8518 S Muskegon Avenue Chicago, IL $ 289,900
8518 S Muskegon Avenue
$ 289,900
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8518 S Muskegon Avenue

Chicago, IL, 60617
$ 289,900
Bedrooms6 Baths4.1

Monthly Estimate*

$ 1,830

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Multi-Family Home for sale in Chicago, IL

for $289,900 with 6 bedrooms and 4 full baths, 1 half bath. This home was built in 1904.

Spacious legal 2-unit brick building on an oversized double lot offering approximately 2,688 sq. ft. of living space. This income-producing property features 7 bedrooms, 3.5 bathrooms, a detached garage, an unfinished basement, and a walk-up attic providing additional storage and flexible-use space. One unit is currently tenant-occupied and generating rental income, while the other is rent-ready, offering immediate cash flow and outstanding value-add potential for an investor or owner-occupant looking to build equity through strategic improvements. Recent updates include a roof certified within the last three years, select electrical and plumbing improvements, new stainless steel appliances in both units, an updated kitchen with quartz countertops, beautifully renovated bathrooms, new flooring, fresh interior paint, and a freshly painted exterior. Located in an area experiencing continued investment and redevelopment, surrounded by both recently renovated homes and current projects, this property offers exceptional long-term potential. Conveniently located near schools, parks, shopping, public transportation, and major expressways. Property is being sold As-Is. Buyers are encouraged to conduct their own due diligence and independently verify all room counts, dimensions, zoning, and intended use.

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Multi-Family Contingent

Price

$ 289,900

Bedrooms

6

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 1,899

Style

Year Built

1904

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12714390

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 2
Construction Materials Aluminum Siding Vinyl Siding Steel Siding Brick
Year Built 1904
Township Hyde Park
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 13
Status Contingent
Directions 87th St. East to Muskegon then head North to address.
City Chicago
High School District 299
MLS Area CHI - South Chicago
Tax Annual Amount 1899
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full Walk-Out Access
Total Bedrooms 6
Total Baths 4
Bedrooms Possible 6
Full Baths Building 3
Half Baths Building 1
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 50X125
Waterfront Y/N N
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* Excluded Features
List By
Real People Realty

Broker

agrovesrpr@outlook.com

Email

Affordability Calculator

$1,989
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,830
Monthly Property Taxes
$158
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/24/2026$289,900 Listed Price

Map


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8518 S Muskegon Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $289,900. 8518 S Muskegon Avenue has 6 bedrooms, 4.1 baths, and was built in 1904. The property's zip code is 60617 which is in Chicago, IL