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7951 S Muskegon Avenue Chicago, IL $ 794,900
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$ 794,900 Get more info
7951 S Muskegon Avenue
$ 794,900
Back to search
Share Save

7951 S Muskegon Avenue

Chicago, IL, 60617
$ 794,900
Bedrooms1 Baths0.0

Monthly Estimate*

$ 4,959

7951 S Muskegon Avenue, Chicago, IL 60617 - Image 1
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Multi-Family Home for sale in Chicago, IL

for $794,900 with 1 bedroom. This home was built in 1925 on a lot size of 0.166529.

17-unit building ideal for value-add investors looking to build sweat equity. Can be combined with 7957-7959 S Muskegon Ave, adding an additional 16 units available from the same seller. 7951 S Muskegon Ave is well-positioned for growth with its proximity to the upcoming quantum Shore development, a transformative mixed-use project that is anticipated to drive demand for quality housing. This location offers investors a rare opportunity to capitalize on early-stage momentum in a rapidly evolving location. Additionally, this property is located just down the street from the Cheltenham/79th Street Metra stop and walking distance to Rainbow Beach.

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Multi-Family Active

Price

$ 794,900

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 12,399

Style

Lot Size

0.166529

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12449470
Features
General
Cooling None
Possession Closing
Construction Materials Brick
Year Built 1925
Electric Circuit Breakers Other
Tenant Pays Varies by Tenant
Stories Count 3
Township Hyde Park
Tax Year 2023
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 12399
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions 79TH STREET EAST OF YATES TO MUSKEGON SOUTH TO BUILDING
City Chicago
Number Of Units Total 17
MLS Area CHI - South Chicago
Lot Size Square Feet 7254
Tax Annual Amount 12399
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Cap Rate 0
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Interior
Basement Unfinished
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Exterior
Foundation Details Other
Lot Dimensions 7254
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* Excluded Features
List By
Chicago Real Estate Resources

Broker

stevenr@crer.com

Email

Affordability Calculator

$5,992
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,959
Monthly Property Taxes
$1,033
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/30/2025$794,900 -0.64% Price Down
8/18/2025$800,000 Listed Price

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7951 S Muskegon Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $794,900 with a lot size of 0.166529. 7951 S Muskegon Avenue has 1 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 60617 which is in Chicago, IL

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