6 days on Rocket
#12413781, Michael Scanlon, Listing office: eXp Realty
$163,000 List price
14625 Martin Luther King Jr Dr Dolton, IL 60419
4 beds
2 full
1,728 sqft
0.2 acres
$94 / sqft
House
Property details
About 14625 Martin Luther King Jr Dr
Investment Opportunity: 4-Bedroom, 2-Bathroom Home in Dolton, IL - Positive Cash Flow This spacious 4-bedroom, 2-bathroom home with 1,728 sq ft of living space is a prime investment opportunity. Currently leased to a Section 8 tenant, it provides a steady cash flow, with the tenant set to vacate at the end of July. The property sits on a double lot, offering potential for future expansion or development. With a recent price drop, this home presents a great value for investors seeking both immediate rental income and long-term appreciation in a growing neighborhood. All offers will be considered, and the seller is highly motivated. The property is being sold As-Is. Located with easy access to schools, parks, and public transportation, it's an ideal choice for investors looking for long-term rental income and future growth. Schedule a showing today to explore the potential of this great investment property!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air, Wall Unit(s)
Size1,728 sqft
BasementYes
Lot size0.1736 Acres
Year built1898
ParkingAsphalt, Off Alley, Side Driveway, On Site
MLS #12386792
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 4
- Parking: Asphalt, Off Alley, Side Driveway, On Site
- Heating: Natural Gas, Forced Air
- Cooling: Central Air, Wall Unit(s)
- List Price: $163,000
- Price/SqFt: $94
- HOA Amount: $0
- Annual Tax Amount: $7,276
- Tax Year: 2022
- Directions: From Chicago: Head south on I-94/US-41 S toward Indiana. Take exit 66A for 147th Street. Follow 147th Street west to South Dr. Martin Luther King Jr. Drive. Turn left on Martin Luther King Jr. Drive and continue until you reach the property on your left.
- Year Built: 1898
- Living Area: 1,728 SqFt
- Lot Size: 0.1736 Acres
- MLS Number: 12386792
- MLS Name: MRED
- Office Name: Infiniti Properties, Inc.
- Office Phone: (708) 206-3000
- Listing Agent: Cammie Love
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 11, 2023 | Home Sold | $125,000 |
| Aug 15, 2013 | Home Sold | $22,000 |
| Jan 10, 2008 | Home Sold | $170,000 |
| Aug 13, 2004 | Home Sold | $30,000 |
| Mar 07, 2000 | Home Sold | $76,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $8,579 | $7,276 |
| 2021 | $8,579 | $7,190 |
| 2020 | $8,579 | $6,795 |
| 2019 | $9,367 | $8,210 |
| 2018 | $9,367 | $7,964 |
History based on county public records data.
Nearby schools
4
Franklin Elementary School
Public District KG-6
0.1 mi
•14701 Martin Luther King Jr Dr
3
Lincoln Elementary School
Public District KG-6
0.7 mi
•14151 Lincoln Ave
3
Roosevelt Elementary School
Public District KG-6
1.0 mi
•111 W 146th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,636. The most common annual income of people living in Dolton, IL is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
29%
<35k
61%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
34%
Single, No Kids
29%
Single, with Kids
19%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
14%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Horse Races
Basketball
Where do the neighbors shop?
Burlington
Stein Mart
Ross Dress For Less
Where do the neighbors go to eat?
Church's Chicken
LongHorn Steakhouse
Jasons Deli
What do the neighbors drive?
Chevrolet
Buick
Acura
What do the neighbors listen to?
Urban Adult Contemporary
Contemporary Inspirational
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 14625 Martin Luther King Jr Dr
The listing price of 14625 Martin Luther King Jr Dr property is $163,000.
The property 14625 Martin Luther King Jr Dr is a house located in Dolton, Illinois, 60419.
Active Listing: 14625 Martin Luther King Jr Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 14625 Martin Luther King Jr Dr are: Franklin Elementary School (GreatSchools Rating 4/10), Lincoln Elementary School (GreatSchools Rating 3/10), Roosevelt Elementary School (GreatSchools Rating 3/10), Lincoln Junior High School (GreatSchools Rating 4/10), Roosevelt Junior High School (GreatSchools Rating 6/10), Brooks Middle School (GreatSchools Rating 2/10), Thornridge High School (GreatSchools Rating 2/10), Thornton Township High School (GreatSchools Rating 2/10), Carver Military Academy High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2022 is $7,276 (source: MLS/based on county public records data).
The last sale was on October 11, 2023 for $125,000 (source: MLS/tax record).
The property at 14625 Martin Luther King Jr Dr has 4 bedrooms and 2 bathrooms.
The property 14625 Martin Luther King Jr Dr is 1,728 SqFt (source: MLS/tax record).
The year of construction for 14625 Martin Luther King Jr Dr is 1898.
This home is located at 14625 Martin Luther King Jr Dr in Dolton, IL and zip code 60419. This 1,728 square foot home, which was built in 1898, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $163,000.
In June 2025, from all listings sold in Dolton, IL there were more than 5 sold above asking price, over 9 sold below and more than 1 were sold right at the asked price. The number of listings in Dolton, IL increased by 24.8% between May and June 2025. In June 2025, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $150,000.
From Rocket Homes Real Estate and based on county public records data.