17-Unit Apartment
7951 S Muskegon Avenue, Chicago, IL 60617
For Sale
$549,900
Built in 1925 near the Cheltenham/79th Street Metra stop and Rainbow Beach.
Property SizeContact for details
Days on Market279
Property Features for 7951 S Muskegon Avenue
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Buildings
Listing Agency:
Chicago Real Estate Resources
Listed By:
Steven Rapoport · License #471006648
(847) 863-2707
Source:
Dawnmckennagroup
Added: Feb 2
Changed: Nov 7
Last Checked: Nov 6 at 5:21PM
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
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Investment Insights
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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
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Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
755
Businesses Nearby
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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
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Market
Properties on Market for Apartment buildings in Chicago
Vacancy Rate% for Multifamily in Midwest region
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 $549,900.
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
