17-Unit Multifamily
7951 South Muskegon Avenue Chicago, IL 60617
For Sale
$774,900
Seventeen-unit residential income property offered for sale, with potential to be combined with an adjacent 16-unit opportunity.
Property Size7,254 SF
Price / SF$106.82
Days on Market186
Property Features for 7951 South Muskegon Avenue
General Information
- Standard status
- Active
- Size
- 7,254 SF
- Property subtype
- Multi Family 5+ / Corridor-Interior Entrance
Building Details
- Year Built
- 1925
Listing Agency:
Chicago Real Estate Resources
(847) 863-2707
Listed By:
Steven Rapoport · License #471006648
(847) 863-2707
Source:
Compass
Added: Jan 22
Changed: Jul 23
Last Checked: Jul 24 at 12:50PM
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 multifamily property is offered for sale and is positioned for value-add investors seeking opportunities to build sweat equity. The property may also be combined with 7957–7959 S Muskegon Ave, which would add an additional 16 units available from the same seller.
7951 S Muskegon Ave is described as well-positioned for growth, including proximity to the upcoming quantum Shore development, anticipated to drive demand for quality housing. The location is also noted as being just down the street from the Cheltenham/79th Street Metra stop and within walking distance to Rainbow Beach.
As presented, the offering is a 17-unit residential income building at 7951 South Muskegon Avenue, Chicago, IL 60617.
7951 S Muskegon Ave is described as well-positioned for growth, including proximity to the upcoming quantum Shore development, anticipated to drive demand for quality housing. The location is also noted as being just down the street from the Cheltenham/79th Street Metra stop and within walking distance to Rainbow Beach.
As presented, the offering is a 17-unit residential income building at 7951 South Muskegon Avenue, Chicago, IL 60617.
Key Highlights
- 17‑unit residential income building built in 1925
- Potential to be combined with adjacent 16‑unit opportunity (7957‑7959 S Muskegon Ave)
- Next to/near upcoming quantum Shore mixed‑use development anticipated to drive demand for quality housing
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Seventeen-unit residential income property offered for sale, with potential to be combined with an adjacent 16-unit opportunity.
Where is this apartment building located?
The property is located at 7951 South Muskegon Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $774,900.
What are key features of this property?
This property features: 17‑unit residential income building built in 1925; Potential to be combined with adjacent 16‑unit opportunity (7957‑7959 S Muskegon Ave); Next to/near upcoming quantum Shore mixed‑use development anticipated to drive demand for quality housing
