BEDS12
BATHS4 full
MLS#12758567
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
Property Description
GREAT INVESTMENT OPPORTUNITY -This rare 12bedroom, 4bath, 4,908 sq ft quadruplex built in 1900 offers exceptional income potential with 3 units currently vacant and 1 units rented monthtomonth. Whether you're expanding your portfolio or seeking a highyield valueadd property, this one stands out from the rest. Units are functional but would benefit from light updating during turnover and some fresh paint (one unit needs minimal drywall work)- Recent Updates / Systems & Exterior: heating units have systems approximately 10 years old, Cooling: No central air; window units used for cooling and back porches (all four porches) rebuilt ~12 years ago-AsIs Sale- Investment Highlights Estimated ARV around $440,000 based on area comps- Strong rental upside with 12 bedrooms across four units- 3 units ready for immediate renovation and leasing (1 unit is leased until 10/27), Unique charm and historic character not found in other local quadruplexes. This property offers tremendous potential for investors seeking cashflow, valueadd opportunities, or longterm appreciation. This won't last - don't miss out on a onceinalifetime opportunity! Cash buyers, Hard money buyers, Conventional financing buyers.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Other, Partial
Heating: Steam
Lot Size: 0.14 Acres
Taxes: $2,321
Year Built: 1900
Feature Descriptions
Exterior: Brick
Lot Dimensions: 121x50
Parcel#: 20282160040000
Parking: Off Alley, Off Street, Yes
Sewer: Public Sewer
Total Rooms: 16
Township: Lake
Water: Public
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Keller Williams Experience
Agency Phone: 630-598-0755
Shown By
Agent Name: Karl Gasbarra
Agent Phone: (815) 975-4218
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 1,498.11 per month $1,225.97 Principal & Interest $193.42 Property Tax $78.72 Homeowner's InsuranceChange Payment Information
Karl Gasbarra
Office: (815) 623-3333
Cell: (815) 975-4218
Fax: (815) 231-8163
Direct: (815) 975-4218
Corporate Relocation Director: (815) 975-4218
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7321 S Stewart Avenue | MLS# 12758567
This multi-family property located at 7321 S Stewart Avenue , Chicago, IL 60621 is currently listed for sale with an asking price of $269,900. S Stewart Avenue is located within the District 299 school district. Search Chicago real estate on kgasbarra.gogambino.com today.