16-Unit Apartment
For Sale
Under Contract
$599,900
7959 S Muskegon Avenue, Chicago, IL 60617
Commercial Sale, Chicago, IL
Property SizeContact for details
Days on Market208
Property Features for 7959 S Muskegon Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
16
Bathrooms
16
Full bathrooms
16
Rooms
Bedroom 6, Bathroom 16, Bedroom 4, Bathroom 14, Bedroom 2, Bathroom 15, Bedroom 16, Bedroom 12, Bedroom 14, Bedroom 13, Bathroom 1, Bathroom 9, Bathroom 11, Bathroom 2, Bedroom 3, Bedroom 9, Bedroom 8, Bedroom 11, Bedroom 15, Bathroom 5, Bedroom 1, Bathroom 7, Bathroom 8, Bathroom 10, Bathroom 3, Bedroom 7, Bathroom 4, Bathroom 12, Bathroom 13, Bathroom 6, Bedroom 5, Bedroom 10
Directions
Corner of Muskegon Ave and 80th Street
Subdivision
CHI - South Chicago
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: Aug 20
Last Checked: Aug 29 at 4:06AM
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.
Located at 7959 S Muskegon Avenue in Chicago, this apartment building contains 16 residential units, 16 bedrooms, and 16 bathrooms. Constructed in 1929, the property offers an established multifamily configuration for residential income use.
The building is near the Cheltenham/79th Street Metra stop and within walking distance of Rainbow Beach. It is also located near the planned Quantum Shore mixed-use development. An additional 17-unit property at 7951 S Muskegon Ave is available from the same seller and may be combined with this offering.
The building is near the Cheltenham/79th Street Metra stop and within walking distance of Rainbow Beach. It is also located near the planned Quantum Shore mixed-use development. An additional 17-unit property at 7951 S Muskegon Ave is available from the same seller and may be combined with this offering.
Key Highlights
- 16‑unit apartment building with 16 bedrooms and 16 bathrooms
- Built in 1929
- Near the Cheltenham/79th Street Metra stop
Property Analytics
Property Profile
Current Use
Lease Details
16
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Established multifamily property with 16 residential units and nearby rail access.
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 apartment building with 16 bedrooms and 16 bathrooms; Built in 1929; Near the Cheltenham/79th Street Metra stop
