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    10542 Crown Rd Franklin Park, IL 60131

    Sponsored
    For Sale
    Under Contract
    $1,100,000

    MULTI_FAMILY - Franklin Park, IL

    Lot size:
    0.23 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 10542 Crown Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bathroom 7, Bedroom 6, Basement, Bathroom 9, Bedroom 1, Bathroom 5, Bedroom 9, Bathroom 6, Bedroom 3, Bedroom 10, Bedroom 2, Bathroom 4, Bathroom 10, Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 1, Bathroom 2, Bedroom 8, Bathroom 8, Bathroom 3
    Bedrooms
    10
    APN
    12292140030000
    Basement
    Partially Finished
    Lot size
    0.23 Acres

    Building Details

    Year built
    1975
    Floors in Building
    2
    Number of units
    10
    Building materials
    Brick
    Roof type
    Membrane

    Baird & Warner (630) 853-2370 [email protected]

    Listing agent Edward Hall (630) 205-4700

    Listing date Dec 28, 2025

    MLS# 12375238 Listing URL

    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.

    Overview

    Franklin Park Multifamily Investment Opportunity

    This is an opportunity to own two side-by-side, ten-unit, all-brick apartment buildings connected by a courtyard. Each building features identical one-bedroom, one-bath apartments with California balconies. The buildings each have full basements, offering potential for storage lockers. Recent major improvements completed in 2024 include new asphalt parking lots with ten spaces per building, new Wolmanized wood balconies and railings on the second floors, and a new roof on 10548 Crown Road with roof repairs on 10542 Crown Road. In the Fall of 2025, the 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 with two washers and dryers are located in 10542 Crown Road; however, the equipment has not been available to the tenants in 2025 due to improvement construction. The majority of units have been remodeled. All tenants are on month-to-month leases, and tenants pay for electric. The property is located near O'Hare Airport and Interstate 90, providing access to employment hubs, transit, and amenities. 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. The lot size is 0.23 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.888905
    Latitude
    41.93252

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    FAQs

    What type of property is this?
    Apartment building - Two ten-unit apartment buildings with recent upgrades and tax benefits.
    Where is this apartment building located?
    The property is located at 10542 Crown Rd Franklin Park, IL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Significant tax savings with 35% reduction in assessed valuation for 10 years.; - Prime investment opportunity: Two 10-unit all-brick apartment buildings with strong occupancy.; - Recent major improvements: New parking lots, balconies, and 2024 roof work.
    (630) 205-4700
    Request Owner's contact information
    10542 Crown Rd Franklin Park, IL 60131
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10542 Crown Rd Franklin Park, IL 60131
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