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About the Listing 86530 - 886811,189288
Position yourself for the future of South Chicago with this solid 2-unit multifamily property offering immediate income potential and exciting long-term upside. This solid 2-unit multifamily property features two spacious 2-bedroom, 1-bath units, plus in-law suite off the second floor-offering additional flexibility for extended living, storage, or future value-add possibilities. Whether you're an investor seeking income and long-term upside or an owner-occupant looking to build equity, this property offers an exciting opportunity to establish a foothold in an area positioned for significant investment and redevelopment. Located just minutes from the highly anticipated Quantum Shore development near 87th Street & Lake Shore Drive, including the Illinois Quantum & Microelectronics Park and PsiQuantum campus, the surrounding area is poised to benefit from major public and private investment, new infrastructure, employment opportunities, and continued economic development. A new state-of-the-art hospital is also planned as part of the broader redevelopment of the area. The location adds even more appeal. The property is also just blocks from the Commercial Avenue corridor, providing convenient access to grocery stores, neighborhood retail, restaurants, shopping, and everyday necessities. Bessemer Park, area schools, public transportation, and other neighborhood amenities are all nearby. Additional highlights include a 2-car garage and convenient access to major transportation routes and the lakefront. With immediate income potential, flexible additional space, and proximity to one of the most significant redevelopment initiatives on Chicago's South Side, this property presents a compelling opportunity for buyers looking beyond today's value toward the neighborhood's long-term potential. Invest now. Build equity. Position yourself for South Chicago's next chapter.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 3125
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Detached,Garage
Financial Details
- Tax Amount: $2,089
- Taxes w/Assessments: N/A
- Tax/Property ID: 21314160340000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
8534 S Muskegon Ave Chicago, IL 60617
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