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
Please use the print button to include maps when printing.
For more information about 9041 S Muskegon, Chicago, IL 60617 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Keller Williams ONEChicago
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.