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4836 S Dorchester Ave
Multi-Family
New
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$925,000

4836 S Dorchester Ave, Chicago

22% below median
6 bd·5 ba·0 sqft
Built 1889Hyde Park Kenwood Historic District

4836 S Dorchester Ave, Chicago, IL

6 bd · 5 ba · 0 sqft Multi-Family listed at $925,000, built in 1889 in the Hyde Park Kenwood Historic District neighborhood.

About this home

Looking for a Stunning 3-Flat Georgian Style Multi-Family Building or convert to your Single Family Home 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. Step through the front portico (with 4 tall columns), and see how 3 units, (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. The 3rd floor features an updated kitchen with new cortz countertops, laminate flooring mixed with the original oak wood, and freshly painted. 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. Please note, this building can be easily converted to a single family home if wanted.

Property details

Price
$925,000
Bedrooms
6
Bathrooms
5
Year built
1889
Type
Multi-Family
Days on market
26
Est. property tax
$19,240/yr · $1,603/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($185,000)
Interest rate6.75%
Principal & Interest$4,800
Property Tax$848
Insurance$150
Total$5,798/mo

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Price history

$1.49M$925K$355K$549K on Mar 08 (Initial list)$549K on Jul 08 (Initial list)$549K on Aug 08 (Price change)$549K on Sep 08 (Price change)$589K on Feb 09 (Initial list)$625K on Feb 09 (Initial list)$589K on Jun 09 (Price change)$569K on Jul 09 (Price change)$569K on Aug 10 (Price change)$569K on Aug 10 (Price change)$475K on Apr 14 (Initial list)$450K on Jul 14 (Sold)$1.40M on Aug 15 (Initial list)$1.40M on Nov 15 (Price change)$1.15M on Jun 24 (Initial list)$1.05M on Feb 25 (Initial list)$975K on May 25 (Price change)$950K on Mar 26 (Price change)$925K on Mar 26 (Initial list)
$549K · Mar 08$925K · Mar 26
  1. Mar 31, 2026$925,000Initial list price
  2. Mar 21, 2026$950,000Price change
  3. May 30, 2025$975,000Price change
  4. Feb 28, 2025$1,050,000Initial list price
  5. Jun 4, 2024$1,150,000Initial list price
  6. Nov 16, 2015$1,399,000Price change
  7. Aug 4, 2015$1,399,000Initial list price
  8. Jul 29, 2014$450,000Sold
  9. Apr 7, 2014$475,000Initial list price
  10. Aug 21, 2010$569,000Price change
  11. Aug 15, 2010$569,000Price change
  12. Jul 15, 2009$569,000Price change
  13. Jun 8, 2009$589,000Price change
  14. Feb 25, 2009$625,000Initial list price
  15. Feb 3, 2009$589,000Initial list price
  16. Sep 18, 2008$549,000Price change
  17. Aug 31, 2008$549,000Price change
  18. Jul 24, 2008$549,000Initial list price
  19. Mar 14, 2008$549,000Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 4836 S Dorchester Ave, Chicago
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Home Intelligence

Neighborhood (zip 60615)

This neighborhood is primarily renter-occupied (31% owner-occupied). Median age is 34.7; 25% hold a bachelor's degree; median household income is $56,518.

Median income
$56,518
Median age
34.7
Owner-occupied
31.4%
Bachelor's degree
25.3%
Census median home value
$306,400

Source: US Census Bureau American Community Survey 5-year estimates.

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