About 7951 South Muskegon Avenue
17-unit building ideal for value-add investors looking to build sweat equity. Can be combined with 7957-7959 S Muskegon Ave, adding an additional 16 units available from the same seller. 7951 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.
Features of 7951 South Muskegon Avenue
| MLS® # | 12449470 |
|---|---|
| Price | $800,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1925 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Active |
Community Information
| Address | 7951 South Muskegon Avenue |
|---|---|
| Area | CHI - South Chicago |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60617 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | None |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior | Brick |
|---|---|
| Foundation | Other |
Additional Information
| Days on Market | 59 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Chicago Real Estate Resources |
|---|---|
| Contact Info | 773-327-9300 |