About This Home

This 12-bedroom, 4-bathroom residential multi family at 7321 S Stewart Avenue in Chicago, IL is listed for $260,000. Built in 1900, on a N/A lot.

Key Features

  • Built in 1900
  • 4 parking spaces

Property Details

4 full
4 spaces
1900
Listing 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 Sal

e- 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.

Monthly Cost Estimate

$1,391/mo

20% down · 6.5% · 30 years

Principal$188
Interest$1,127
Insurance$76

Estimates only. Actual payments may vary.

Location

7321 S Stewart Avenue

Chicago, IL 60621

Property Details

Construction

Brick

Parking

Off StreetOff Alley

Heating

Steam

Questions & Answers

This 12-bedroom, 4-bathroom residential multi family at 7321 S Stewart Avenue is listed at $260,000. The estimated monthly payment is $1,391 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 4 parking spaces.

This property is listed by Donnie Fields.

DF

Donnie Fields

Agent at Keller Williams Experience

Listed by Keller Williams Experience · Broker phone: (630) 598-0755 · View on Broker Site

MLS# 12758567· Source: Midwest Real Estate Data, LLC· 44 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7321 S Stewart Avenue, Chicago, IL 60621

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