Remodeled Duplex with Side
14117 Lincoln Avenue Dolton, IL 60419
14117 Lincoln Avenue, Dolton, IL, 60419
$225,000
For Sale
$225,000
Two separate homes on one half lot include a side drive to a two-car garage and refinished hardwood floors in front unit.
Property Size1,400 SF
Price / SF$160.71
Days on Market63
Property Features for 14117 Lincoln Avenue
General Information
- Standard status
- Active
- Size
- 1,400 SF
- Property subtype
- Two to Four Units / 2 Flat
Building Details
- Year Built
- 1905
Listing agency
eXp Realty
(312) 785-1757
Listed by
Oscar Estrada · License #475195906
(312) 785-1757
Source
Compass
Added: May 22 Updated: Jul 22 at 4:27PM Checked: Jul 22 at 4:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This recently remodeled duplex sits on a single half lot and features two separate homes. The front home includes refinished hardwood floors, a formal dining room, privacy shutters, and windows, and it has a full basement. The rear home also has a full basement, and the property includes a side drive that leads to a two-car garage.
An additional structure is on site and is partially built, offering space that may support various uses. The front house is currently rented. The property includes extensive improvements and is described as easy to show.
An additional structure is on site and is partially built, offering space that may support various uses. The front house is currently rented. The property includes extensive improvements and is described as easy to show.
Key Highlights
- Year built 1905 with a recently remodeled setup featuring two separate homes on one 1/2 lot
- Front home has refinished hardwood floors, formal dining room, and privacy shutters and windows
- Front unit is currently rented
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.1k | $20.04 |
| − Vacancy | −$2.1k | −$1.50 |
| EGI | $26.0k | $18.54 |
| − OpEx | −$7.8k | −$5.56 |
| NOI | $18.2k | $12.98 |
1,400 SF · lease $20.04/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$259.5K
$227.1K – $302.8K
NOI $18,166 @ 7.0% cap · market cap 8.07%
Second Best
Apartment 5plus
$232.0K
$203.0K – $270.7K
NOI $16,241 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$483.4K
$422.9K – $563.9K
NOI $33,835 @ 7.0% cap · market cap 15.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate homes on one half lot include a side drive to a two-car garage and refinished hardwood floors in front unit.
Where is this duplex located?
The property is located at 14117 Lincoln Avenue Dolton, IL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Year built 1905 with a recently remodeled setup featuring two separate homes on one 1/2 lot; Front home has refinished hardwood floors, formal dining room, and privacy shutters and windows; Front unit is currently rented
