$1,150,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
0.23
Open Houses
-
year built
1975
Full Baths
0
Half Baths
0
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 laundry facilities (2 washers & dryers in 10542 Crown) 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!
Location | |
Subdivision | - |
County | Cook |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
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MLS number: 12312726
Listing agent:
Edward Hall
#471008452
Listing broker:
Baird & Warner
(630) 853-2370
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.
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Last update: Friday, March 14 2025 at 10:07 p.m. EDT
Kotohomes National
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