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7251 S Stewart Ave

Chicago IL 60621

7
4
Multi-Family
Currently for sale - view listing

Overview

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!

Features

7 bedrooms
4 bathrooms
Multi-Family

Property history for 7251 S Stewart Ave

2018
Sold
$35,000
05 Jun 2018 by Barbara Thouvenell, of P.R.S. Associates, Inc.
2008
Sold
$190,000
31 Dec 2008 by Deborah Higgins, of Keller Williams Realty Chicago Consulting Group

Happy sellers in Chicago

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We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 7 bedroom multi families in Chicago

In the last 12 months, 17 seven-bedroom multi families similar to 7251 S Stewart Ave, have been sold.

This represents a 30% increase in seven-bedroom multi families sales when compared to the previous 12 months.

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