Back to Search
16-Unit Multifamily Building

7959 S Muskegon Avenue Chicago, IL 60617

Claim this Listing
For Sale
$599,900

MULTI_FAMILY - Chicago, IL

Added:
Feb 2, 2026
Days on Market:
160
Last Refresh:
Jul 12 at 9:06 am

Property Features for 7959 S Muskegon Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
16
Bathrooms
16
Rooms
Bedroom 13, Bathroom 10, Bedroom 9, Bathroom 2, Bathroom 11, Bathroom 14, Bedroom 1, Bathroom 13, Bathroom 3, Bathroom 6, Bedroom 12, Bedroom 11, Bedroom 6, Bathroom 7, Bedroom 14, Bedroom 2, Bedroom 10, Bathroom 12, Bathroom 15, Bedroom 3, Bathroom 8, Bathroom 16, Bathroom 1, Bathroom 9, Bedroom 5, Bedroom 8, Bathroom 5, Bedroom 15, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 16
Standard status
Active
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 agent Steven Rapoport License #471006648

Listing office Chicago Real Estate Resources 800 W. Diversey Pkwy FL 3, Chicago, IL

Listing date Feb 2, 2026

MLS# 12559454 Listing URL

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.

This for-sale property is a 16-unit multifamily apartment building. The offering is positioned as an investor opportunity, and the seller notes it can be combined with an additional nearby building.

The property is located at 7959 S Muskegon Avenue in Chicago, IL 60617. The public remarks state it is just down the street from the Cheltenham/79th Street Metra stop and within walking distance to Rainbow Beach. The remarks also reference an upcoming Quantum Shore development in the area.

For buyers assembling a small multifamily portfolio, this 16-unit building offers a straightforward acquisition. The seller indicates it may be combined with 7951 S Muskegon Ave, adding an additional 17 units for a larger total of 33 units across the two properties, available from the same seller. That combination may appeal to investors looking to consolidate underwriting and acquisition across adjacent opportunities while maintaining a manageable scale.

Key Highlights

  • 16‑unit building built in 1929
  • Address includes 7957–7959 S Muskegon Ave
  • Can be combined with 7951 S Muskegon Ave for an additional 17 units (from the same seller)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Building Supply Pharmacy Spa & Massage Center Accounting Firm Storage Facility Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - For-sale multifamily building for investors, with option to combine with nearby 17-unit offering from same seller.
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 building built in 1929; Address includes 7957–7959 S Muskegon Ave; Can be combined with 7951 S Muskegon Ave for an additional 17 units (from the same seller)
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message