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$80,000 Just Listed
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Property Description
Investor Opportunity in Dolton! Currently generating $800/month in rental income with potential to increase - previously at $1,200/month with two tenants. This single-family frame home sits on a 4,500 sq ft lot and features 882 sq ft of living space, 1 full bath, partial basement, and a 1.5-car garage. Classic one-story layout in a established neighborhood. Whether you're looking to add to your portfolio or restore to full rental capacity, this property offers immediate cash flow from day one. Being sold as-is. Schedule your showing today!
Full Property Details
Full Property Details for 221 E 138th St
General
- Price: $80,000
- Taxes: $3,946 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12578756
- Updated: 2/27/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Garage Spaces: 1.5
- Total Spaces: 1
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Dolton
- County: Cook
- Township: Thornton
- Driving Directions: Get on I-290 E in Forest Park from IL-171 S/N 1st Ave Continue on I-290 E. Take I-94Exp and I-94 E to E 130th St in Chicago. Take exit 68A from I-94 E/Bishop Ford Fwy Follow E 130th St and S Indiana Ave to E 138th St
School Information
- School District: 148
- Elem School District: 148
- Midd School District: 148
- High School District: 205
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Unfinished, Partial
- Square Feet: 882
- Sq. Ft. Source: Assessor
- Year Built: 1898
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.1033
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 37.5 x 120
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1898
- Tax Amount: $3,946
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 29031000060000
Listed by Gates and Gables Realty
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Schools
Schools serving 221 E 138th St
School Districts:Dolton School District 148, Thornton Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Dolton, IL 14151 Lincoln Avenue, Dolton, IL 60419 | K-6 | 0.7 mi |
Lincoln Junior High School, Dolton, IL 14151 Lincoln Avenue, Dolton, IL 60419 | 7-8 | 0.7 mi |
Thornridge High School 15000 Cottage Grove Avenue, Dolton, IL 60419 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 221 E 138th St
Date
Details
Price
Change
Source
2/26/2026
Listed
$80,000
900%
MLS
12/14/2015
Sold
$8,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 221 E 138th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,946
29%
$5,999
67%
2022
$3,052
1%
$3,598
—
2021
$3,016
6%
$3,598
—
2020
$2,850
-21%
$3,598
-13%
2019
$3,612
3%
$4,121
—
2018
$3,504
6%
$4,121
—
2017
$3,298
4%
$4,121
-5%
2016
$3,171
3%
$4,325
—
2015
$3,074
1%
$4,325
—
2014
$3,050
—
$4,325
-8%
2013
$3,062
4%
$4,722
—
2012
$2,955
—
$4,722
—
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 221 E 138th St
221 E 138th Street, Dolton, IL 60419 (MLS# 12578756) is a Single Family property with 2 bedrooms and 1 full bathroom. 221 E 138th Street is currently listed for $80,000 and was received on February 26, 2026. Want to learn more about 221 E 138th Street? Do you have questions about finding other Single Family real estate for sale in Dolton? You can browse all Dolton real estate or contact a Coldwell Banker agent to request more information.

