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    Two-Family Value-Add Opportunity Title is generated by Realmo AI

    7438 S Stewart Avenue, Chicago, IL 60621

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    For Sale
    $245,000

    MULTI_FAMILY - Chicago, IL

    Added:
    Dec 15, 2025
    Days on Market:
    196
    Last Refresh:
    Jun 29 at 10:06 pm

    Property Features for 7438 S Stewart Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    2
    Rooms
    Bedroom 4, Bedroom 7, Bedroom 3, Bedroom 1, Bedroom 6, Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 5
    Basement
    Unfinished, Full
    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

    We can help!

    Contact an agent
    Crystal Smith

    Listing agent Crystal Smith License #475112189

    Listing office ERA Partners 450 E 22nd St. Ste. 176, Oakbrook Terrace, IL

    Listing date Dec 15, 2025

    MLS# 12527592 Listing URL

    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.

    HighLights

    • 2‑family property with separate heating systems for each unit
    • Brick construction with natural gas heat and public sewer
    • Built in 1912
    • Full basement offers potential for additional finished living space
    • Cosmetic updates needed on both the first and second floors

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.634866
    Latitude
    41.758773

    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: 2‑family property with separate heating systems for each unit; Brick construction with natural gas heat and public sewer; Built in 1912
    More about this property
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