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Brick Duplex with Full Basement
For Sale
$245,000

7438 S Stewart Avenue, Chicago, IL 60621

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market249

Property Features for 7438 S Stewart Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 7, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 3
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Take W 75th St to S Stewart Ave
Subdivision CHI - Greater Grand Crossing
Standard status Active
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
Listed By: Crystal Smith · License #475112189
Added: Dec 15, 2025 Changed: Aug 20 Last Checked: Aug 21 at 6:06PM
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 two-family brick residence, built in 1912, offers separate heating systems for each unit and a full basement. Both units are vacant, and cosmetic improvements are needed on the first and second floors. The property is being sold strictly AS-IS through a short sale transaction subject to bank approval.

The basement provides additional space, with an option for the first-floor unit to duplex down and expand its living area. Natural gas heating and public sewer service are in place. The property includes bedrooms, two bathrooms, and basement space within its existing configuration.

Key Highlights

  • Two‑family property with both units currently vacant
  • Brick construction dating to 1912
  • Separate heating systems for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic Gym & Fitness Center Building Supply

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

814
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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate heating systems serve the vacant units, with cosmetic updates needed on both floors.
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: Two‑family property with both units currently vacant; Brick construction dating to 1912; Separate heating systems for each unit
More about this property
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