Updated Chicago Brick Investment
9041 S Muskegon Avenue, Chicago, IL 60617
Four-unit building near future Quantum Shore development.
Type:Multifamily
Property size:
6,400 SFPrice / SF:
$85/SF- Added:
- Feb 18, 2026
- Days on Market:
- 94
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 9041 S Muskegon Avenue
General Information
- Standard status
- Active
- Size
- 6,400 SF
- Property subtype
- Multifamily
Listing agent Phil Buoscio License #47 I 1.004200
Listing office Keller Williams ONE Chicago
Listing date Feb 18, 2026
Source Crexi
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 Keller Williams ONE Chicago
HighLights
- High income potential: $81K annual rent with a GRM below 7.
- Strategic location: Less than 1 mile to Quantum Shore development expected to have a $20 billion impact.
- Updated units: Many updates within the last 10 years, including new furnaces, cabinetry, and gas meters/lines.
- Solid Chicago brick 4‑flat with jumbo layouts (approx. 1,600 SF per floor).
- Plug‑in ready with owner‑occupy loan option (unit can be vacated).
- Convenient location: Across from Bessemer Park, 1 minute to Skyway, and close to Lake Shore Drive, Metra, and bus routes.
Overview
This solid Chicago brick four-flat building is located on a bright corner facing a park. The property features updated, sun-drenched units. The building contains 11 bedrooms and 5 baths, with approximately 1,600 square feet per floor. Units feature fireplaces, exposed brick, and hardwood floors. Updates within the last 10 years include new furnaces, cabinetry, and gas meters/lines. The property includes a 3-car garage with new doors, two open space yards (front and back), and an enclosed rear porch. The property is located across the street from Bessemer Park, one minute from Skyway (90/94 access), and near Lake Shore Drive access, Metra access, six bus routes, Steelworkers Park, the lakefront, the Commercial Ave shopping corridor, and Indiana retail. It is less than 1 mile to Quantum Shore park. The building is intended for house hackers, long-term buy-and-hold investors, and portfolio builders seeking early infrastructure alignment. The property is projected to be recently improved and professionally managed. The current rental income is $6,830 per month. All tenants have a consistent history. There is an owner-occupy loan option available, and one unit can be vacated for an owner-occupier.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.5550216
- Latitude
- 41.730608
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit building near future Quantum Shore development.
Where is this quadplex located?
The property is located at 9041 S Muskegon Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $549,950.
What are key features of this property?
This property features: High income potential: $81K annual rent with a GRM below 7.; Strategic location: Less than 1 mile to Quantum Shore development expected to have a $20 billion impact.; Updated units: Many updates within the last 10 years, including new furnaces, cabinetry, and gas meters/lines.
