7959 S Muskegon Avenue Chicago, IL ^$ 819,900

7959 S Muskegon Avenue

^$ 819,900

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7959 S Muskegon Avenue

Chicago, IL, 60617

^$ 819,900

Bedrooms1 Baths0.0

Monthly Estimate*

^$ 5,115

7959 S Muskegon Avenue, Chicago, IL 60617 - Image 1

7959 S Muskegon Avenue, Chicago, IL 60617 - Image 2

7959 S Muskegon Avenue, Chicago, IL 60617 - Image 3

7959 S Muskegon Avenue, Chicago, IL 60617 - Image 4

7959 S Muskegon Avenue, Chicago, IL 60617 - Image 5

7959 S Muskegon Avenue, Chicago, IL 60617 - Image 6

7959 S Muskegon Avenue, Chicago, IL 60617 - Image 7

7959 S Muskegon Avenue, Chicago, IL 60617 - Image 8

Multi-Family Home for sale in Chicago, IL

for $819,900 with 1 bedroom. This home was built in 1929.

16 unit building ideal for value-add investors looking to build sweat equity. Can be combined with 7951 S Muskegon Ave, adding an additional 17 units available from the same seller. 7957-7959 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.

Multi-Family Active

Price

^$ 819,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 10,940

Style

Year Built

1929

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12449491

Features

General

Year Built 1929

Stories Count 3

Tax Year 2023

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status Active

Directions Corner of Muskegon Ave and 80th Street

City Chicago

Number Of Units Total 16

MLS Area CHI - South Chicago

Tax Annual Amount 10940

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 6119

* Excluded Features

List By

Chicago Real Estate Resources

Broker

stevenr@crer.com

Affordability Calculator

$6,027

Per Month

Monthly Principal & Interest: $5,115
Monthly Property Taxes: $912
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,526

Percent of Sale Price 25%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/30/2025	$819,900	-0.62%	Price Down
8/18/2025	$825,000		Listed Price

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7959 S Muskegon Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $819,900. 7959 S Muskegon Avenue has 1 bedrooms, 0.0 baths, and was built in 1929. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/18/2025.

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7959 S Muskegon Avenue

Multi-Family Home for sale in Chicago, IL

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