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$1,260,000
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Property Description
Real Realty is pleased to present for sale the Stewart Suites located in Chicago's Englewood neighborhood. This opportunity presents an investor to acquire 18 apartments consisting of 2 studios, 7 one bed one baths, 7 two bed one baths, and 2 three bed one baths. Rental rates are currently strong in this building compared to market consisting of tenants on subsidies brought in by the owner while boasting a in-place cap rate of over 11. Tenants pay for their own gas and electric. Landlord covers water and common area utilities. Each unit has its own gas-fired boiler for heat. This building sits right on 70th & Stewart. Minutes from the 69th/Stewart bus stop and 0.3 miles from the CTA Green Line station and a short drive to I-90/94. Just 10 miles from downtown Chicago.
Full Property Details
Full Property Details for 7002 S Stewart Ave
General
- Price: $1,260,000
- HOA FEE: $12,600
- Taxes: $16,127 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12643228
Location
- Area: CHI - Englewood
- County: Cook
- Driving Directions: Take I-94 Dan Ryan Expressway to 69th St, then head west to Stewart Ave and continue south to 7000 S. Stewart Ave. Property is located near the intersection of 70th St & Stewart Ave on the east side of the street.
Heating & Cooling
- Heating Type: Gas, Baseboard
Utilities
- Trash: 3550
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane
- Stories/Levels: 3
- Year Built: 1925
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.15
- Lot Dimensions: 122 x 45
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $12,600
- Insurance Fee: $13,500
- Operating Expenses: $85,820
- Other Fee: $3,600
- Assessment Year: 1925
- Tax Amount: $16,127
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Pays Electric: 959
- Pays Trash: 3550
Disclosures and Reports
- Property ID: 20213280200000
Listed by Real Realty Inc
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Schools
Schools serving 7002 S Stewart Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Harvard Elementary School 7525 South Harvard Avenue, Chicago, IL 60620 | K-8 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7002 S Stewart Ave
Date
Details
Price
Change
Source
5/08/2026
Listed
$1,260,000
23.53%
MLS
2/09/2022
Sold
$1,020,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7002 S Stewart Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,472
27%
$101,900
33%
2023
$16,127
3%
$76,433
—
2022
$15,721
2%
$76,433
—
2021
$15,370
-7%
$76,433
3%
2020
$16,460
11%
$73,890
—
2019
$14,845
2%
$73,890
—
2018
$14,596
17%
$73,890
22%
2017
$12,490
3%
$60,720
—
2016
$12,162
9%
$60,720
—
2015
$11,127
23%
$60,720
24%
2014
$9,079
2%
$48,935
—
2013
$8,900
1%
$48,935
—
2012
$8,781
—
$48,935
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7002 S Stewart Ave
7002 S Stewart Avenue, Chicago, IL 60621 (MLS# 12643228) is a Commercial property. 7002 S Stewart Avenue is currently listed for $1,260,000 and was received on May 08, 2026. Want to learn more about 7002 S Stewart Avenue? Do you have questions about finding other Commercial real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

