16-Unit Multifamily
7959 S Muskegon Avenue Chicago, IL 60617
For Sale
Under Contract
$599,900
MULTI_FAMILY - Chicago, IL
Days on Market175
Property Features for 7959 S Muskegon Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 16
- Bathrooms
- 16
- Rooms
- Bedroom 16, Bathroom 8, Bathroom 15, Bedroom 6, Bathroom 6, Bathroom 11, Bedroom 10, Bedroom 5, Bathroom 3, Bathroom 16, Bathroom 2, Bathroom 10, Bedroom 2, Bedroom 14, Bedroom 3, Bedroom 4, Bedroom 11, Bedroom 12, Bedroom 1, Bathroom 9, Bedroom 7, Bathroom 12, Bathroom 1, Bathroom 7, Bedroom 9, Bathroom 5, Bedroom 8, Bathroom 14, Bathroom 13, Bedroom 13, Bathroom 4, Bedroom 15
- Standard status
- Active Under Contract
- APN
- 21312010360000
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 15410
Building Details
- Year built
- 1929
- Floors in Building
- 3
- Number of units
- 16
Listing Agency:
Chicago Real Estate Resources
(773) 327-9300
Listed By:
Steven Rapoport · License #471006648
(773) 327-9300
Added: Feb 2
Changed: Jul 16
Last Checked: Jul 27 at 6:06AM
MLS# 12559454
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale property is a 16-unit multifamily apartment building. The offering is positioned as an investor opportunity, and the seller notes it can be combined with an additional nearby building.
The property is located at 7959 S Muskegon Avenue in Chicago, IL 60617. The public remarks state it is just down the street from the Cheltenham/79th Street Metra stop and within walking distance to Rainbow Beach. The remarks also reference an upcoming Quantum Shore development in the area.
For buyers assembling a small multifamily portfolio, this 16-unit building offers a straightforward acquisition. The seller indicates it may be combined with 7951 S Muskegon Ave, adding an additional 17 units for a larger total of 33 units across the two properties, available from the same seller. That combination may appeal to investors looking to consolidate underwriting and acquisition across adjacent opportunities while maintaining a manageable scale.
The property is located at 7959 S Muskegon Avenue in Chicago, IL 60617. The public remarks state it is just down the street from the Cheltenham/79th Street Metra stop and within walking distance to Rainbow Beach. The remarks also reference an upcoming Quantum Shore development in the area.
For buyers assembling a small multifamily portfolio, this 16-unit building offers a straightforward acquisition. The seller indicates it may be combined with 7951 S Muskegon Ave, adding an additional 17 units for a larger total of 33 units across the two properties, available from the same seller. That combination may appeal to investors looking to consolidate underwriting and acquisition across adjacent opportunities while maintaining a manageable scale.
Key Highlights
- 16‑unit building built in 1929
- Address includes 7957–7959 S Muskegon Ave
- Can be combined with 7951 S Muskegon Ave for an additional 17 units (from the same seller)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - For-sale multifamily building for investors, with option to combine with nearby 17-unit offering from same seller.
Where is this apartment building located?
The property is located at 7959 S Muskegon Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 16‑unit building built in 1929; Address includes 7957–7959 S Muskegon Ave; Can be combined with 7951 S Muskegon Ave for an additional 17 units (from the same seller)
