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ActiveMLS #: 126563581 / 18Get an accurate number
ActiveMLS #: 126563581 / 188 Beds
$286,000
15242 Chicago Road, Dolton IL, 60419
Est. payment: $2,872/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Built in
1971
Lot size
0.14 acres
Property type
Two to Four Units
Listed by Michael Fisher with M Property Group LLC
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
Excellent investment opportunity in Dolton! This well-maintained 4-unit multifamily property on Chicago Road offers immediate income potential with 3 occupied units and 1 VACANT UNIT ready for an owner-occupant or additional rental income. The property features spacious layouts, functional living spaces, and strong rental demand in a convenient location. Ideal for investors seeking cash flow with upside potential through the vacant unit. A great opportunity to add a solid income-producing property to your portfolio. Live in one unit and benefit from leasing the other units. Schedule your showing today!
Location
15242 Chicago Road, Dolton IL, 60419
- Township
- Thornton
- County
- Cook
- Area
- Dolton
Interior
- Bedrooms
- 8
- Total rooms
- 16
- Basement
- Unfinished, Partial
- Heating
- Natural Gas, Steam, Baseboard
Exterior and lot
- Construction
- Brick
- Lot size
- 0.14 acres (45 X 137)
- Total parking
- 0
- Sewer
- Public Sewer
- Water
- Lake Michigan
Schools
- Elementary district
- 149
- Middle district
- 149
- High school district
- 205
Taxes and ownership
Listing details
- MLS number
- 12656358
- Status
- Active
- Property type
- Two to Four Units
- Year built
- 1971
- Town
- Dolton
- ZIP
- 60419
- Updated
- Sep 10, 2026
Estimate your payment
Term, years
Your monthly payment will be
$2,872
Principal, interest, and estimated taxes.
Loan $228,800 Down $57,200
- Principal and interest
- $1,515
- Property taxes (2024, per the listing)
- $1,357
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
Similar properties
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 21, 2026, 5:49 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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