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18 Properties Within 0.5 miles of: 9041 S Muskegon, Chicago

9041 S Muskegon
Chicago, IL 60617

  • 12 Beds
Price

$549,950

Est Payment
$3,196 / month (details)  
Taxes
$6,771  
Beds
12  
Rooms
27  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
125x25  
Neighborhood
South Chicago  
MLS
#12566245
Status
Active (2 days)

Property Description

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.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Space Heater
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
3 Garage Spaces, Garage Door Opener, Yes, Garage Owned, Detached, Garage, Parking included in price
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

02-27-2026 Listed at $549,950
Last Modified 2/27/26 10:04 AM

Nearby Transportation

  • Bus 30 0.1 mi
  • Bus 71 0.2 mi
  • Bus 95 0.2 mi
  • Bus 5 0.2 mi
  • Bus 26 0.2 mi
  • Bus 87 0.2 mi
  • Bus 100 0.7 mi
  • Bus 15 1.1 mi
  • Bus J14 1.1 mi
  • Metra Electric 0.5 mi
  • I 90 West 0.2 mi
  • I 90 East 1.3 mi
  • I 94 West 2.1 mi
  • I 94 East 2.3 mi
  • I 90 East 2.5 mi
  • Hwy 57 3.9 mi
  • Hwy 57 4.6 mi
grid
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