$599,900
( )
$3,220 est/mo Sourced by Back At You7951 S Muskegon Avenue,Chicago, IL 60617
Chicago, IL 60617
Description
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.
Details
| MLS # | 12559449 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1925 |
| Days On Site | 202 |
| Listing Provided By | Chicago Real Estate Resources | Steven Rapoport |
Features
| Basement | Y |
|---|---|
| Story(s) | 3 |
| Units | 17 |
| Acreage | 7254.00 |
Interior
| Cooling | None |
|---|
Exterior
| Foundation Details | Other |
|---|---|
| Construction Materials | Brick |
Utilities
| Electric | Circuit Breakers, Other |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 17459 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60617 |
| Area | CHI South Chicago |
| Listing VS Median (in 60617) | |
Price: $599,900 low | high Med: $215,000 On site: 202 low | high Med: 290.5 | |
Market Activity 60617
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60617 |
| Area | CHI South Chicago |
| Listing VS Median (in 60617) | |
Price: $599,900 low | high Med: $215,000 On site: 202 low | high Med: 290.5 | |
Nearby Listings (Within 1/10 mile)
Price: $449K - $749K
sqft: 0 - 0
Listing Updated: July 17, 2026 at 4:52:11 PM PDT