
7948 S Dobson Ave Chicago, IL 60619
Grand Crossing NeighborhoodEstimated payment $2,650/month
About This Home
Welcome to 7948 S Dobson, a charming California-style brick-constructed building in this well-maintained multi-family property. It features eight spacious one-bedroom apartments, each boasting the exact same efficient layout designed for comfortable living and easy tenant appeal, complete with reliable baseboard heating throughout and separately metered utilities for gas and electric to ensure convenience and cost control for the owner. Seller replaced all shingles on the roof just two years ago, providing peace of mind and long-term durability, while one of the eight units has been completely remodeled, offering the next owner a chance to capture premium rents. Additionally, two dedicated parking spaces are available in the rear of the building, adding valuable convenience in an urban setting. This property combines sturdy brick construction with thoughtful features in a desirable location-don't miss this opportunity to own a piece of classic California-inspired architecture! Call or text listing agent to schedule a showing
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,652
Year Built
- Built in 1963
Lot Details
- Lot Dimensions are 50x125
Home Design
- Brick Exterior Construction
- Pitched Roof
Interior Spaces
- 2-Story Property
- Exterior Basement Entry
Utilities
- Central Heating
- Cable TV Available
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $360
- Fuel Expense $6,924
- Insurance Expense $4,800
- Trash Expense $1,195
- Water Sewer Expense $1,800
- Operating Expense $18,096
- Gross Income $40,500
- Net Operating Income $17,604
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/11/2025 08/11/25 | For Sale | $400,000 | -- | -- |
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Source: Midwest Real Estate Data (MRED)
MLS Number: 12441266

APN: 20351040300000
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