Six-Unit Brick Apartment
For Sale
$499,900
15312 MARTIN LUTHER KING JR Drive, Dolton, IL 60419
Commercial Sale, Dolton, IL
Property SizeContact for details
Lot Size0.16 Acres
Days on Market70
Property Features for 15312 MARTIN LUTHER KING JR Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
12
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 5, Bathroom 1, Bedroom 9, Bathroom 2, Bathroom 3, Bedroom 10, Bedroom 1, Bedroom 2, Bedroom 7, Bathroom 5, Bathroom 4, Bedroom 3, Basement, Bedroom 4, Bedroom 8, Bathroom 6, Bedroom 6, Bedroom 11, Bedroom 12
Basement
Partially Finished
Directions
147TH STREET EAST OR WEST TO MARTIN LUTHER KIN JR DRIVE SOUTH TO ADDRESS
Subdivision
Dolton
Standard status
Active
APN
29103110270000
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
17044
Utilities
Cooling system
Window Unit(s)
Amenities
private balcony
storage units
Building Details
Year built
1971
Floors in Building
3
Number of units
6
Building materials
Brick
Listing Agency:
Real People Realty
(815) 469-7449
Listed By:
Adrianne Hill-Smith · License #475141536
(708) 634-0104
Added: Jul 19
Changed: Sep 24
Last Checked: Sep 26 at 12:06PM
MLS# 12709843
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.
Built in 1971, this brick apartment property contains six two-bedroom units, each arranged with a living room, eat-in kitchen, private balcony, and front and rear entrances. The building is served by window-unit cooling and includes a basement with individual storage areas, a boiler, hot water tank, electrical panel, and additional storage space.
The 0.16-acre property provides parking in front of and behind the building. It is zoned MULTI and is located at 15312 Martin Luther King Jr Drive in Dolton, Illinois. Existing occupancy consists of long-term month-to-month tenants. The property is offered as-is.
The 0.16-acre property provides parking in front of and behind the building. It is zoned MULTI and is located at 15312 Martin Luther King Jr Drive in Dolton, Illinois. Existing occupancy consists of long-term month-to-month tenants. The property is offered as-is.
Key Highlights
- Six two‑bedroom apartment units
- Brick construction completed in 1971
- Private balcony included with each unit
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six two-bedroom residences include private balconies, basement storage, and parking at both the front and rear.
Where is this apartment building located?
The property is located at 15312 MARTIN LUTHER KING JR Drive Dolton, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Six two‑bedroom apartment units; Brick construction completed in 1971; Private balcony included with each unit
