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7 Beds
2 Baths

$245,000

7438 S Stewart Avenue, Chicago IL, 60621

Built in1912
Property typeMulti-family
Listed by Crystal Smith with ERA Partners 872-222-5767

Overview

Active

Listed Dec 15, 2025

Updated Aug 12

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.

$1,630/mo

Est. mortgage payment based on a $245,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12527592

Interior Features

Bedrooms
7
Bathrooms
2
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$2,004
Tax Frequency
Annually
MLS provider logo

Listed by Crystal Smith with ERA Partners 872-222-5767

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Data is refreshed every 3 hours. Listing last updated 3:05 AM UTC on 8/12/2026. 

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