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Brick 4-Unit Multifamily Property
For Sale
Under Contract
$258,000

15016 Dorchester Avenue, Dolton, IL 60419

Residential Income, Dolton, IL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market51

Property Features for 15016 Dorchester Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 1, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 1
Elementary school district 149
Middle school district 149
High school district 205
Directions Take Sibley Blvd/ Route 83 East to Dorchester Ave; Go South to property
Subdivision Dolton
Special listing conditions In Foreclosure
Standard status Active Under Contract
APN 29114250040000
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 9977

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1963
Building materials Brick
Listing Agency: eXp Realty
Listed By: Joseph Lee · License #475146415
Added: Jul 29 Changed: Sep 13 Last Checked: Sep 17 at 11:06AM
MLS# 12719405

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit multifamily property is situated on a 0.13-acre lot in Dolton, Illinois. The 1963 building has brick construction and a residential configuration that includes multiple bedrooms and bathrooms. Heating is provided by a forced-air natural-gas system.

The property is served by public water and public sewer. Its setting provides proximity to transportation, schools, and shopping centers. The sale is offered as-is, with no survey, termite inspection, or disclosure provided. The buyer is responsible for inspections, compliance items, and escrows as needed. The property is zoned MULTI.

Key Highlights

  • Four‑unit multifamily property on a 0.13‑acre lot
  • Brick construction; built in 1963
  • MULTI zoning

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

484
Businesses Nearby

Demographics for 60419, IL

21,409
Population
9,006
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
93%
High-School Grad
4.2 sq mi
ZIP Area
5,097
Density / Sq Mi
$58,706
Median Household Income
$38,841
Median Earnings
$1,399
Median Rent
$140,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Public water and sewer serve the building, which uses forced-air natural-gas heat.
Where is this quadplex located?
The property is located at 15016 Dorchester Avenue Dolton, IL.
What is the asking price?
The asking price for this property is $258,000.
What are key features of this property?
This property features: Four‑unit multifamily property on a 0.13‑acre lot; Brick construction; built in 1963; MULTI zoning
More about this property
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