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Seventeen-Unit Brick Apartment Building
For Sale
Under Contract
$599,900

7951 S Muskegon Avenue, Chicago, IL 60617

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market189

Property Features for 7951 S Muskegon Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 17
Bathrooms 17
Full bathrooms 17
Rooms Bedroom 15, Bathroom 6, Bedroom 7, Bedroom 6, Bathroom 16, Bathroom 2, Bathroom 17, Bathroom 10, Bedroom 4, Bedroom 14, Bathroom 11, Bedroom 13, Bedroom 8, Basement, Bedroom 2, Bathroom 5, Bathroom 13, Bedroom 11, Bathroom 8, Bedroom 10, Bathroom 14, Bedroom 3, Bedroom 16, Bathroom 15, Bedroom 12, Bedroom 5, Bedroom 9, Bathroom 1, Bathroom 12, Bathroom 9, Bathroom 3, Bedroom 17, Bathroom 7, Bathroom 4, Bedroom 1
Basement Unfinished
Directions 79TH STREET EAST OF YATES TO MUSKEGON SOUTH TO BUILDING
Subdivision CHI - South Chicago
Standard status Active Under Contract
APN 21312010350000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17459

Building Details

Year built 1925
Floors in Building 3
Number of units 17
Building materials Brick
Listing Agency: Chicago Real Estate Resources
Listed By: Steven Rapoport · License #471006648
Added: Feb 2 Changed: Aug 1 Last Checked: Aug 10 at 7:06AM
MLS# 12559449

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.

Brick 17-unit apartment building with construction materials noted as brick and a year built of 1925. The property sits on a 0.1665-acre lot and includes a basement. The provided room configuration list includes bedrooms and bathrooms labeled from 1 through 17, reflecting interior unit layouts with 17 bedrooms and 17 bathrooms as configured in the listing details.

The address is 7951 S Muskegon Avenue in Chicago, IL 60617. The property is described as being just down the street from the Cheltenham/79th Street Metra stop and within walking distance to Rainbow Beach. The listing also notes the site’s proximity to the upcoming quantum Shore development, described as a mixed-use project anticipated to drive demand for quality housing.

For sellers seeking a larger package, the listing indicates this building can be combined with 7957-7959 S Muskegon Ave, adding an additional 16 units available from the same seller.

Key Highlights

  • 17‑unit brick apartment building built in 1925
  • 0.1665‑acre lot with basement
  • Room configuration lists 17 bedrooms and 17 bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Building Supply Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17
Residential units

Location Intelligence

Trade Area within ½ mile

755
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick 17-unit apartment building on a 0.1665-acre lot with basement and unit interior bedroom and bathroom configurations.
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 brick apartment building built in 1925; 0.1665‑acre lot with basement; Room configuration lists 17 bedrooms and 17 bathrooms
More about this property
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