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$310,000
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Property Description
Time to get off the sidelines!!! Recently updated two unit building located in a highly appreciating neighborhood! 6 bedrooms total with 3 baths! Top unit is a 4 bedroom 2 bath duplex-up that can make an incredible owner's unit or rental unit with high cash flow possibility! Market for a 4bed 2bath in the area ranges from $2600-$3400 according to CHA's site. The building is ready to go with newer electric, newer plumbing, and newer hvac! Incredible layout, tons of natural sunlight, forced heat, and a full unfinished basement. New attached microwaves and new exhausts. All utilities are separate with 2 hot water tanks, 2 furnaces and separate electric meters! Tenants pay their own utilities! This building is located close to local shops and restaurants on popular Commercial Avenue. Centrally located, and close to parks, Rainbow Beach, Lake Shore Drive, parks, and public transportation! SUPER LOW TAXES & a highly appreciating neighborhood makes for a perfect investment!
Full Property Details
Full Property Details for 8423 S Muskegon Ave
General
- Sold For: $310,000
- Taxes: $1,793 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12459837
- Added to Site: 138 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 1
- Parking Features: Yes
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: South to 84th right on Muskegon
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Unfinished, Full
- Year Built: 1916
- Built Before 1978: Yes
- Remodeled/Updated: 2021
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4125
Financial Considerations
- Assessment Year: 1916
- Tax Amount: $1,793
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 21314100090000
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Schools
Schools serving 8423 S Muskegon Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ninos Heroes Elementary Academic Center 8344 South Commercial Avenue, Chicago, IL 60617 | PK-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8423 S Muskegon Ave
Date
Details
Price
Change
Source
11/25/2025
Sold
$310,000
—
MLS
8/31/2025
Listed
$310,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8423 S Muskegon Avenue, Chicago, IL 60617 (MLS# 12459837) is a Multi-Family property that was sold at $310,000 on November 25, 2025. This property was listed by Dexter Harper from our Lincoln Park Office.Want to learn more about 8423 S Muskegon Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.


