8534 S Muskegon Avenue
Chicago, IL 60617
5
Bed
3
Bath
Position yourself for the future of South Chicago with this solid 2-unit multifamily property offering immediate income potential and exciting long-term upside. This solid 2-unit multifamily property features two spacious 2-bedroom, 1-bath units, plus in-law suite off the second floor-offering additional flexibility for extended living, storage, or future value-add possibilities. Whether you're an investor seeking income and long-term upside or an owner-occupant looking to build equity, this property offers an exciting opportunity to establish a foothold in an area positioned for significant investment and redevelopment. Located just minutes from the highly anticipated Quantum Shore development near 87th Street & Lake Shore Drive, including the Illinois Quantum & Microelectronics Park and
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 5Bathroom Information
Total Baths: 3Room Information
Rooms Total: 13Interior Features
Roof: AsphaltRoofing Information
Asphalt -
Flooring Information
Construction Materials: Vinyl Siding -
Heating & Cooling
Heating: Natural Gas WaterSource: Lake Michigan, Public
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Building Information
Year Built: 1914
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Lot Information
Lot Dimensions: 3125 Lot Size: Less Than .25 AcreProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$169900
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Tax Information
Annual Tax: $2089.44 Tax Year: 2024 Parcel Number: 21314160340000
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Parking Information
Total Parking: 2 Yes, Detached, GarageGarage Information
Garage Space: 2
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Utility Information
Sewer: Public Sewer Water Source: Lake Michigan, Public -
Location Information
City: Chicago Direction: Take Lake Shore Dr south to 87th St. Head west on 87th St, north on Burnham Ave, east on 85th St, then south on Muskegon Ave to 8534 S Muskegon Ave.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 11121 S Ewing Avenue, Chicago, IL, 60617 | $279,900 | 3 | 2 | 1,056 | 1,056 SqFt |
| 8613 S Colfax Avenue, Chicago, IL, 60617 | $263,000 | 5 | 2 | 1,808 | 1,808 SqFt |
| 2504 E 96th Street, Chicago, IL, 60617 | $215,000 | 2 | 2 | 937 | 937 SqFt |
| 9824 S Escanaba Avenue, Chicago, IL, 60617 | $299,900 | 4 | 2 | 970 | 970 SqFt |
| 9314 S Colfax Avenue, Chicago, IL, 60617 | $329,900 | 4 | 2 | 2,200 | 2,200 SqFt |
| 10426 S Calhoun Avenue, Chicago, IL, 60617 | $239,000 | 4 | 2 | 3,125 | 3,125 SqFt |
| 11022 S State Line Road, Chicago, IL, 60617 | $285,000 | 5 | 1 | 1,400 | 1,400 SqFt |
| 11031 S Mackinaw Avenue, Chicago, IL, 60617 | $325,500 | 3 | 2 | 1,896 | 1,896 SqFt |
| 8504 S Baltimore Avenue, Chicago, IL, 60617 | $274,900 | 6 | 3 | 1,700 | 1,700 SqFt |
| 10508 S Bensley Avenue, Chicago, IL, 60617 | $249,900 | 3 | 2 | 1,032 | 1,032 SqFt |
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Based on information submitted to the MLS GRID as of 08/27/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 08/27/2026 @ 06:20
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