7251 S Stewart Ave

Chicago, IL 60621
  • $280,000

    Price
  • 7

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing 61080 - 237886,237886

Excellent investment opportunity! This previously rehabbed 3-unit building, updated in 2019, is the perfect addition to an investor's portfolio or an ideal opportunity for an owner-occupant looking to reduce housing costs with rental income. Currently generating approximately $3,400 per month in rental income, this property offers strong cash flow potential. The building features updated kitchens, modern spacious bathrooms, newer flooring, newer HVAC systems, and updated lighting throughout, making it truly move-in ready. The first-floor unit offers a spacious living room, formal dining room, updated kitchen, and a convenient mudroom. The second-floor unit features a generous living room, formal dining room, 3 bedrooms, and 1.5 bathrooms. The finished basement expands the possibilities with an additional kitchen, 2 full bathrooms, and 2 additional bedrooms, providing flexible living space. Outside, enjoy a spacious backyard with the unique opportunity to purchase the adjacent lot for just $1 through applicable programs, subject to eligibility and municipal approval. Conveniently located near public transportation, shopping, schools, and everyday amenities, this property offers both value and versatility. Whether you're looking to grow your investment portfolio or occupy one unit while collecting rental income, this is an opportunity you don't want to miss. Property is being sold As-Is. Schedule your private showing today!

Listing Highlights

Status Pending
Days on Site 9
Property Type Multi-Family
MLS ® 12698016
Year Built 1893
Total Square Footage 0
Lot/Acreage 2950
County Cook
School District 299

Interior Details

  • Bedrooms: 7
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 2950
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $1,160
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20282080150000
  • Tax Year: 2023

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7251 S Stewart Ave Chicago, IL 60621

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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