7002 S Stewart Avenue, Chicago, IL

$1,260,000

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0.15

Acres

About 7002 S Stewart Avenue

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.

Features of 7002 S Stewart Avenue

MLS® # 12643228
Price $1,260,000
Bathrooms 0.00
Acres 0.15
Year Built 1925
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 7002 S Stewart Avenue
Area CHI - Englewood
City Chicago
County Cook
State IL
Zip Code 60621

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Membrane
Foundation Concrete Perimeter

Additional Information

Days on Market 151
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Realty Inc

Listing Map

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