9041 S Muskegon Ave

Chicago, IL 60617
  • $549,950

    Price
  • 12

    Bed
  • 5

    Bath
  • 0

    SqFt

Open House Times

  • Mon. Mar. 02 at 12:00pm to 1:00pm
  • Thu. Mar. 05 at 12:00pm to 1:00pm
  • Sat. Mar. 07 at 12:00pm to 1:00pm
  • Sun. Mar. 08 at 12:00pm to 2:00pm

About the Listing 87738 - 118492

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.

Listing Highlights

Status Active
Days on Site 2
Property Type Multi-Family
MLS ® 12566245
Year Built
Total Square Footage 0
Lot/Acreage 125x25
County Cook
School District 299

Interior Details

  • Bedrooms: 12
  • Bathrooms: 5 Full
  • Appliances: CO Detectors,Ceiling Fan(s),Water Heater-Gas
  • Air Cond:
  • Heating: Natural Gas,Space Heater
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Corner Lot
  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Lot Dimensions: 125x25
  • Zoning: MULTI
  • Roof: Rubber
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $6,771
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 26062210140000
  • Tax Year: 2024

Payment Calculator

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Questions About..

9041 S Muskegon Ave Chicago, IL 60617

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Originating MLS: mred

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