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$245,000

7438 Stewart Ave

Chicago, IL
Active
7
Bedrooms
1912
Year Built
334
Days On Market

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.

Listing Information

Listing Updated
08/11/2026
Listed By
Crystal Smith · ERA Partners, 6305601001
MLS#
12527592
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
7438 S Stewart Ave, Chicago, IL 60621
City
Chicago
County
Cook
Zip Code
60621

Architecture

Bedrooms
7
Year Built
1912
Construction Materials
Brick
Garage Spaces
0

Features & Amenities

Heating
Natural Gas

Property Features

Sewer
Public Sewer

Tax & Financial Information

List Price
$245,000
Annual Taxes
$2,004

Schools

100/100
Deneen Elementary School
Elementary · Grades PK–08 · 0.6 mi
City
Chicago
Students
571
Student body
98% Black · 1% Hispanic / Latino · 1% White
Free/reduced lunch
99%
Phone
(773) 535-3035
100/100
Simeon Career Academy High School
High · Grades 09–12 · 0.9 mi
City
Chicago
Students
1,365
Parent reviews
1.0★ avg · 2 reviews
Student body
98% Black · 1% Two or More Races · 1% Hispanic / Latino
Free/reduced lunch
90%
Phone
(773) 535-3200
83/100
Robeson High School
Grades M–M · 0.8 mi
City
Chicago
Students
136
Student–teacher
14.3
Parent reviews
5.0★ avg · 2 reviews
Student body
99% Black · 1% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
99%
Phone
(773) 535-3800
77/100
Lenart Elementary Regional Gifted Center
Elementary · Grades PK–08 · 0.9 mi
City
Chicago
Students
282
Parent reviews
5.0★ avg · 2 reviews
Student body
60% Black · 16% Asian · 15% White
Free/reduced lunch
27%
Phone
(773) 535-0040
60/100
Amandla Charter School
Grades M–M · 0.7 mi
City
Chicago
Students
310
Student–teacher
15.5
Student body
98% Black · 1% Hispanic / Latino · 1% White
Free/reduced lunch
98%
Phone
(773) 535-7150
54/100
Harvard Elementary School
Elementary · Grades PK–08 · 0.2 mi
City
Chicago
Students
425
Student body
98% Black · 1% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
99%
Phone
(773) 535-3045
54/100
YCCS-Community Youth Dev Inst High School
High · Grades 09–12 · 0.6 mi
City
Chicago
Students
128
Student body
98% Black · 1% Hispanic / Latino · 1% American Indian / Alaska Native
Free/reduced lunch
96%
Phone
(773) 224-2273
53/100
Oglesby Elementary School
Elementary · Grades PK–08 · 0.6 mi
City
Chicago
Students
458
Student body
100% Black · 0% Hispanic / Latino
Free/reduced lunch
98%
Phone
(773) 535-3060

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
06/02/2026Price change$245,000
12/04/2025Listed for sale$260,000

Listed by Crystal Smith · ERA Partners · 6305601001

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: August 11, 2026 at 5:08 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12527592

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