9041 S Muskegon Avenue, Chicago, IL 60617
9041 S Muskegon Avenue, Chicago, IL 60617
9041 S Muskegon Avenue, Chicago, IL 60617
9041 S Muskegon Avenue, Chicago, IL 60617
9041 S Muskegon Avenue, Chicago, IL 60617
9041 S Muskegon Avenue, Chicago, IL 60617
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Listed by Phillip Buoscioof Keller Williams ONEChicago
Bought with Caleb Lyzenga of Realty Executives Premier Illinois

$530,000

$549,950

3.6%
Est.Price: ?

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Est. payment /mo

11 Beds


SOLD DATE : 04/10/2026

Key Details

Sold Price $530,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12566245

Sold Date 04/10/26

Bedrooms 11

Annual Tax Amount $6,571

Tax Year 2024

Lot Dimensions 130x25

Property Sub-Type Two to Four Units

Property Description

Solid Chicago Brick 4-FLAT Updated Units & 3 Car Garage, less than 1 MILE TO QUANTUM SHORE park expected to have a 10 billion impact over the next decade. 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 Developments 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. Units 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. 1,700 SF per floor (true jumbo Chicago layouts). Units have Fireplaces, Popular Exposed brick, Hardwood floors, New furnaces, New Roof Recoat, New Cabinetry, New gas meters/lines(moved to outside), 2 New Garage Doors and New Auto Openers amd tracks, Brand New Gutters, Window Capping and many Windows Just Replaced. New roof. 3 Brand New Furnaces. Many Updates Just Completed. 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.

Location

State IL

County Cook

Community Park, Lake, Gated, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas, Space Heater

Fireplace N

Exterior

Garage Spaces 3.0

Utilities Available Cable Available

View Y/N true

Roof Type Rubber

Building

Lot Description Corner Lot

Foundation Block, Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States

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