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8118 S Muskegon Ave
Pending
Single Family
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$40,000

8118 S Muskegon Ave, Chicago

97% below median
2 bd·1 ba·0 sqft
South Chicago

8118 S Muskegon Ave, Chicago, IL

2 bd · 1 ba · 0 sqft Single Family listed at $40,000 in the South Chicago neighborhood.

About this home

INVESTOR SPECIAL !!! 2-Bedroom 1 bath house with lots of potential. Additional bedrooms can be added to the Attic and the high ceiling basement. The house needs total gut rehab but can be a turn-key property for a smart investor. Cash Only.

Property details

Price
$40,000
Bedrooms
2
Bathrooms
1
Type
Single Family
Days on market
142
Est. property tax
$832/yr · $69/mo · 2.08% IL avg
Last sold
$50,000 · May 2005

Estimated monthly payment

Down payment20% ($8,000)
Interest rate6.75%
Principal & Interest$208
Property Tax$37
Insurance$150
Total$394/mo

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Price history

$62K$34K$5K$57K on Jun 00 (Sold)$50K on May 05 (Sold)$50K on Mar 09 (Initial list)$25K on Oct 10 (Price change)$25K on Apr 13 (Price change)$10K on May 17 (Initial list)$10K on Aug 17 (Price change)$10K on Sep 17 (Relisted)$10K on Sep 17 (Price change)$40K on Dec 25 (Initial list)
$57K · Jun 00$40K · Dec 25
  1. Dec 4, 2025$40,000Initial list price
  2. Sep 29, 2017$10,000Price change
  3. Sep 17, 2017$10,000Relisted
  4. Aug 27, 2017$10,000Price change
  5. May 9, 2017$10,000Initial list price
  6. Apr 23, 2013$24,900Price change
  7. Oct 21, 2010$24,900Price change
  8. Mar 9, 2009$49,900Initial list price
  9. May 16, 2005$50,000Sold
  10. Jun 15, 2000$57,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 8118 S Muskegon Ave, Chicago
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Home Intelligence

Neighborhood (zip 60617)

Median age is 36.8; 13% hold a bachelor's degree; 57% of homes are owner-occupied; median household income is $51,203.

Median income
$51,203
Median age
36.8
Owner-occupied
57.3%
Bachelor's degree
12.7%
Census median home value
$160,800

Source: US Census Bureau American Community Survey 5-year estimates.

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