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$530,000
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Property Description
Solid Chicago Brick 4-FLAT Updated Units & 3 Car Garage, less than 1 MILE TO QUANTUM SHORE park expected to have a 10 billion impact over the next decade. 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 Developments 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. Units 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. 1,700 SF per floor (true jumbo Chicago layouts). Units have Fireplaces, Popular Exposed brick, Hardwood floors, New furnaces, New Roof Recoat, New Cabinetry, New gas meters/lines(moved to outside), 2 New Garage Doors and New Auto Openers amd tracks, Brand New Gutters, Window Capping and many Windows Just Replaced. New roof. 3 Brand New Furnaces. Many Updates Just Completed. 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.
Full Property Details
Full Property Details for 9041 S Muskegon Ave
General
- Sold For: $530,000
- Taxes: $6,571 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12566245
- Added to Site: 46 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 11
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Water Heater-Gas
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: US 41 to 91st St, west to Burley
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Space Heater
Utilities
- Water: Public
- Onsite: Cable Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Block, Concrete Perimeter
- Roof: Rubber
- Built Before 1978: Yes
- Remodeled/Updated: 2015
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 130 x 25
- Fence: Yes
- Lot Features: Corner Lot
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Tax Amount: $6,571.06
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 26062210140000
Listed by Keller Williams ONEChicago
Sold by Realty Executives Premier Illinois
Get Pre-Approved Today
Schools
Schools serving 9041 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 | 0.1 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.3 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 9041 S Muskegon Ave
Date
Details
Price
Change
Source
4/10/2026
Sold
$530,000
-3.63%
MLS
2/27/2026
Listed
$549,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9041 S Muskegon Avenue, Chicago, IL 60617 (MLS# 12566245) is a Multi-Family property that was sold at $530,000 on April 10, 2026. Want to learn more about 9041 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.

