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 | 141 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real Realty Inc |
|---|