Value-Add 2-Family Opportunity – Cash Buyers Preferred for Fast Close!Don’t miss this excellent short sale opportunity to add a high-potential 2-family property to your portfolio. Ideal for serious investors ready to close quickly!Property Highlights:Layout: Two-family setup featuring separate heating systems for each unit.Value-Add Potential: Needs cosmetic updates on both the first and second floors-a prime opportunity to add instant equity.Expandable Space: Full basement with the option for the first-floor unit to duplex down, dramatically increasing living space and potential rental income.Strong Returns: Outstanding income and appreciation potential in a solid location.Terms & Sale Details:Short Sale Transaction: Subject to bank approval. Buyer Preference: Cash buyers who can close quickly are strongly preferred due to short sale timeline constraints.Condition: Sold strictly AS-IS.Serious inquiries only. Contact us today for more details or to schedule a showing before it’s gone! Note: Both units are vacant.
Property Details
Price:
$245,000
MLS #:
MRD12527592
Status:
Active
Beds:
7
Baths:
2
Type:
Multi Family
Neighborhood:
chigreatergrandcrossing
Listed Date:
Dec 15, 2025
Year Built:
1912
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$2,004
Map
Community
- Address7438 S Stewart Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60621
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 07, 2026
1,365
Multi Family Listed
76
Avg DOM
$530,091
Avg List Price
Property Summary
- 7438 S Stewart Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60621. It is listed for $245,000
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7438 S Stewart Avenue
Chicago, IL


