9041 Muskegon Avenue, South Chicago, Chicago, Illinois 60617
$549,950
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 12 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $6,771 |
| Days On Market: | 11 |
| Lot Size: | 0,00 |
Description
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. 1,800 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 Just Done * 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.
Property Specifics
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| Cook | |
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| 12566245 | |
| 26062210140000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 4 Mar, 2013 | Sold | $56,900 | MRED MLS |
| 1 Feb, 2013 | Under contract | $56,900 | MRED MLS |
| 25 Jan, 2013 | Listed for sale | $56,900 | MRED MLS |
| 9 Mar, 2026 | Under contract | $549,950 | MRED MLS |
| 27 Feb, 2026 | Listed for sale | $549,950 | MRED MLS |
Room Specifics
Total Bedrooms: 12
Bedrooms Above Ground: 12
Bedrooms Below Ground: 0
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Full Bathrooms: 5
Bathroom Amenities: —
Bathroom in Basement: 0
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Other Specifics
| 3 | |
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| 125x25 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2013 | $4,780 |
| 2026 | $6,771 |
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Listing Provided By
Keller Williams ONEChicago
