7438 S Stewart Avenue Chicago, IL $ 245,000
7438 S Stewart Avenue
$ 245,000
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7438 S Stewart Avenue

Chicago, IL, 60621
$ 245,000
Bedrooms7 Baths2.0

Monthly Estimate*

$ 1,547

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Multi-Family Home for sale in Chicago, IL

for $245,000 with 7 bedrooms and 2 full baths. This home was built in 1912.

Value-Add 2-Family Opportunity - Cash Buyers Preferred for Fast Close!Don't miss this excellent short sale opportunity to add a high-potential 2-family property to your portfolio. Ideal for serious investors ready to close quickly!Property Highlights:Layout: Two-family setup featuring separate heating systems for each unit.Value-Add Potential: Needs cosmetic updates on both the first and second floors-a prime opportunity to add instant equity.Expandable Space: Full basement with the option for the first-floor unit to duplex down, dramatically increasing living space and potential rental income.Strong Returns: Outstanding income and appreciation potential in a solid location.Terms & Sale Details:Short Sale Transaction: Subject to bank approval. Buyer Preference: Cash buyers who can close quickly are strongly preferred due to short sale timeline constraints.Condition: Sold strictly AS-IS.Serious inquiries only. Contact us today for more details or to schedule a showing before it's gone! Note: Both units are vacant.

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Multi-Family Active

Price

$ 245,000

Bedrooms

7

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,004

Style

Year Built

1912

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12527592

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Brick
Year Built 1912
Township Hyde Park
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status Active
Directions Take W 75th St to S Stewart Ave
City Chicago
High School District 299
MLS Area CHI - Greater Grand Crossing
Tax Annual Amount 2004
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 7
Total Baths 2
Bedrooms Possible 7
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Lake Michigan
Total Parking 0
Lot Dimensions 6650
Waterfront Y/N N
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* Excluded Features
List By
Era Partners

Broker

info@smithcopropertyservices.com

Email

Affordability Calculator

$1,714
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,547
Monthly Property Taxes
$167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/10/2026$225,000 -6.25% Price Down
12/27/2025$240,000 -7.69% Price Down
12/15/2025$260,000 Listed Price

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7438 S Stewart Avenue, Chicago, IL, 60621 is a Multi-Family Home for sale at $245,000. 7438 S Stewart Avenue has 7 bedrooms, 2.0 baths, and was built in 1912. The property's zip code is 60621 which is in Chicago, IL