Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    10548 Crown Rd Franklin Park, IL 60131

    Sponsored
    For Sale
    Under Contract
    $999,000

    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 10548 Crown Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bathroom 6, Bedroom 5, Bathroom 7, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 1, Bedroom 8, Bathroom 5, Bedroom 1, Bedroom 7, Bedroom 9, Bedroom 10, Bathroom 4, Bathroom 8, Bedroom 2, Bathroom 2, Bathroom 10, Bathroom 3, Bathroom 9, Basement
    Bedrooms
    10
    APN
    12292140020000
    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# 12375219 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 10-unit all-brick apartment buildings connected by a courtyard. Each building features identical 1-bedroom, 1-bath apartments and a full basement, with the potential to create storage lockers. Recent major improvements completed in 2024 include new asphalt parking lots with 10 spaces per building, new Wolmanized wood balconies and railings on the 2nd floors, and a new roof on 10548 Crown and roof repairs on 10542 Crown. 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 2 washers and dryers are located in 10542 Crown. The equipment has been unavailable to the tenants in 2025 due to improvement construction. The majority of units have been remodeled. The buildings have no vacancies, and all tenants are on month-to-month leases, with tenants paying for electric. The property is located near O'Hare Airport and Interstate 90, offering 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
    -87.889151
    Latitude
    41.932516

    Nearby Similar for Sale

    • $699,000
      0.11 Acres

      Franklin Park Multifamily Investment Opportunity

      Six-unit multifamily property in Franklin Park, Illinois, with value-add potential.
      3037 Bright St, Franklin Park, IL 60131
      View Details
    • New
      $499,000

      Franklin Park Multifamily Property

      Two-unit building on a double lot with finished basement.
      2830 Edgington St, Franklin Park, IL 60131
      View Details
    • $1,100,000
      0.23 Acres

      Franklin Park Multifamily Investment Opportunity

      Two ten-unit apartment buildings with recent upgrades and tax benefits.
      10542 Crown Rd, Franklin Park, IL 60131
      View Details
    • $480,000
      0.17 Acres

      Franklin Park Industrial/Manufacturing Space

      Updated industrial/manufacturing property with convenient highway access.
      9125 Belden Ave, Franklin Park, IL 60131
      View Details
    • $1,700,000
      0.69 Acres

      Industrial Building in Franklin Park

      20,000 SF industrial building for sale in Franklin Park, IL.
      2330 17Th St, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      38,000 SF

      Franklin Park Industrial Building For Sale

      38,000 SF industrial building with heavy power capacity.
      3845 Carnation St, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      362,600 SF

      362,600 SF Industrial Building

      362,600 SF industrial building with 41 exterior dock doors.
      3501 Mount Prospect Rd, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      38,142 SF

      Free-Standing Building Near O'Hare Airport

      Free-standing masonry building with freezer and cooler near O'Hare.
      10100 Franklin Ave, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      66,000 SF

      Industrial Property with Office Space

      Industrial property featuring warehouse, storage, and office space.
      10740 W Grand Ave, Franklin Park, IL 60131
      View Details
    • $360,000
      6,000 SF

      Industrial Property in Franklin Park

      6,000 SF industrial property with established transportation access.
      10136 Pacific Ave, Franklin Park, IL 60131
      View Details
    • $715,000
      1,606 SF

      Turn Key Restaurant For Sale

      Fully built out restaurant with equipment and parking included.
      10000 Grand Ave, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      12,027 SF

      Franklin Park Warehouse For Sale

      12,027 SF warehouse with interior dock door.
      11227 Franklin Ave, Franklin Park, IL 60131
      View Details

    FAQs

    What type of property is this?
    Apartment building - Two 10-unit buildings with recent upgrades and tax advantages.
    Where is this apartment building located?
    The property is located at 10548 Crown Rd Franklin Park, IL.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Significant tax savings: Approved for Cook County Affordable Housing Special Assessment Program, resulting in a 35% reduction in assessed valuation for 10 years (renewable).; - Prime investment opportunity: Two side-by-side 10-unit all-brick apartment buildings with no vacancies.; - Recent major improvements: Includes new asphalt parking lots, Wolmanized wood balconies & railings, and new/repaired roofs (completed in 2024).
    (630) 205-4700
    Request Owner's contact information
    10548 Crown Rd Franklin Park, IL 60131
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10548 Crown Rd
    Franklin Park, IL 60131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    10548 Crown Rd Franklin Park, IL 60131
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.