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Fully Occupied Quadplex
New
For Sale
$325,000

15018 Dorchester Ave, Dolton, IL 60419

Fully occupied multifamily property with parking and an established tenant base.

Property SizeContact for details
Days on Market1

Property Features for 15018 Dorchester Ave

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 3 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 4

Additional Details

Public Transit Yes

Amenities

parking

Building Details

Year Built 1963
Listing Agency: Century 21 Circle
Listed By: Teresa Ryan
Source: Ryanhillgroup
Added: Sep 7 Last Checked: Sep 7 at 5:54AM

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 Century 21 Circle

Investment Insights

Based on property information with market context.

This quadplex contains four residential units: three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. All units are currently occupied, providing an established operating profile with multiple residential income streams. On-site parking is included, and the property was built in 1963.

Located at 15018 Dorchester Ave in Dolton, Illinois, the property is described as being near shopping, dining, public transportation, major roadways, and neighborhood amenities. The unit mix and existing occupancy provide a straightforward configuration for an owner seeking a multifamily asset with tenants already in place.

Key Highlights

  • Four‑unit quadplex with all units currently occupied
  • Unit mix includes three 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • Parking included for residents

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Gym & Fitness Center Bakery

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

466
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

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 - Fully occupied multifamily property with parking and an established tenant base.
Where is this quadplex located?
The property is located at 15018 Dorchester Ave Dolton, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four‑unit quadplex with all units currently occupied; Unit mix includes three 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; Parking included for residents
More about this property
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