Address
7321 S Stewart Avenue, Chicago, IL
Price
$ 269,900
Property Attributes
- MLS#12758567
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - Greater Grand Crossing
- NeighborhoodGrand Crossing
- Zip60621
- Style
- Year Built1900
- Taxes$ 2321
- Price$ 269,900
- Bedrooms12
- Full Bathrooms4
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
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.
| Price History | |
|---|---|
| 9/17/2026 | Listed $269,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Steam |
| Possession | Closing |
| Construction Materials | Brick |
| Year Built | 1900 |
| Township | Lake |
| Tax Year | 2023 |
| Ownership | Fee Simple |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 16 |
| Status | Active |
| Directions | S State St (0.3 mi) W 75th St (0.5 mi) S Stewart Ave (0.2 mi) On your right: 7321 S Stewart Ave,Chicago |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - Greater Grand Crossing |
| Tax Annual Amount | 2321 |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Other,Partial |
|---|---|
| Total Bedrooms | 12 |
| Total Baths | 4 |
| Bedrooms Possible | 12 |
| Full Baths Building | 4 |
| Total Number of Units | 4 |
Exterior Features
| Parking Features | Off Alley,Off Street,Yes |
|---|---|
| Water Source | Public |
| Total Parking | 4 |
| Lot Dimensions | 121x50 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60621
Price
Taxes
Year Built
Visits
