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$198,984
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Property Description
Looking for a solid turn-key investment? Here it is, this property will cash flow from day 1. Both units are currently rented and in good condition. HVAC systems installed 3 years ago. *** Please note CHA has approved an increase in the rent for unit 2 starting July 1 *** This is a solid investment! Call for details on new rent amount.
Full Property Details
Full Property Details for 8523 S Muskegon Ave
General
- Sold For: $198,984
- Taxes: $2,692 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12602984
- Added to Site: 55 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 2
- Parking Features: None, Yes, Other
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: MUSKEGON IS ONE WAY SOUTH BOUND
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: None
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Cape Cod
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Finished, Daylight
- Roof: Asphalt
- Year Built: 1913
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1913
- Tax Amount: $2,692.2
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 21314170100000
Listed by RE/MAX Mi Casa
Sold by Compass
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Schools
Schools serving 8523 S Muskegon Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mireles Elementary Academy 9000 South Exchange Avenue, Chicago, IL 60617 | K-8 | 0.6 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8523 S Muskegon Ave
Date
Details
Price
Change
Source
5/19/2026
Sold
$198,984
-5.25%
MLS
3/26/2026
Listed
$210,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8523 S Muskegon Avenue, Chicago, IL 60617 (MLS# 12602984) is a Multi-Family property that was sold at $198,984 on May 19, 2026. Want to learn more about 8523 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.

