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Three-Unit Redevelopment Property
For Sale
Under Contract
$95,000

6554 S Stewart Avenue, Chicago, IL 60621

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market55

Property Features for 6554 S Stewart Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 1, Basement, Bathroom 3, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 3
Parking 3
Parking features Alley
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Head west on 63rd, south onto Stewart.
Subdivision CHI - Englewood
Standard status Active Under Contract
APN 20211220180000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1768

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1880
Building materials Frame
Listing Agency: eXp Realty
Listed By: Antonio Rubio
Added: Sep 2 Changed: Oct 25 Last Checked: Oct 26 at 1:06PM
MLS# 12749053

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This frame triplex at 6554 S Stewart Avenue is configured for redevelopment after being cleared to the studs. The proposed layout includes 2-bedroom, 1-bath units on the first and second floors, along with a 1-bedroom attic apartment featuring two separate entry and exit points. A basement is also present and could be finished as part of the redevelopment plan. The property has a newer roof, natural-gas heating, public sewer service, and alley parking. It is offered as-is, with no survey provided.

Plans were previously submitted to the City and are available upon request. The property sits across from a STEM high school, approximately a 12-minute walk from CTA train service and about a 3-minute drive from I-90/94. Zoning is listed as MULTI. Buyers’ agents should verify room count, zoning, permitted use, and other property information.

Key Highlights

  • Triplex with two 2‑bedroom, 1‑bath floor layouts and a 1‑bedroom attic apartment
  • Fully demoed to the studs for redevelopment
  • Previously submitted City plans available upon request

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,024
Businesses Nearby

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Fully gutted triplex with submitted redevelopment plans and a newer roof.
Where is this triplex located?
The property is located at 6554 S Stewart Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Triplex with two 2‑bedroom, 1‑bath floor layouts and a 1‑bedroom attic apartment; Fully demoed to the studs for redevelopment; Previously submitted City plans available upon request
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