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$280,000 Just Listed
Property Description
Excellent investment opportunity! This previously rehabbed 3-unit building, updated in 2019, is the perfect addition to an investor's portfolio or an ideal opportunity for an owner-occupant looking to reduce housing costs with rental income. Currently generating approximately $3,400 per month in rental income, this property offers strong cash flow potential. The building features updated kitchens, modern spacious bathrooms, newer flooring, newer HVAC systems, and updated lighting throughout, making it truly move-in ready. The first-floor unit offers a spacious living room, formal dining room, updated kitchen, and a convenient mudroom. The second-floor unit features a generous living room, formal dining room, 3 bedrooms, and 1.5 bathrooms. The finished basement expands the possibilities with an additional kitchen, 2 full bathrooms, and 2 additional bedrooms, providing flexible living space. Outside, enjoy a spacious backyard with the unique opportunity to purchase the adjacent lot for just $1 through applicable programs, subject to eligibility and municipal approval. Conveniently located near public transportation, shopping, schools, and everyday amenities, this property offers both value and versatility. Whether you're looking to grow your investment portfolio or occupy one unit while collecting rental income, this is an opportunity you don't want to miss. Property is being sold As-Is. Schedule your private showing today!
Full Property Details
Full Property Details for 7251 S Stewart Ave
General
- Price: $280,000
- Taxes: $1,160 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12698016
- Updated: 7/7/2026
- Added to Site: 4 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 7
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Township: Lake
- Driving Directions: 69TH STREET TO STEWART SOUTH TO ADDRESS
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Year Built: 1893
- Built Before 1978: Yes
- Remodeled/Updated: 2019
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 2950
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1893
- Tax Amount: $1,160
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20282080150000
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Schools
Schools serving 7251 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 | 0.3 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 7251 S Stewart Ave
Date
Details
Price
Change
Source
7/06/2026
Listed
$280,000
47.37%
MLS
12/31/2008
Sold
$190,000
—
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 7251 S Stewart Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,160
—
$15,000
173%
2023
$1,160
3%
$5,499
—
2022
$1,131
2%
$5,499
—
2021
$1,106
-40%
$5,499
-34%
2020
$1,850
-2%
$8,305
-12%
2019
$1,896
60%
$9,438
—
2018
$1,186
26%
$9,438
-15%
2017
$942
-45%
$11,051
—
2016
$1,713
11%
$11,051
—
2015
$1,544
-8%
$11,051
-5%
2014
$1,683
3%
$11,639
—
2013
$1,639
-22%
$11,639
—
2012
$2,089
—
$11,639
—
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 7251 S Stewart Ave
7251 S Stewart Avenue, Chicago, IL 60621 (MLS# 12698016) is a Multi-Family property with 3 units containing 7 bedrooms and 0 full bathrooms. 7251 S Stewart Avenue is currently listed for $280,000 and was received on July 06, 2026. Want to learn more about 7251 S Stewart Avenue? Do you have questions about finding other Multi-Family real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.
