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Brick Triplex with Rear Parking
For Sale
Under Contract
$525,000

7018 S Dorchester Avenue, Chicago, IL 60637

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market39

Property Features for 7018 S Dorchester Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 7, Bedroom 9, Bathroom 1, Bedroom 5, Bedroom 8, Bedroom 1, Bathroom 2
Parking 2
Parking features Assigned, Owned
Elementary school Wadsworth Elementary School
Middle school Wadsworth Elementary School
High school Hyde Park Career Academy Senior
Elementary school district 299
Middle school district 299
High school district 299
Directions Lake Shore Dr to 67th St; west to Dorchester Ave; south to 7018.
Subdivision CHI - South Shore
Standard status Active Under Contract
APN 20234210200000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10381

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Amenities

rear exterior parking

Building Details

Year built 2005
Building materials Brick
Listing Agency: Redfin Corporation
Listed By: Jean Walker · License #475164831
Added: Jul 15 Changed: Aug 20 Last Checked: Aug 22 at 6:06AM
MLS# 12694364

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 well-maintained brick triplex offers three spacious units, with each unit featuring three bedrooms and one full bathroom. The building totals nine bedrooms and three bathrooms. Units 1 and 2 are currently tenant-occupied, while Unit 3 is vacant and provides flexibility to lease or occupy.

The property was built in 2005 and is heated with natural gas. Sewer service is public sewer, and parking is provided via owned, assigned spaces with rear exterior parking for tenant convenience. The setting places it near the Obama Presidential Center and within close reach of Jackson Park and Lake Michigan, with shopping, dining, schools, and everyday conveniences nearby.

Commuting is supported by easy access to CTA bus routes, Metra, and major roadways throughout the city.

Key Highlights

  • Three‑unit brick triplex with nine total bedrooms and three full bathrooms
  • Units 1 and 2 tenant‑occupied; Unit 3 vacant and ready to lease or occupy
  • Rear exterior parking with owned, assigned spaces

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

697
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value

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?
Triplex - Well-maintained brick triplex with three units, natural gas heat, and rear exterior assigned parking.
Where is this triplex located?
The property is located at 7018 S Dorchester Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Three‑unit brick triplex with nine total bedrooms and three full bathrooms; Units 1 and 2 tenant‑occupied; Unit 3 vacant and ready to lease or occupy; Rear exterior parking with owned, assigned spaces
More about this property
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