$975,000
$75K PRICE DROP

4836 S Dorchester Ave Chicago, IL 60615

Kenwood Neighborhood

Estimated payment $6,239/month

Total Views 8,342
6 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Gated Community
  • Georgian Architecture
  • Ceiling Fan
  • Kenwood Academy High School Rated A-
  • Porch
  • 3-minute walk to Kenwood Community Park

About This Home

Stunning 3-Flat Georgian Style Multi-Family Building in the Hyde Park/Kenwood Community, where historical elegance is seamlessly integrated with contemporary living. This rare gem has been updated on the 1st level only to offer both classic charm and modern amenities perfect for short-term rentals generating great annual income. Bring your own touches for units 2 and 3. Step through the front portico (with 4 tall columns), and see how 3 units, (close to 1,300 ft on each floor) exude cozy living space with historic charm flooded with natural light from brand new windows, featuring many vintage details including solid mahogany doors, molding throughout, as well as oak and antiqued pine flooring. The 1st floor duplex unit has 1700+sf living space with various new updates including stainless steel appliances, cortz countertops, refurbished original hardwood floors, new fixtures, freshly painted and a fully height semi-finished basement, and so much more. This property is zoned as RM5 w/two city lots (25 ft x 200 ft), offering the new owner an opportunity for growth, with a shared driveway connected to a gated luxury townhome community, a new construction project converted from the original building constructed by the architect, Solon Spencer Beman. Don't miss your chance to own a piece of history that caters to today's lifestyle needs,and steps from Chicago's Beautiful Lakefront and shuttle service to the University of Chicago. The building can be easily converted to a single family home if wanted.

Listing Agent

Carlas Gilbert

Prince Realty Group LLC License #471018028 Listed on: 02/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,541

Year Built

  • Built in 1889

Lot Details

  • Lot Dimensions are 25x 200
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 3 Parking Spaces

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Partial Basement
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Porch

Schools

  • Shoesmith Elementary School
  • Canter Middle School
  • Kenwood Academy High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Community Details

Building Details

  • Electric Expense $4,500
  • Water Sewer Expense $1,200

Additional Features

  • 3 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,541

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Year Built: 1889
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Partially Finished, Sleeping Area, Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Fireplace-Artificial,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Brick/Mortar, Concrete Perimeter, Stone
  • List Price: 975000
  • Patio And Porch Features: Porch
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiant, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1200

Schools

  • Elementary School: Shoesmith Elementary School
  • High School: Kenwood Academy High School
  • Middle/Junior School: Canter Middle School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X 200
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • ElectricExpense: 4500
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 12541
  • Tax Year: 2022
  • Tax Exemptions: None

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $975,000 -7.1% --
02/28/2025 02/28/25 For Sale $1,050,000 +133.3% --
07/29/2014 07/29/14 Sold $450,000 -5.3% $113 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $475,000 -- $119 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12300648

Midwest Real Estate Data (MRED)