7002 S Stewart Ave Chicago, IL 60621
Englewood NeighborhoodEstimated payment $8,512/month
Highlights
- 0.15 Acre Lot
- Courtyard
- Baseboard Heating
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,127
Year Built
- Built in 1925
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 122 x 45
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Membrane Roofing
- Concrete Perimeter Foundation
Utilities
- Baseboard Heating
- Heating System Uses Gas
Additional Features
- 3-Story Property
- Courtyard
Listing and Financial Details
- The owner pays for trash collection, sewer, water
Community Details
Overview
- 18 Units
Building Details
- Electric Expense $959
- Fuel Expense $3,863
- Insurance Expense $13,500
- Maintenance Expense $12,600
- Manager Expense $11,359
- Other Expense $3,600
- Trash Expense $3,550
- Water Sewer Expense $9,616
- Operating Expense $85,820
- Gross Income $252,420
- Net Operating Income $141,358
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,472 | $101,900 | $5,076 | $96,824 |
| 2024 | $16,127 | $101,900 | $5,076 | $96,824 |
| 2023 | $15,721 | $76,435 | $3,966 | $72,469 |
| 2022 | $15,721 | $76,435 | $3,966 | $72,469 |
| 2021 | $15,370 | $76,433 | $3,965 | $72,468 |
| 2020 | $16,460 | $73,890 | $3,965 | $69,925 |
| 2019 | $14,845 | $73,890 | $3,965 | $69,925 |
| 2018 | $14,596 | $73,890 | $3,965 | $69,925 |
| 2017 | $12,490 | $60,720 | $3,648 | $57,072 |
| 2016 | $12,162 | $60,720 | $3,648 | $57,072 |
| 2015 | $11,127 | $60,720 | $3,648 | $57,072 |
| 2014 | $9,079 | $48,935 | $3,648 | $45,287 |
| 2013 | $8,900 | $48,935 | $3,648 | $45,287 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $1,260,000 | +146.6% | -- | |
| 12/24/2020 12/24/20 | Sold | $511,000 | -1.5% | -- | View Prior Sale |
| 07/27/2020 07/27/20 | Pending | -- | -- | -- | |
| 07/16/2020 07/16/20 | For Sale | $519,000 | +1.6% | -- | |
| 07/14/2020 07/14/20 | Off Market | $511,000 | -- | -- | |
| 06/12/2020 06/12/20 | For Sale | $519,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $511,000 | Citywide Title Corporation |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12643228
APN: 20213280200000
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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