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8-Unit Apartment Building
For Sale
Contact for pricing
Pending

7945 S Dobson Ave, Chicago, IL 60619

The property offers a balanced mix of one- and two-bedroom apartments in Chicago’s Chatham neighborhood.

Property Size6,800 SF
Days on Market374

Property Features for 7945 S Dobson Ave

General Information

Standard status Pending
Size 6,800 SF
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence requires plenty of TLC

Units

Unit Mix 4 x 1Bd/1Ba, 4 x 2Bd/2Ba
Multifamily Units 8

Additional Details

Public Transit Yes

Building Details

Year Built 1962
Buildings 1
Units 8
Listing Agency: Kiser Group
Listed By: John George · License #IL
Source: Crexi
Added: Aug 22, 2025 Changed: Aug 29 Last Checked: Aug 29 at 4:09PM

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 Kiser Group

Investment Insights

Based on property information with market context.

This 8-unit apartment building contains 6,800 square feet and was built in 1962. The unit mix includes four 1Bd/1Ba apartments and four 2Bd/2Ba apartments, providing two distinct residential configurations within the property. The building requires substantial renovation, including work to the apartments and common areas.

Located at 7945 S Dobson Ave in Chicago’s Chatham neighborhood, the property is within walking distance of Grand Crossing Park and the 79th St. Metra Station. Downtown Chicago is approximately a 20-minute drive away. The existing layout offers a defined starting point for an ownership plan centered on updating the residential units and shared spaces.

Key Highlights

  • 8‑unit apartment building with 6,800 SF
  • Unit mix includes four 1Bd/1Ba and four 2Bd/2Ba units
  • Built in 1962

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Gym & Fitness Center Law Firm Kitchen & Bath Showroom Skin Care Clinic (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,221
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
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?
Apartment building - The property offers a balanced mix of one- and two-bedroom apartments in Chicago’s Chatham neighborhood.
Where is this apartment building located?
The property is located at 7945 S Dobson Ave Chicago, IL.
What are key features of this property?
This property features: 8‑unit apartment building with 6,800 SF; Unit mix includes four 1Bd/1Ba and four 2Bd/2Ba units; Built in 1962
(773) 293-5032 Call to check price and availability
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