About This Home
This 7-bedroom, 4-bathroom residential multi family at 7251 S STEWART Avenue in Chicago, IL is listed for $280,000. Built in 1893, on a N/A lot.
Key Features
- Built in 1893
Property Details
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!
Monthly Cost Estimate
$1,497/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7251 S STEWART Avenue
Chicago, IL 60621
Property Details
Construction
Heating
Questions & Answers
This 7-bedroom, 4-bathroom residential multi family at 7251 S STEWART Avenue is listed at $280,000. The estimated monthly payment is $1,498 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1893.
This property is listed by Nikki Kimsey and can be reached at (708) 798-1111.
