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Listing provided courtesy of ERA PartnersMREDas Distributed by MLSGrid- MLS# 12527592MLS Provider

7438 S Stewart AvenueChicago, IL 60621

Multi-Family · 7 Beds
$245,000 Active

7438 S Stewart Avenue Overview

Time on Site:
196 days
Visits:
1

Value-Add 2-Family Opportunity - Priced Well Below Market! Don't miss this excellent opportunity to own a 2-family property with strong upside potential. Property Highlights: Two-family layout with separate heating systems for each unit Cosmetic updates needed on both the first and second floors - perfect for investors or buyers looking to add value Full basement The first-floor unit offers the potential to duplex down into the basement, significantly expanding the living space and rental or owner-occupant appeal Strong income and appreciation potential This is a great fit for investors seeking a value-add deal or owner-occupants looking to customize and build equity. Serious inquiries only. Contact us today for more details or to schedule a showing. This is a short sale

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7438 S Stewart Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1912

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Greater Grand Crossing
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $2,004.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20281250230000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 7
  • Bedrooms Possible: 7
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Full
  • Heating: Natural Gas
  • Rooms Total: 13

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Dimensions: 6650
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1500
  • Beds Total: 3
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 4
  • Baths Total: 1

7438 S Stewart Avenue Neighborhood

Community

60621 (Chicago) Demographics

37
Median Age
7,171
Population Density (per sq. mile)
16%
College Educated
$23,019
Estimated Median Income
2,506
Estimated Total Home Owners
8,240
Estimated Total Renters
23% / 77%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7438 S Stewart Avenue Monthly Cost

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$ %
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$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7438 S Stewart Avenue Market Data

Based on the last 30 days in this zip code

$189,260
Average List Price
$123
Average Price per Square Foot
3
Properties Sold
85
Average Days on Market
46
Properties for Sale
Calculations provided by Reliance Network

7438 S Stewart Avenue History

Date Event Value Agent
6/7/2026Source: MRED Status Change
Active
6/2/2026Source: MRED Price Increase
$245,000 8.9%
6/2/2026Source: MRED Status Change
Re-activated
3/24/2026Source: MRED Status Change
Pending
2/15/2026Source: MRED Status Change
Active
2/10/2026Source: MRED Price Reduction
$225,000 -6.2%
2/10/2026Source: MRED Status Change
Price Change
2/3/2026Source: MRED Status Change
Active
1/26/2026Source: MRED Status Change
Re-activated
1/1/2026Source: MRED Status Change
Active
12/27/2025Source: MRED Price Reduction
$240,000 -7.7%
12/27/2025Source: MRED Status Change
Price Change
12/20/2025Source: MRED Status Change
Active
12/15/2025Source: MRED Added to Database
December 15, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022
4/5/2022Source: MRED Status Change
Closed