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8026 S Dobson Ave
Multi-Family
New
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$324,900

8026 S Dobson Ave, Chicago

72% below median
5 bd·2 ba·0 sqft
Built 1925East Chatham

8026 S Dobson Ave, Chicago, IL

5 bd · 2 ba · 0 sqft Multi-Family listed at $324,900, built in 1925 in the East Chatham neighborhood.

About this home

Welcome to 8026 S Dobson Ave, a walk-in ready revenue property located in the vibrant Chicago market. This well-maintained multi-unit building offers immediate income potential for investors or owner-occupants. The property was fully rehabbed in 2022, featuring refinished hardwood floors, new porcelain flooring, and completely updated bathrooms with modern tile work, new vanity cabinets, sinks, and updated plumbing. Additional improvements include a new overhead garage door, enhancing both functionality and curb appeal. The full basement presents an exciting value-add opportunity. With the correct zoning approval, the space has the potential to be converted into a third unit, creating additional income and significantly increasing overall property value.

Property details

Price
$324,900
Bedrooms
5
Bathrooms
2
Year built
1925
Type
Multi-Family
Days on market
12
Est. property tax
$6,758/yr · $563/mo · 2.08% IL avg
Last sold
$315,000 · Nov 2023

Estimated monthly payment

Down payment20% ($64,980)
Interest rate6.75%
Principal & Interest$1,686
Property Tax$298
Insurance$150
Total$2,134/mo

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Price history

$377K$210K$42K$227K on Oct 05 (Sold)$70K on Aug 17 (Sold)$199K on Sep 21 (Initial list)$194K on Sep 21 (Price change)$193K on Feb 22 (Price change)$205K on Jun 22 (Sold)$349K on Mar 23 (Initial list)$339K on Apr 23 (Price change)$329K on Aug 23 (Price change)$315K on Aug 23 (Price change)$315K on Nov 23 (Sold)$333K on Feb 26 (Initial list)$330K on Feb 26 (Initial list)$325K on Apr 26 (Initial list)
$227K · Oct 05$325K · Apr 26
  1. Apr 14, 2026$324,900Initial list price
  2. Feb 18, 2026$329,900Initial list price
  3. Feb 16, 2026$333,300Initial list price
  4. Nov 20, 2023$314,900Sold
  5. Aug 30, 2023$314,900Price change
  6. Aug 16, 2023$329,000Price change
  7. Apr 10, 2023$339,000Price change
  8. Mar 14, 2023$349,000Initial list price
  9. Jun 7, 2022$205,029Sold
  10. Feb 18, 2022$193,000Price change
  11. Sep 29, 2021$194,000Price change
  12. Sep 9, 2021$199,000Initial list price
  13. Aug 28, 2017$70,000Sold
  14. Oct 4, 2005$227,000Sold

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.

Home Intelligence

Neighborhood (zip 60619)

Median age is 41.3; 17% hold a bachelor's degree; 44% of homes are owner-occupied; median household income is $42,802.

Median income
$42,802
Median age
41.3
Owner-occupied
43.6%
Bachelor's degree
17.4%
Census median home value
$196,600

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

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