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Two-Unit Duplex with Garage
For Sale
$169,900

8534 S Muskegon Ave, Chicago, IL 60617

Each residence includes two bedrooms and one bath, with additional second-floor in-law space.

Property SizeContact for details
Days on Market35

Property Features for 8534 S Muskegon Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1914
Buildings 1
Listing Agency: Bloom/Sanchez Realty, Inc.
Listed By: Daniel Sanchez · License #475194231
Source: Searchillinoishomesforsale
Added: Aug 14 Changed: Sep 12 Last Checked: Sep 16 at 9:31PM

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 Bloom/Sanchez Realty, Inc.

Investment Insights

Based on property information with market context.

Built in 1914, this duplex contains two residential units, each configured with 2 bedrooms and 1 bath. An in-law suite extending from the second floor adds flexible space for extended living or storage. The property also includes a 2-car garage.

Located at 8534 S Muskegon Ave in Chicago, the property is near Commercial Avenue, Bessemer Park, area schools, public transportation, and lakefront access. Grocery stores, restaurants, neighborhood retail, and other daily services are located along the nearby commercial corridor. The property is also near the planned Quantum Shore development around 87th Street and Lake Shore Drive, including the Illinois Quantum & Microelectronics Park and PsiQuantum campus, as well as a planned hospital project.

Key Highlights

  • Two‑unit duplex with two 2‑bedroom, 1‑bath residences
  • Second‑floor in‑law suite provides additional flexible space
  • 2‑car garage included

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Cafe & Coffee Shop Pharmacy HVAC Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

650
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Each residence includes two bedrooms and one bath, with additional second-floor in-law space.
Where is this duplex located?
The property is located at 8534 S Muskegon Ave Chicago, IL.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two‑unit duplex with two 2‑bedroom, 1‑bath residences; Second‑floor in‑law suite provides additional flexible space; 2‑car garage included
More about this property
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