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.
Closed
$198,984
8523 S Muskegon Ave, Chicago, IL 60617
6beds
--sqft
Multi Family
Built in 1913
-- sqft lot
$200,400 Zestimate®
$--/sqft
$1,450 Estimated rent
Home value
$200,400
$182,000 - $220,000
$1,450/mo
Zestimate® history
Owner options
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$1,450/mo
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$1,450/mo
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$1,490/mo
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$1,490/mo
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Zillow last checked:
Listing updated:
Listing courtesy of:
Oscar Campos (773)767-1616,
RE/MAX Mi Casa
Bought with:
Dan Nelson
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12602984
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- None
Features
- Basement: Finished,Daylight
Property
Parking
- Total spaces: 2
- Parking features: None, Yes, Other
Lot
- Size: 3,125 sqft
Details
- Parcel number: 21314170100000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Other
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Sold | $198,984-5.2% |
Source:  MRED as distributed by MLS GRID #12602984 Report a problem | ||
| 4/22/2026 | Pending sale | $210,000 |
Source: MRED as distributed by MLS GRID #12602984 Report a problem | ||
| 4/9/2026 | Contingent | $210,000 |
Source: MRED as distributed by MLS GRID #12602984 Report a problem | ||
| 3/28/2026 | Listed for sale | $210,000+55.6% |
Source: MRED as distributed by MLS GRID #12602984 Report a problem | ||
| 3/12/2018 | Sold | $135,000+170% |
Source: Public Record Report a problem | ||
| 5/27/2015 | Listing removed | $975 |
Source: RPM Investors Report a problem | ||
| 3/31/2015 | Listed for rent | $975 |
Source: RPM Investors Report a problem | ||
| 1/8/2013 | Sold | $50,000+56.3% |
Source: Public Record Report a problem | ||
| 11/2/2012 | Sold | $32,000+146.2% |
Source: Public Record Report a problem | ||
| 10/27/2009 | Sold | $13,000-34.3% |
Source: MRED as distributed by MLS GRID #07317386 Report a problem | ||
| 9/6/2009 | Listed for sale | $19,800-91.9% |
Source: Great Street Properties, Inc. #07317386 Report a problem | ||
| 7/25/2007 | Sold | $245,000+85.6% |
Source: Public Record Report a problem | ||
| 12/27/2006 | Sold | $132,000+5.6% |
Source: Public Record Report a problem | ||
| 6/30/2005 | Sold | $125,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $13,400 +57.6% |
| 2023 | $1,793 +2.6% | $8,500 |
| 2022 | $1,748 +2.3% | $8,500 |
| 2021 | $1,709 -19.3% | $8,500 -10.6% |
| 2020 | $2,119 -3.5% | $9,512 -13% |
| 2019 | $2,197 +1.7% | $10,934 |
| 2018 | $2,160 -34.4% | $10,934 -28.5% |
| 2017 | $3,291 +7.5% | $15,286 |
| 2016 | $3,062 +9.3% | $15,286 |
| 2015 | $2,801 +42.8% | $15,286 +44.5% |
| 2014 | $1,962 +2% | $10,575 |
| 2013 | $1,923 +32.7% | $10,575 |
| 2012 | $1,450 -24.4% | $10,575 -23.7% |
| 2011 | $1,919 -2.1% | $13,863 |
| 2010 | $1,960 -9.3% | $13,863 |
| 2009 | $2,162 -5% | $13,863 -12.6% |
| 2008 | $2,277 +1% | $15,870 |
| 2007 | $2,254 -1.1% | $15,870 |
| 2006 | $2,278 +44.9% | $15,870 +65% |
| 2005 | $1,572 +1% | $9,620 |
| 2004 | $1,556 +72.8% | $9,620 |
| 2003 | $900 -5.4% | $9,620 +35.1% |
| 2002 | $952 +7.9% | $7,120 |
| 2001 | $882 +23.6% | $7,120 |
| 2000 | $714 | $7,120 +24.5% |
| 1999 | $714 | $5,717 |
Find assessor info on the county website
Neighborhood: South Chicago
Nearby schools
GreatSchools rating
- 3/10Mireles Elementary AcademyGrades: PK-8Distance: 0.6 mi
- 1/10Bowen High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$200,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$200,400
- Illinois
- Cook County
- Chicago
- 60617
- South Chicago
- 8523 S Muskegon Ave
Nearby cities
Nearby neighborhoods
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