Bought with Joseph Wilcox of The Wilcox Company
$750,000
$795,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
2423 N Long Avenue Chicago, IL 60639
5,000 SqFt
Key Details
Sold Price $750,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $150
MLS Listing ID 12414970
Year Built 1925
Annual Tax Amount $6,267
Tax Year 2023
Property Sub-Type Multi Family 5+
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.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling None
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Water Municipal Water
Structure Type Brick,Wood,Vinyl Siding
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
