8927 South Muskegon Avenue
8927 South Muskegon Avenue
$345,000
14
8
—
—
—
Listed By Compass
Description
((Motivated Sellers just Dropped the price!)) Really Decent looking property with some Good Value Add, (still needs a bit of work)... ((8 unit / But its a Legal 6 unit & There's 2 Buildings on the property)). The property is located in South Chicago directly across the street from Bessemer Park with a great swimming pool and tennis courts and right around the corner from Baker College Prep. Several units have been renovated being unit 1B, 2B, 3A, 3B and the coach house units. All the decks have been...((Motivated Sellers just Dropped the price!)) Really Decent looking property with some Good Value Add, (still needs a bit of work)... ((8 unit / But its a Legal 6 unit & There's 2 Buildings on the property)). The property is located in South Chicago directly across the street from Bessemer Park with a great swimming pool and tennis courts and right around the corner from Baker College Prep. Several units have been renovated being unit 1B, 2B, 3A, 3B and the coach house units. All the decks have been updated and are to code. The building has some newer windows that have been installed over the past few years. The property does not have any violations and will pass all inspections. All utilities are separate and paid for by the tenants. The building is sitting at a decent cap rate of 7.14% now and that's with only 4 of the 8 units rented & occupied. If all units are rented & occupied the cap rate would be at least a solid 14% conservatively. ((48 HOURS NOTICE IS REQUIRED FOR ALL SHOWINGS PER ILLINOIS TENANTS RIGHTS))
Listing Agent
Property Details for 8927 South Muskegon Avenue
Area
CHI - South Chicago
TownshipLake
ZoningMULTI
Location
LISTING UPDATED: 04/25/2024 12:07 AM
Property Details for 8927 South Muskegon Avenue
Status | Active |
---|---|
MLS # | 12034374 |
Days on Market | 14 |
Taxes | $2,807 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Flats |
Year Built | 1888 |
Lot Size | 0.08 AC / 3,475 SF |
County | Cook County |
Location
Building Information for 8927 South Muskegon Avenue
Stories-Residences8Year Built1888Building Size-Lot Size0.08 AC / 3,475 SF
Payment Calculator
$2,117 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 8927 South Muskegon Avenue
Property History for 8927 South Muskegon Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8927 South Muskegon Avenue
Taxable ValueLand$3,475Additions$10,445Total$13,920
Tax Record2022$2,872 ($239 / month)
Home Facts
Baths2Total Finished SqFt1,334 SqFtAbove Grade Finished SqFt1,334 SqFtStories2Lot Size3,475 SqFtStyleMulti-Family Res (5+ Units)Year Built1890CountyCOOKAPN26-06-214-012
Schools near 8927 South Muskegon Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Charter - | 9 to 12 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Mireles Elementary Academy PublicPK to 8 | ||
Baker College Prep Charter9 to 12 | ||
Bowen High School Public9 to 12 | ||
LEARN South Chicago CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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