Search
18-Unit Apartment Building
For Sale
Contact for pricing
Pending

7002 Stewart Avenue, Chicago, IL 60621

Fully occupied multifamily property with three entrances, varied unit layouts, and separately heated apartments.

Property SizeContact for details
Days on Market146

Property Features for 7002 Stewart Avenue

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 3 x 2BR/1BA, 9 x 1BR/1BA, 6 x studio/1BA
Multifamily Units 18

Building Details

Buildings 1
Listing Agency: CENTURY 21 Circle
Listed By: Giovanni Arenella · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Circle

Investment Insights

Based on property information with market context.

This fully occupied apartment property contains 18 units across three configurations: 3 two-bedroom, one-bath apartments; 9 one-bedroom, one-bath apartments; and 6 studio units with kitchenettes and one bath. Three separate entrances provide access to the units. Each apartment has its own boiler, installed 10 years ago, with tenants responsible for their individual heat. The sale also includes the vacant adjoining lot used for resident parking.

Property improvements include porches added 11 years ago, windows replaced 10 years ago, and a roof installed 12 years ago. The building is located on Stewart Avenue in Chicago, Illinois, and has no city violations reported in the property information.

Key Highlights

  • 18‑unit apartment building with 3 two‑bedroom units, 9 one‑bedroom units, and 6 studios
  • Vacant lot next door included and used for tenant parking
  • Separate boiler in each unit installed 10 years ago; tenants pay their own heat

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Gym & Fitness Center Accounting Firm Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

720
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with three entrances, varied unit layouts, and separately heated apartments.
Where is this apartment building located?
The property is located at 7002 Stewart Avenue Chicago, IL.
What are key features of this property?
This property features: 18‑unit apartment building with 3 two‑bedroom units, 9 one‑bedroom units, and 6 studios; Vacant lot next door included and used for tenant parking; Separate boiler in each unit installed 10 years ago; tenants pay their own heat
(708) 531-0800 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message