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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

Contact Me

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$1,275,000 For Sale

2748 N Austin Avenue
Chicago, IL 60639

6 units |

lot: 5663 sq ft lot
Commercial: Multi Family 5+ - MLS# 12585410
Property Photo
1/24

Description

Legal 6 Unit in The Belmont Cragin Community of Chicago. Apartment Layouts consist of 4 units with 5 rooms, 2 bedrooms, a sunroom & 1 full bath in each unit. Lower Level Units: 1 unit has 4 rooms, 2 bedrooms, 1 full bathroom ( this unit was just recently completely renovated ). 2nd Lower Level Unit: 3 rooms, 1 bedroom. 1 full bath. There is a large coin operated laundry room on site with 5 washers & 4 dryers. *** Newer Bathrooms, All Copper Plumbing installed 2025, Water Heater 2025, 6 Refrigerators & Stoves, Newer Boiler Heating Unit 2023, All of the radiators were removed and taken to a factory that specializes in radiator restoration to strip off all the old paint, power wash, coat and sealant added to ensure usage for many more years to come. All New Windows 2026, Lintels replaced 2024, Tuck-Pointing 2024, Rear Wrought Iron Porch 2020, Electrical replaced inside all the units, New Electrical Service 200 AMP Single Phase coming in for the public & three Phase for the building. 2 Car Brick Garage has its own 100 AMP Electric Service Breaker Box & its also a 3 phase. There are 7 exterior parking spaces which the current electrical set up can accommodate electric car charging stations for additional income. *** The entire rear oversized concrete parking pad was redone in 2024 as follows: 8 inch thick concrete w/ sewer drain and 10ft deep manhole. Rear fencing & sliding wooden & wrought iron gate metal is .25 inches in thickness for strength & durability installed in 2024. Walking distance to numerous small to large retailers, shops, strip malls, restaurants, multiple grocery stores and a mile away from The Brickyard Mall Shopping Center which has the following retailers Starbucks, Target, Jewel's Supermarket, Lowe's Hardware Store, Marshalls and so many other stores.....

Features

  • Property Type: Commercial
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60639
  • Year Built: 1947
  • Stories: 2
  • Units: 6 units
  • Basement: Finished
  • Lot Size: 5663 sq ft lot
  • Zoning: MULTI
  • # Of Dryers: 4
  • # Of Ranges: 6
  • # Of Refrigs: 6
  • # Of Washers: 5
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • Construction Materials: Brick
  • Directions: DIVERSEY TO AUSTIN. SOUTHWEST CORNER OFF ALLEY
  • Electric: Circuit Breakers, Service - 101 to 200 Amps, Three Phase, Single Phase
  • Gross Income: 7700
  • Gross Rent Multiplier: 11.3
  • Gross Scheduled Income: 94800
  • Heat/Ventilation: Radiators
  • Indoor Parking: Detached
  • Information: List Broker Must Accompany
  • Main Type: Commercial Sale
  • Misc Inside: Laundry Room
  • Outdoor Parking: 6-12 Spaces
  • Tax Annual Amount: 11195.95
  • Tax Year: 2024
  • Tenant Pays: Electricity, Other
  • Total Monthly Income: 7900
  • Township: Jefferson
Courtesy of Pearson Realty Group
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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