Two-Family Value-Add
7438 S Stewart Avenue Chicago, IL 60621
For Sale
Under Contract
$245,000
MULTI_FAMILY - Chicago, IL
Days on Market223
Property Features for 7438 S Stewart Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 2, Basement, Bedroom 5
- Basement
- Full, Unfinished
- Standard status
- Active Under Contract
- APN
- 20281250230000
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 2004
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
Building Details
- Year built
- 1912
- Building materials
- Brick
Listing Agency:
ERA Partners
(630) 560-1001
Listed By:
Crystal Smith · License #475112189
(630) 560-1001
Added: Dec 15, 2025
Changed: Jul 13
Last Checked: Jul 26 at 3:06PM
MLS# 12527592
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2-family property presents a clear value-add opportunity for investors or owner-occupants. The home features a two-family layout with separate heating systems for each unit, supporting independent comfort and tenant-ready flexibility. A full basement adds meaningful utility, with the first-floor unit offering potential to duplex down into the basement to expand usable living space.
The property is located in Chicago, IL and is positioned for buyers seeking an income-producing asset with room for improvement. Public remarks indicate cosmetic updates are needed on both the first and second floors, creating a practical path to enhance the property’s appeal and functionality. The offering is listed as a short sale, and serious inquiries are encouraged.
With the combination of separate mechanicals and a full basement, this home can fit a range of strategies, from straightforward rental operations to an owner-occupant plan that blends living space with income. The need for cosmetic updates may be well-suited for buyers looking to customize finishes and build equity over time.
The property is located in Chicago, IL and is positioned for buyers seeking an income-producing asset with room for improvement. Public remarks indicate cosmetic updates are needed on both the first and second floors, creating a practical path to enhance the property’s appeal and functionality. The offering is listed as a short sale, and serious inquiries are encouraged.
With the combination of separate mechanicals and a full basement, this home can fit a range of strategies, from straightforward rental operations to an owner-occupant plan that blends living space with income. The need for cosmetic updates may be well-suited for buyers looking to customize finishes and build equity over time.
Key Highlights
- Brick 2‑family property built in 1912
- Two‑family layout with separate heating systems for each unit (Natural Gas)
- Cosmetic updates needed on both the first and second floors
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two separate heating systems and a full basement offer flexibility for rental income and potential owner occupancy.
Where is this duplex located?
The property is located at 7438 S Stewart Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Brick 2‑family property built in 1912; Two‑family layout with separate heating systems for each unit (Natural Gas); Cosmetic updates needed on both the first and second floors
