17-Unit Apartment
For Sale
$599,900
7951 S Muskegon Avenue, Chicago, IL 60617
Built in 1925 near the Cheltenham/79th Street Metra stop and Rainbow Beach.
Property SizeContact for details
Days on Market217
Property Features for 7951 S Muskegon Avenue
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Additional Details
Public Transit
Yes
Multifamily Units
17
Taxes and HOA fees
Annual Taxes
$17,459
Building Details
Year Built
1925
Buildings
1
Listing Agency:
Chicago Real Estate Resources
Listed By:
Steven Rapoport · License #471006648
(847) 863-2707
Source:
Dawnmckennagroup
Added: Feb 2
Changed: Sep 4
Last Checked: Sep 7 at 6:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicago Real Estate Resources
Investment Insights
Based on property information with market context.
This 17-unit apartment building at 7951 S Muskegon Avenue was constructed in 1925. The property is offered separately, with the same seller also making 7957-7959 S Muskegon Ave available for a potential combined 33-unit acquisition.
The property is near the Cheltenham/79th Street Metra stop and within walking distance of Rainbow Beach. It is also close to the upcoming quantum Shore development, a planned mixed-use project identified in the listing as a future source of housing demand.
The property is near the Cheltenham/79th Street Metra stop and within walking distance of Rainbow Beach. It is also close to the upcoming quantum Shore development, a planned mixed-use project identified in the listing as a future source of housing demand.
Key Highlights
- 17‑unit apartment building
- Constructed in 1925
- Potential to combine with 7957‑7959 S Muskegon Ave for an additional 16 units
Property Analytics
Property Profile
Current Use
Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
755
Businesses Nearby
Explore this area
Business Placement
Demographics for 60617, IL
77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1925 near the Cheltenham/79th Street Metra stop and Rainbow Beach.
Where is this apartment building located?
The property is located at 7951 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: 17‑unit apartment building; Constructed in 1925; Potential to combine with 7957‑7959 S Muskegon Ave for an additional 16 units
