Three-Unit Residential Income
7018 South Dorchester Avenue Chicago, IL 60637
For Sale
$525,000
Well-maintained three-unit building with two tenant-occupied units and one vacant unit, plus rear exterior parking.
Days on Market17
Property Features for 7018 South Dorchester Avenue
General Information
- Standard status
- Active
- Property subtype
- Two to Four Units / 3 Flat
Building Details
- Year Built
- 2005
Listing Agency:
Redfin Corporation
(773) 895-1970
Listed By:
Jean Walker · License #475164831
(773) 895-1970
Source:
Compass
Added: Jul 7
Changed: Jul 21
Last Checked: Jul 23 at 9:52AM
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 Redfin Corporation
Investment Insights
Based on property information with market context.
This well-maintained three-unit residential property offers three spacious units with 3 bedrooms and 1 full bathroom each, for a total of 9 bedrooms and 3 bathrooms. Updates include contemporary finishes and stainless steel appliances. Units 1 and 2 are currently tenant-occupied for immediate rental continuity, while Unit 3 is vacant and available to lease or occupy.
The building includes rear exterior parking. The property is near the Obama Presidential Center and close to Jackson Park and Lake Michigan, with access to shopping, dining, schools, and everyday conveniences. Commuting is supported by nearby CTA bus routes, Metra, and major roadways.
Configured as a straightforward 3-unit income property, this asset provides current occupancy across two units with the flexibility of a vacant third unit.
The building includes rear exterior parking. The property is near the Obama Presidential Center and close to Jackson Park and Lake Michigan, with access to shopping, dining, schools, and everyday conveniences. Commuting is supported by nearby CTA bus routes, Metra, and major roadways.
Configured as a straightforward 3-unit income property, this asset provides current occupancy across two units with the flexibility of a vacant third unit.
Key Highlights
- 3‑unit investment property built in 2005 with three spacious units
- Each unit offers 3 bedrooms and 1 full bathroom (9 bedrooms total, 3 bathrooms total)
- Units 1 and 2 are currently tenant‑occupied for immediate rental income; Unit 3 is vacant
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Well-maintained three-unit building with two tenant-occupied units and one vacant unit, plus rear exterior parking.
Where is this triplex located?
The property is located at 7018 South 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: 3‑unit investment property built in 2005 with three spacious units; Each unit offers 3 bedrooms and 1 full bathroom (9 bedrooms total, 3 bathrooms total); Units 1 and 2 are currently tenant‑occupied for immediate rental income; Unit 3 is vacant
