Listed by Chicago Real Estate Resources Inc
$599,000
BANK OWNED: 16-UNIT APARTMENT BUILDING
Details
APN 2131201036
Property Type Multifamily
Sub Type Apartment Building
Units 16
Lot Size (SqFt) 6,119
Zoning Rt-4
Investment Type Value Add
Multifamily | 16 Units
Marketing description
16 unit building ideal for value-add investors looking to build sweat equity. Can be combined with 7951 S Muskegon Ave adding an additional 17 units available from the same seller.
7957-7959 S Muskegon Ave is well-positioned for growth with its proximity to the upcoming Quantum Shore development, a transformative mixed-use project that is anticipated to drive demand for quality housing. This location offers investors a rare opportunity to capitalize on early-stage momentum in a rapidly evolving location. Additionally, this property is located just down the street from the Cheltenham/79th Street Metra stop and walking distance to Rainbow Beach.
Listing Contacts
Listed by Chicago Real Estate Resources Inc
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Zoning
RT-4 ResidentialMulti FamilyResidential Two Flat Townhouse And Multi Unit District
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View all 49 uses
View all 49 uses Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics
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