7321 S Stewart Avenue, Chicago IL 60621
$255,000

7321 S Stewart Avenue, Chicago IL 60621

$255,000
Price Change
Greater Grand Crossing Two to Four Units

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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.

Features & Information

Key Details
  • List Price $255,000
  • Property Taxes $2,321
  • Year Built 1900
  • Status Price Change
  • List Market Time 55

Units

  • Unit 1
  • Floor 1
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances None
  • Rent $0/mo
  • Tenant Pays All
  • Lease Expires 00/00

  • Unit 2
  • Floor 2
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances None
  • Rent $0/mo
  • Tenant Pays All
  • Lease Expires 00/00

  • Unit 3
  • Floor 2
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances None
  • Rent $0/mo
  • Tenant Pays All
  • Lease Expires 00/00

  • Unit 4
  • Floor 2
  • Baths 1
  • Appliances None
  • Rent $800/mo
  • Tenant Pays All
  • Lease Expires 00/00

Exterior Features

  • Parking
  • # of Cars:  4

Building Information
  • Number of Units 4
  • Age of Building 100+ Years

Location
  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property 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

  • Schools
  • Elementary School District 299
  • Junior High District 299
  • High School District: 299

  • Property Taxes
  • Tax 2321
  • Tax Year 2023
  • Parcel Identification Number 20282160040000

Listed by Donnie Fields for Keller Williams Experience | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/12/2026 4:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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