This is the multi-unit you've been waiting for! Located at 14227 Lincoln Ave, this two-unit property offers incredible potential for the right buyer ready to bring their vision to life. Each unit features 2 bedrooms, providing a solid layout for future rental income or owner-occupancy. Situated on a large lot, the property includes a side drive leading to a two-car garage, adding convenience and value for future tenants or owners. Each unit has separate utilities, including gas, central air, and electricity-an ideal setup for maximizing cash flow. The home also features a full basement, offering additional storage or potential for future expansion. This property requires a complete rehab and is being sold AS-IS, making it perfect for savvy investors or homeowners looking to build equity through renovation. Don't miss your chance to turn this diamond in the rough into a strong income-producing asset or a customized multi-family home. This is a short sale
Contingent
$140,000
14227 Lincoln Ave, Dolton, IL 60419
5beds
--sqft
:
Get pre-qualified$1,111/mo
Multi Family
Built in 1911
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Side driveTwo-car garageLarge lotFull basement
- 94 days |
- 8 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Kim Ingram, ABR,E-PRO,SFR 773-934-5889,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12624339
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 9,147 Square Feet
Details
- Parcel number: 29034020090000
- Special conditions: Short Sale,Third Party Approval
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Street Paved
Location
- Region: Dolton
Financial & listing details
- Tax assessed value: $160,000
- Annual tax amount: $11,236
- Date on market: 4/20/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,704/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listing removed | $140,000 |
Source:  MRED as distributed by MLS GRID #12624339 Report a problem | ||
| 4/20/2026 | Listed for sale | $140,000+12% |
Source: MRED as distributed by MLS GRID #12624339 Report a problem | ||
| 11/3/2021 | Sold | $125,000 |
Source: MRED as distributed by MLS GRID #11161664 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $16,000 |
| 2023 | $10,524 +24.9% | $16,000 +61% |
| 2022 | $8,427 +207% | $9,935 |
| 2021 | $2,745 -7.1% | $9,935 |
| 2020 | $2,955 -21.3% | $9,935 -10.8% |
| 2019 | $3,756 +3.4% | $11,144 |
| 2018 | $3,633 +3.3% | $11,144 |
| 2017 | $3,516 -42.6% | $11,144 -16% |
| 2016 | $6,126 -1.8% | $13,274 |
| 2015 | $6,238 +25.7% | $13,274 |
| 2014 | $4,962 -21.5% | $13,274 -6.9% |
| 2013 | $6,322 +1.2% | $14,257 |
| 2012 | $6,245 -7.7% | $14,257 |
| 2011 | $6,766 +42.7% | $14,257 +1.5% |
| 2010 | $4,743 +12.6% | $14,050 -12.6% |
| 2009 | $4,212 +9.8% | $16,084 -5% |
| 2008 | $3,835 +2.2% | $16,931 +3.9% |
| 2007 | $3,753 +6.3% | $16,290 |
| 2006 | $3,530 +5.3% | $16,290 |
| 2005 | $3,353 +4.5% | $16,290 +56.6% |
| 2004 | $3,207 +13.5% | $10,404 |
| 2003 | $2,827 +1% | $10,404 |
| 2002 | $2,798 +41.4% | $10,404 +26.2% |
| 2001 | $1,979 -1% | $8,241 |
| 2000 | $1,999 +13.7% | $8,241 |
| 1999 | $1,758 | $8,241 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 60419
Nearby schools
GreatSchools rating
- 2/10Lincoln Elementary SchoolGrades: K-6Distance: 0.1 mi
- 2/10Lincoln Junior High SchoolGrades: 7-8Distance: 0.1 mi
- 2/10Thornridge High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: 148
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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