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7948 S Dobson Avenue
$330,000
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7948 S Dobson Avenue

Chicago, Illinois 60619
Closed / MLS #10603816 / Multiple Family / Chatham
Listing information updated 8/4/2023 at 2:03pm
7948 S. Dobson is an 8 unit Multifamily located in the desirable Chatham neighborhood. This asset consists (8) 1 Bed 1 Bath units and it gives an opportunity for a qualified investor to purchase a well located property that cash flows. The building is well occupied with various voucher holding tenants for guaranteed income and an investor will benefit from an in-place CAP Rate of 9.7% with a 20.52% CoC return. The subject property is located approximately nine miles directly south of the Loop with convenient access to Interstate 90 and 94. CTA bus stops are conveniently located on 79th Street, which is walking distance from the property. **NOTE** 7352 S. Langley can be purchased as a package deal. Offering Memorandums are available upon request.

Full Features

Exterior Type:
Brick
Water Front:
No
Square Feet:
N/A
Built:
1963
Stories:
2
Roof:
Composition
Current Use:
Multi-Family
Zoning:
MULTI
Current Net Income:
$37,787
Unit 1:
4 room(s) / 1 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$8,281
Tax Year:
2018

Location

Zip Code:
60619
City:
Chicago
County:
Cook

Listing Office: Kiser Group Realty Inc

Listing Office Phone: 773.293.5000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/4/2023 at 2:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Chatham, IL

A well-established neighborhood that has evolved over the years, Chatham is home to many residents that have lived in the community for much of their lives. Avalon Highlands, Chesterfield, and Chatham Fields are three of the sub-areas that comprise this tight-knit community. Listed on the National R...

Metra

Metra
Metra Electric Main Branch line at Chatham Metra
$196,908
Average Sale Price
118
Average Days On The Market
93%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 7948 S Dobson Avenue, Chicago, IL 60619

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7948 S Dobson Avenue is a multiple family which sold for $330,000. This multiple family has been listed on @properties since January 7th, 2020 and was built in 1963. The nearest transit stops include Chatham Metra Metra Metra Electric Main Branch line.

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