,666
1%
$24,425
—
2014
$14,485
-6%
$24,425
-12%
2013
$15,489
3%
$27,625
—
2012
$15,025
—
$27,625
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Mark Wright

15312 Martin Luther King Jr Drive, Dolton, IL 60419 (MLS# 12709843) is a Commercial property. 15312 Martin Luther King Jr Drive is currently listed for $499,900 and was received on July 19, 2026. Want to learn more about 15312 Martin Luther King Jr Drive? Do you have questions about finding other Commercial real estate for sale in East Garfield Park? You can browse all East Garfield Park real estate or contact a Coldwell Banker agent to request more information.

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