9041 S Muskegon Avenue, Chicago, IL 60617
Local realty services provided by:ERA Naper Realty
9041 S Muskegon Avenue,Chicago, IL 60617
$549,950
- 12 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Mar 0711:15 am - 12:45 pm
Listed by: phillip buoscio
Office: keller williams onechicago
MLS#:12566245
Source:MLSNI
Price summary
- Price:$549,950
About this home
Solid Chicago Brick 4-FLAT On Bright Corner Facing Park with Sun-Drenched Updated Units To Make You $81K annual rent at only a 550 k price point, less than 1 MILE TO QUANTUM SHORE park expected to have a $20 billion impact and bring thousands of jobs over the next decade (that's O'Hare Airport-level impact). The rents vs price and appreciation make this an amazing deal (GRM is below a 7 . Investment Math is excellent: 7 ie. 81 x 7 = 567 value). You layout twice as much for the same rent elsewhere in this city not next to Billion Dollar Dev's with government backed future. This is a strategic positioning play for * House hackers * Long-term buy-and-hold investors * Portfolio builders seeking early infrastructure alignment. Projected recently improved and professionally managed. Rental Income $6,830/month * All tenants have consistent history. * Plug-in ready with owner-occupy loan option ( we will vacate a unit for owner occupier). The Building has 11 Bedrooms | 5 Baths, As stated Approx. 1,600 SF per floor (true jumbo Chicago layouts). Units have Fireplaces, Popular Exposed brick, Hardwood floors, New furnaces * Cabinetry * New gas meters/lines * and Much More. Many Updates within last 10 years * 3-Car garage with new doors * Two open space yards (front and back) * Enclosed rear porch (no exterior stair shoveling). Simply put this is a Solid, updated, oversized 4 unit that is income-producing and has a Excellent Appreciation location. Location & Transit basics: * Bessemer Park directly across the street * 1 minute to Skyway (90/94 access) * Lake Shore Drive access * Metra access (2 station options) * Six bus routes * Steelworkers Park and lakefront nearby * Commercial Ave shopping corridor plus new TIF district * Indiana retail minutes away.
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Home facts
- Listing ID #:12566245
- Added:7 day(s) ago
- Updated:March 07, 2026 at 04:45 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:27
- Basement:Yes
Heating and cooling
- Heating:Natural Gas, Space Heater
Structure and exterior
- Roof:Rubber
- Lot Features:Corner Lot
- Foundation Description:Block, Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$549,950
- Tax amount:$6,771 (2024)
Features and amenities
- Amenities:CO Detectors, Ceiling Fan(s)
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