Bring your vision to life with this substantial investment opportunity, fully demoed to the studs and ready for redevelopment. Plans were previously submitted to the City and are available upon request. A newer roof is in place. The property offers an impressive amount of space and income potential, with 2-bedroom, 1-bath layouts on both the first and second floors, plus a 1-bedroom attic apartment with two separate points of entry/exit. Adding a finished basement to this already massive property further elevates its potential. The surrounding block has seen significant reinvestment. Numerous distressed properties brought back to life and with this continued redevelopment throughout the area, this oversized property presents an exciting opportunity for an investor looking to capitalize on the neighborhood’s momentum. Conveniently located directly across from a STEM high school, approximately a 12-minute walk to CTA train service, and just a 3-minute drive to I-90/94. Property is being sold AS-IS. No survey will be provided. Buyer’s agent to verify room count, zoning, permitted use, and all property information.
Property Details
Price:
$95,000
MLS #:
MRD12749053
Status:
Active Under Contract
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
chienglewood
Listed Date:
Sep 2, 2026
Year Built:
1880
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Frame
Parking Features
Alley Access, Enclosed, Yes
Parking Spots
3
Parking Total
3
Financial
Tax Year
2024
Taxes
$1,768
Map
Community
- Address6554 S Stewart Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60621
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 11, 2026
1,347
Multi Family Listed
76
Avg DOM
$524,903
Avg List Price
Property Summary
- 6554 S Stewart Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60621. It is listed for $95,000
Similar Listings Nearby

Copyright 2026. All rights reserved.
6554 S Stewart Avenue
Chicago, IL


