7959 S Muskegon Avenue

Property feature image
Property gallery image
Property gallery image
Property gallery image
Address: 7959 S Muskegon Ave, Chicago, IL 60617, USA
Chicago & Midwest + Apartment Buildings
Created date: February 2, 2026
Date last updated: September 25, 2026
Price: $549,900Investment Analyzer NEW!

Property Description

16 unit building ideal for value-add investors looking to build sweat equity. Can be combined with 7951 S Muskegon Ave, adding an additional 17 units available from the same seller. 7957-7959 S Muskegon Ave is well-positioned for growth with its proximity to the upcoming Quantum Shore development, a transformative mixed-use project that is anticipated to drive demand for quality housing. This location offers investors a rare opportunity to capitalize on early-stage momentum in a rapidly evolving location. Additionally, this property is located just down the street from the Cheltenham/79th Street Metra stop and walking distance to Rainbow Beach.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $549,900
No. of Units: 16
Year Built: 1929
Opportunity Zone: No
Price per unit: $34,369
Property Website Click Here
Number of Bedrooms: 16
Number of Bathrooms: 16
Address: 7959 S Muskegon Avenue, Chicago, IL 60617, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

619 E 102nd Place

Chicago, Illinois
Chicago & Midwest + Apartment Buildings
Price: $270,000

424 S Lincoln Avenue

Aurora, Illinois
Chicago & Midwest + Apartment Buildings
Price: $330,000

7139 S Saint Lawrence Avenue

Chicago, Illinois
Chicago & Midwest + Apartment Buildings
Price: $149,900

Brokers

View All

Lenders

View All