14625 Martin Luther King jr Dr Dolton, IL 60419
Estimated payment $1,464/month
Total Views
1,530
4
Beds
2
Baths
1,728
Sq Ft
$91
Price per Sq Ft
Highlights
- Heated Sun or Florida Room
- Living Room
- Forced Air Heating and Cooling System
- Porch
- Laundry Room
- Dining Room
About This Home
Prime Investment Opportunity in Dolton, IL - 4-Bedroom, 2-Bathroom Home with Cash Flow Potential This spacious 4-bedroom, 2-bathroom home located at 14625 Martin Luther King Jr Dr in Dolton, IL offers an excellent investment opportunity for both seasoned investors and first-time buyers. With 1,728 sq ft of living space, this property is perfect for investors seeking immediate cash flow. It is currently leased to a Section 8 tenant, providing steady rental income, with the tenant set to vacate at the end of August, allowing for a new tenant or the opportunity for a new owner to occupy the home. The property sits on a double lot, providing ample space for potential future expansion or development. The home also boasts low taxes, making it an affordable option. With a recent price drop, this property is a fantastic value for those looking for a combination of immediate rental income and long-term growth potential in a growing neighborhood. It is being sold As-Is, offering a solid foundation for buyers to make their mark. Located conveniently near schools, parks, and public transportation, this home is ideal for investors seeking reliable income and future appreciation, as well as first-time buyers looking for a spacious home in a desirable area. The seller is highly motivated and open to all reasonable offers. Schedule a showing today to explore the potential of this great investment property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,235
Year Built
- Built in 1898 | Remodeled in 2013
Lot Details
- 7,562 Sq Ft Lot
- Lot Dimensions are 60x125
Home Design
- Brick Foundation
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,728 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Heated Sun or Florida Room
- Laminate Flooring
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Parking
- 2 Parking Spaces
- Driveway
- Off Alley Parking
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,235 | $11,000 | $3,213 | $7,787 |
| 2023 | $7,277 | $11,000 | $3,213 | $7,787 |
| 2022 | $7,277 | $8,580 | $2,835 | $5,745 |
| 2021 | $7,191 | $8,579 | $2,835 | $5,744 |
| 2020 | $6,796 | $8,579 | $2,835 | $5,744 |
| 2019 | $8,210 | $9,367 | $2,646 | $6,721 |
| 2018 | $7,964 | $9,367 | $2,646 | $6,721 |
| 2017 | $7,496 | $9,367 | $2,646 | $6,721 |
| 2016 | $6,261 | $8,539 | $2,457 | $6,082 |
| 2015 | $6,069 | $8,539 | $2,457 | $6,082 |
| 2014 | $6,022 | $8,539 | $2,457 | $6,082 |
| 2013 | $6,700 | $10,333 | $2,457 | $7,876 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $158,000 | +26.4% | $91 / Sq Ft |
| 07/26/2023 07/26/23 | Sold | $125,000 | +5.0% | $72 / Sq Ft |
| 06/14/2023 06/14/23 | Pending | -- | -- | -- |
| 05/28/2023 05/28/23 | Price Changed | $119,000 | -4.8% | $69 / Sq Ft |
| 05/18/2023 05/18/23 | For Sale | $125,000 | -- | $72 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $125,000 | Chicago Title | |
| Warranty Deed | $22,000 | Chicago Title Insurance Comp | |
| Legal Action Court Order | -- | None Available | |
| Corporate Deed | $170,000 | Multiple | |
| Warranty Deed | $30,000 | Multiple | |
| Deed | $76,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $112,500 | New Conventional | |
| Previous Owner | $164,900 | Unknown | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $19,000 | Stand Alone Second | |
| Previous Owner | $75,818 | FHA |
Source: Public Records
Similar Homes in Dolton, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12443548
APN: 29-10-200-007-0000
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