2423 N Long Avenue, Chicago, IL 60639 - Photo 1

1/1

$750,000

Sold
Closed
Commercial
5,000 Sq. Ft.

1/1

Property Description

Rare chance to own a 6-unit, two-building property in vibrant Belmont Cragin. This unique setup includes a front brick 3-flat with a garden unit and two 2 bedroom apartments-plus a huge unfinished attic with vaulted ceilings offering potential for a 7th unit or duplex. The coach house has 3 updated units and features a courtyard with a BBQ area. Four of six units have been recently updated with stainless appliances, new flooring, fresh paint, and refinished hardwoods. Key upgrades include new roofs (2018) and new water heaters (2020). Rents are currently below market, nearly all tenants are MTM, offering room to boost income and cash flow. With two buildings on one lot and low taxes, this is a great opportunity for strong returns.

Full Property Details

Full Property Details for 2423 N Long Ave

General

Sold For: $750,000
Taxes: $6,267 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12414970
Added to Site: 190 day(s) ago

Interior

Interior Features: Storage Inside, Laundry Room

Location

Area: CHI - Belmont Cragin
County: Cook
Driving Directions: Cicero Ave to Fullerton west to Long North to property
Location Details: Public Transport Avail, In City Limits

Community

Assoc. Fees Include: None

Heating & Cooling

Cooling Type: None
Heating Type: Gas, Hot Water, Radiators, Wall Unit

Utilities

Water: Municipal Water

Structural Information

Construction: Brick, Wood, Vinyl Siding
Exterior Const.: Brick, Wood, Vinyl Siding
Basement Desc.: Finished, Exterior Entry, None
Foundation: Concrete Perimeter
Stories/Levels: 3
Square Feet: 5,000
Current Bldg. Use: Multi-Family
Year Built: 1925
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 6
Units w/Range/Oven: 6
# Dryers: 1

Lot Features

Lot Size (Sq. Ft.): 3,937
Lot Dimensions: 30 x 126
Frontage: City Street
Potential Use: Multi-Family
Zoning: MULTI

Financial Considerations

Operating Expenses: $12,135
Assessment Year: 1925
Tax Amount: $6,267.39
Tax Year: 2023
Tenant Pays: Electricity, Varies by Tenant

Disclosures and Reports

Property ID: 13283280130000

Listed by Pioneer Realty Group LLC
Sold by The Wilcox Company

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— 2423 N Long Ave —

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Schools

Schools serving 2423 N Long Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Hanson Park Elementary School 5411 West Fullerton Avenue, Chicago, IL 60639	PK-8	0.1 mi
Foreman High School 3235 North Leclaire Avenue, Chicago, IL 60641	9-12	1.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2423 N Long Ave

Date

Details

Price

Change

Source

9/30/2025

Sold

$750,000

-5.66%

MLS

7/09/2025

Listed

$795,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
3
Total Baths
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Sq. Ft.

2423 N Long Avenue, Chicago, IL 60639 (MLS# 12414970) is a Commercial property that was sold at $750,000 on September 30, 2025. Want to learn more about 2423 N Long Avenue? Do you have questions about finding other Commercial real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.

2423 N Long Ave Chicago, IL 60639