9041 S Muskegon Avenue Chicago, IL $ 549,950
9041 S Muskegon Avenue
$ 549,950
Recently Listed
Open House 2/28 11:30am - 1pm
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9041 S Muskegon Avenue

Chicago, IL, 60617
$ 549,950
Bedrooms12 Baths5.0 Sq 6,200

Monthly Estimate*

$ 3,386

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Multi-Family Home for sale in Chicago, IL

for $549,950 with 12 bedrooms and 5 full baths. This home is 6,200 square feet.

Solid Chicago Brick 4-FLAT On Bright Corner Facing Park with Sun-Drenched Updated Units To Make You $81K annual rent at only a 550 k price point, less than 1 MILE TO QUANTUM SHORE park expected to have a $20 billion impact and bring thousands of jobs over the next decade (that's O'Hare Airport-level impact). The rents vs price and appreciation make this an amazing deal (GRM is below a 7 . Investment Math is excellent: 7 ie. 81 x 7 = 567 value). You layout twice as much for the same rent elsewhere in this city not next to Billion Dollar Dev's with government backed future. This is a strategic positioning play for * House hackers * Long-term buy-and-hold investors * Portfolio builders seeking early infrastructure alignment. Projected recently improved and professionally managed. Rental Income $6,830/month * All tenants have consistent history. * Plug-in ready with owner-occupy loan option ( we will vacate a unit for owner occupier). The Building has 11 Bedrooms | 5 Baths, As stated Approx. 1,600 SF per floor (true jumbo Chicago layouts). Units have Fireplaces, Popular Exposed brick, Hardwood floors, New furnaces * Cabinetry * New gas meters/lines * and Much More. Many Updates within last 10 years * 3-Car garage with new doors * Two open space yards (front and back) * Enclosed rear porch (no exterior stair shoveling). Simply put this is a Solid, updated, oversized 4 unit that is income-producing and has a Excellent Appreciation location. Location & Transit basics: * Bessemer Park directly across the street * 1 minute to Skyway (90/94 access) * Lake Shore Drive access * Metra access (2 station options) * Six bus routes * Steelworkers Park and lakefront nearby * Commercial Ave shopping corridor plus new TIF district * Indiana retail minutes away.

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Open House

2/28/2026 11:30 AM - 1:00 PM
9041 S Muskegon Avenue Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 549,950

Bedrooms

12

Full Bath

5

Property Type

Multi-Family

Taxes

$ 6,771

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12566245

Features
General
Sewer Public Sewer
Heating Natural Gas Space Heater
Utilities Cable Available
Possession Specific Tenant's Rights
Roof Rubber
Zoning MULTI
Garage Spaces 3
Construction Materials Brick
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Gross Income 81500
Community Features Park Lake Gated Sidewalks Street Lights Street Paved
County Cook
Net Operating Income 56232
Insurance Expense 3500
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 27
Status New
Directions US 41 to 91st St west to Burley
City Chicago
High School District 299
MLS Area CHI - South Chicago
Tax Annual Amount 6771
Electric Expense 3000
Fuel Expense 3500
Trash Expense 0
Water Sewer Expense 3250
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 12
Total Baths 5
Bedrooms Possible 12
Full Baths Building 5
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Lot Features Corner Lot
Water Source Public
Total Parking 3
Foundation Details Block Concrete Perimeter
Lot Dimensions 125x25
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s) Water Heater-Gas
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* Excluded Features
List By
Keller Williams Onechicago

Broker

myrealtorphil@gmail.com

Email

Affordability Calculator

$3,950
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$564
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2026$549,950 Listed Price

Map


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9041 S Muskegon Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $549,950 with 6,200 sqft. 9041 S Muskegon Avenue has 12 bedrooms and 5.0 baths. The property's zip code is 60617 which is in Chicago, IL