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8518 S Muskegon Avenue Chicago, IL 60617 Multi Unit - Multiple New

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Description

Spacious 2-unit brick building situated on an oversized double lot offering approximately 2,688 square feet of living space. This income-producing property features 7 bedrooms, 3.5 bathrooms, a detached garage, and an unfinished basement with additional storage and future potential. The first-floor unit has been updated with a renovated kitchen, remodeled full and half bathrooms, new flooring, fresh paint, and updated trim. The second-floor unit has been fully updated with modern finishes, including an updated kitchen, remodeled bathrooms, and refreshed flooring throughout, offering flexible space for an owner-occupant or investor. One unit is currently tenant occupied, providing immediate rental income. The oversized double lot provides added outdoor space and long-term value, while the detached garage offers convenient off-street parking. Conveniently located near schools, parks, shopping, public transportation, and major expressways. Property is being sold As-Is. Buyers are encouraged to conduct their own due diligence and verify all room counts, dimensions, zoning, and intended use.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 4
County: Cook
Listed By:
Real People Realty 815-469-7449
MRED MLS
$289,900
Est. $1,950/mo
6beds
4baths
2cars
New to the Market New
BEDS6 BATHS4 full MLS#12714390
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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8518 S Muskegon Avenue , Chicago, IL 60617.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $289,900$289,900$289,900
Down Payment $57,980$10,147$72,475
Monthly Mortgage Amount $1,447$1,753$1,806
Taxes $403$403$403
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$128$0
Monthly Estimated Total $1,950$2,384$2,309

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