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10548 Crown Road
Franklin Park IL 60131 US

$999,000

Active Under Contract Listing ID 12375219
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Lot: 0.23 Acres
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Other

$999,000

Active Under Contract Listing ID 12375219
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10548 Crown Road Prime Investment Opportunity in Franklin Park! An exceptional chance to own two side-by-side 10-unit all-brick apartment buildings, connected by a charming courtyard. Each Building has California Balconies. The buildings features identical 1-bedroom, 1-bath apartments. Each building has a full basements, providing additional value and potential to create Storage lockers! Recent Major Improvements (Completed in 2024):New asphalt parking lots (10 spaces per building) New Wolmanized wood balconies & railings on 2nd floors. New roof on 10548 Crown & roof repairs on 10542 Crown. In the Fall of 2025, Sellers have contracted to update the Corner Staircases and Landings, and upon completion, all Masonry repairs to the front and rear brick shall be completed as well. Laundry facilities (2 washers & dryers are located in 10542 Crown)however, the equipment has been unavailable to the tenants in 2025 due to Improvement construction. Majority of units remodeled. No Vacancies, all tenants are on month-to-month leases, and tenants pay electric. Significant Tax Savings! Both buildings have been approved under the Cook County Affordable Housing Special Assessment Program, resulting in a 35% reduction in assessed valuation for 10 years (renewable if compliance continues). This program benefits both owners and tenants by promoting affordable housing while reducing tax burdens. Unbeatable Location! Conveniently located near O'Hare Airport & Interstate 90, offering easy access to major employment hubs, transit, and amenities. Don't miss out on this **turnkey investment with strong occupancy, recent upgrades, and long-term tax advantages! Contact us today for more details!

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Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Membrane

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 999000
  • unparsedaddress: 10548 Crown Road
  • postalcity: Franklin Park
  • stateorprovince: IL
  • country: US
  • postalcode: 60131
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Edward Hall
  • listagentemail: realtored1@gmail.com
  • listagentkey: 3yd-MREDIL-250467
  • listagentmlsid: 250467
  • listagentpreferredphone: 6302054700
  • listagentofficephone: 6307781855
  • listofficekey: 3yd-MREDIL-23156
  • listagentstatelicense: 471008452
  • listofficemlsid: 23156
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1975
  • listingcontractdate: 2025-05-26
  • listagenturl: http://www.bairdwarner.com/
  • countyorparish: Cook
  • parcelnumber: 12292140020000
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Membrane
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Baird & Warner", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"realtored1@gmail.com", "ListBrokerageCity":"Naperville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"christine.thompson@bairdwarner.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/107/277589/20141028154246090.png", "ListBrokerageName":"Baird & Warner", "ListBrokeragePhone":"(630) 853-2370", "ListBrokeragePostalCode":"60565", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"Suite 112", "ListBrokerageUnparsedAddress":"836 W. 75th Street", "ListBrokerageWebsiteUrl":"http://www.bairdwarner.com/", "ListOfficeAddress1":"836 West 75th Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"212482", "ListOfficeCity":"Naperville", "ListOfficeCountry":"US", "ListOfficeEmail":"christine.thompson@bairdwarner.com", "ListOfficePostalCode":"60565", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Franklin Park, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12375219/?channel=rexren", "MLSModificationTimestamp":"2025-10-06T20:12:01Z", "Neighborhoods":[{"Description":null, "Name":"Franklin Park"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":20063, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/7/2025 1:34:18 AM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Edward Hall, Baird & Warner, realtored1@gmail.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.