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Listing provided courtesy of HomeSmart Realty GroupMREDas Distributed by MLSGrid- MLS# 12611815MLS Provider

8841 S Muskegon AvenueChicago, IL 60617

Multi-Family · 8 Beds
$450,000 Active

8841 S Muskegon Avenue Overview

Time on Site:
83 days
Visits:
0

Step into a standout investment opportunity with this 3-unit building perfect for investors or owner occupants! Completely rehabbed in 2023, this property offers the perfect mix of modern upgrades and strong income potential including all-new electrical and plumbing systems, stylish kitchens and bathrooms, stainless steel appliances, and classic hardwood flooring throughout. The building includes two spacious 3-bedroom units and one comfortable 2-bedroom unit, providing consistent rental income potential. A rare 3-car garage adds even more value, offering ample parking, storage, or additional income possibilities. Conveniently located near the new Illinois Quantum Campus, as well as parks, shopping, and public transportation, this property is perfectly positioned for future growth and everyday convenience. Don't miss your chance to own an updated, income-generating property in a neighborhood full of potential and opportunity!

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8841 S Muskegon Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1925

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - South Chicago
  • Township: Hyde Park

Community/Development

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Tax Information

  • Tax Annual Amount: $3,887.72
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 26062070130000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 3

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 8
  • Bedrooms Possible: 8
  • Full Baths Building: 3

General Information

  • Basement: Finished, Partial
  • Heating: Natural Gas, Forced Air
  • Rooms Total: 20

Exterior

Parking Information

  • Parking Features: Yes, Garage Owned, Detached, Garage
  • Parking Total: 3

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 37x140
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1450
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1600
  • Beds Total: 3
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 1600
  • Beds Total: 3
  • Baths Total: 1

8841 S Muskegon Avenue Neighborhood

Community

60617 (Chicago) Demographics

37
Median Age
5,348
Population Density (per sq. mile)
28%
College Educated
$43,642
Estimated Median Income
16,451
Estimated Total Home Owners
12,722
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8841 S Muskegon Avenue Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8841 S Muskegon Avenue Market Data

Based on the last 30 days in this zip code

$215,942
Average List Price
$154
Average Price per Square Foot
36
Properties Sold
86
Average Days on Market
161
Properties for Sale
Calculations provided by Reliance Network

8841 S Muskegon Avenue History

Date Event Value Agent
6/11/2026Source: MRED Status Change
Active
6/6/2026Source: MRED Status Change
Re-activated
5/15/2026Source: MRED Status Change
Contingent
4/12/2026Source: MRED Status Change
Active
4/7/2026Source: MRED Added to Database
April 07, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022