7321 S Stewart Avenue , Chicago, IL 60621

$269,900
  • 7321 S Stewart Avenue , Chicago, IL 60621 Main Photo

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New to the Market New
BEDS12 BATHS4 full MLS#12758567
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

GREAT INVESTMENT OPPORTUNITY -This rare 12bedroom, 4bath, 4,908 sq ft quadruplex built in 1900 offers exceptional income potential with 3 units currently vacant and 1 units rented monthtomonth. Whether you're expanding your portfolio or seeking a highyield valueadd property, this one stands out from the rest. Units are functional but would benefit from light updating during turnover and some fresh paint (one unit needs minimal drywall work)- Recent Updates / Systems & Exterior: heating units have systems approximately 10 years old, Cooling: No central air; window units used for cooling and back porches (all four porches) rebuilt ~12 years ago-AsIs Sale- Investment Highlights Estimated ARV around $440,000 based on area comps- Strong rental upside with 12 bedrooms across four units- 3 units ready for immediate renovation and leasing (1 unit is leased until 10/27), Unique charm and historic character not found in other local quadruplexes. This property offers tremendous potential for investors seeking cashflow, valueadd opportunities, or longterm appreciation. This won't last - don't miss out on a onceinalifetime opportunity! Cash buyers, Hard money buyers, Conventional financing buyers.

7321 S Stewart Avenue | MLS# 12758567

This multi-family property located at 7321 S Stewart Avenue , Chicago, IL 60621 is currently listed for sale with an asking price of $269,900. S Stewart Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Other, Partial
Heating: Steam
Lot Size: 0.14 Acres
Taxes: $2,321
Year Built: 1900

Feature Descriptions

Exterior: Brick
Lot Dimensions: 121x50
Parcel#: 20282160040000
Parking: Off Alley, Off Street, Yes
Sewer: Public Sewer
Total Rooms: 16
Township: Lake
Water: Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Keller Williams Experience
Agency Phone: 630-598-0755

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 1,498.11 per month $1,225.97 Principal & Interest $193.42 Property Tax $78.72 Homeowner's Insurance

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