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$999,000 Contingent
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Property Description
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!
Full Property Details
Full Property Details for 10548 Crown Rd
General
- Price: $999,000
- HOA FEE: $2,682
- Taxes: $20,063 (2023)
- Status: Contingent
- Type: Commercial
- Source: MRED
- MLS ID: 12375219
- Updated: 10/7/2025
- Added to Site: 313 day(s) ago
Interior
- Basement: Partially
Location
- Area: Franklin Park
- County: Cook
- Township: Leyden
- Driving Directions: MANNHEIM ROAD TO CROWN, West to Building
- Location Details: Mixed-Use Area
Community
- Assoc. Fees Include: None
Heating & Cooling
- Heating Type: Gas, Baseboard
Utilities
- Water: Community Water
- Trash: 1477
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished
- Foundation: Concrete Perimeter
- Roof: Membrane
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1975
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 10
- Units w/Range/Oven: 10
- # Dryers: 2
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,452
- Lot Dimensions: 132 x 153
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $2,682
- Insurance Fee: $2,200
- Operating Expenses: $35,629
- Assessment Year: 1975
- Tax Amount: $20,063
- Tax Year: 2023
- Tenant Pays: Electricity
- Pays Electric: 515
- Pays Trash: 1477
Disclosures and Reports
- Documents Avail.: Rent Roll, Floor Plan, Operating Statement
- Property ID: 12292140020000
Listed by Baird & Warner
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Schools
Schools serving 10548 Crown Rd
School Districts:Mannheim School District 83, Leyden Community High School District 212
| Name | Grades | Distance |
|---|---|---|
Westdale Elementary School, Northlake, IL 99 Diversey Avenue, Northlake, IL 60164 | PK-5 | 0.9 mi |
Mannheim Middle School 2600 Hyde Park Avenue, Melrose Park, IL 60164 | 6-8 | 0.5 mi |
West Leyden High School 1000 North Wolf Road, Northlake, IL 60164 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10548 Crown Rd
Date
Details
Price
Change
Source
5/26/2025
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10548 Crown Rd
10548 Crown Road, Franklin Park, IL 60131 (MLS# 12375219) is a Commercial property. 10548 Crown Road is currently listed for $999,000 and was received on May 26, 2025. Want to learn more about 10548 Crown Road? Do you have questions about finding other Commercial real estate for sale in Franklin Park? You can browse all Franklin Park real estate or contact a Coldwell Banker agent to request more information.

