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8111 S Muskegon Ave
Multi-Family
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$349,000

8111 S Muskegon Ave, Chicago

70% below median
7 bd·3 ba·0 sqft
Built 18953,049 sqft lotSouth Chicago

8111 S Muskegon Ave, Chicago, IL

7 bd · 3 ba · 0 sqft Multi-Family listed at $349,000, built in 1895 in the South Chicago neighborhood.

About this home

Ideally located just moments from Lake Shore Drive, Rainbow Beach, and the Metra, this Brick three-unit building presents an excellent investment opportunity in the desirable South Shore neighborhood. The property features a spacious three-bedroom, one-bath unit along with two well-appointed two-bedroom, one-bath units. Ample rear parking includes six tandem spaces, adding convenience and strong rental appeal. A prime location close to the lake, parks, and transportation makes this a standout opportunity for investors or owner-occupants.

Property details

Price
$349,000
Bedrooms
7
Bathrooms
3
Year built
1895
Lot size
3,049 sqft
Type
Multi-Family
Days on market
100
Est. property tax
$7,259/yr · $605/mo · 2.08% IL avg
Last sold
$160,000 · Feb 2008

Estimated monthly payment

Down payment20% ($69,800)
Interest rate6.75%
Principal & Interest$1,811
Property Tax$320
Insurance$150
Total$2,281/mo

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Price history

$383K$177K$-29K$25K on Aug 84 (Sold)$160K on Feb 08 (Sold)$5K on Feb 10 (Initial list)$55K on Mar 10 (Price change)$55K on Mar 10 (Price change)$289K on Dec 17 (Initial list)$279K on Jan 18 (Price change)$269K on Mar 18 (Price change)$269K on Mar 18 (Price change)$240K on Apr 18 (Initial list)$240K on Apr 18 (Price change)$229K on Mar 20 (Price change)$250K on Nov 20 (Initial list)$240K on Dec 20 (Price change)$230K on Jan 21 (Price change)$225K on Feb 21 (Price change)$225K on Feb 21 (Price change)$235K on Mar 22 (Price change)$229K on Mar 22 (Price change)$289K on May 22 (Initial list)$269K on Jul 22 (Price change)$269K on Aug 22 (Price change)$349K on Jan 26 (Initial list)
$25K · Aug 84$349K · Jan 26
  1. Jan 15, 2026$349,000Initial list price
  2. Aug 18, 2022$269,000Price change
  3. Jul 20, 2022$269,000Price change
  4. May 17, 2022$289,000Initial list price
  5. Mar 29, 2022$229,000Price change
  6. Mar 29, 2022$234,900Price change
  7. Feb 15, 2021$225,000Price change
  8. Feb 9, 2021$225,000Price change
  9. Jan 28, 2021$229,900Price change
  10. Dec 27, 2020$239,900Price change
  11. Nov 29, 2020$249,900Initial list price
  12. Mar 11, 2020$229,000Price change
  13. Apr 30, 2018$239,900Price change
  14. Apr 6, 2018$239,900Initial list price
  15. Mar 30, 2018$269,000Price change
  16. Mar 25, 2018$269,000Price change
  17. Jan 7, 2018$279,000Price change
  18. Dec 12, 2017$289,000Initial list price
  19. Mar 17, 2010$55,000Price change
  20. Mar 15, 2010$55,000Price change
  21. Feb 5, 2010$5,000Initial list price
  22. Feb 19, 2008$160,000Sold
  23. Aug 31, 1984$25,000Sold

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 8111 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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