20-Unit Brick Apartment
10542 Crown Road, Franklin Park, IL 60131
For Sale
New
$1,119,995
Commercial Sale, Franklin Park, IL
Property SizeContact for details
Lot Size0.23 Acres
Days on Market4
Property Features for 10542 Crown Road
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Basement
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
courtyard
California balconies
laundry facilities
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Buildings
Listing Agency:
Baird & Warner
(630) 778-1855
Listed By:
Edward Hall · License #471008452
(630) 853-2370
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 9 at 6:06AM
MLS# 12800701
Copyright © 2026 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.
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Investment Insights
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This Franklin Park property comprises two adjoining, all-brick apartment buildings with 10 units apiece. The apartments have matching one-bedroom, one-bathroom layouts, and each building includes a full basement. California balconies serve the units. The buildings were constructed in 1975, and the combined site measures 0.23 acres.
Work completed in 2024 included new asphalt parking lots with 10 spaces at each building, replacement wood balconies and railings on the second floors, a new roof at 10548 Crown Road, and roof repairs at 10542 Crown Road. Most apartments have been remodeled. Laundry equipment—two washers and two dryers—is located at 10542 Crown Road; it was not available to tenants during 2025 because of improvement work. The apartments are fully occupied, with month-to-month leases, and tenants pay for electricity.
Both buildings are approved for Cook County’s Affordable Housing Special Assessment Program, which reduces assessed valuation by 35% for 10 years, with renewal possible if compliance continues. The property is near O’Hare Airport and Interstate 90.
Work completed in 2024 included new asphalt parking lots with 10 spaces at each building, replacement wood balconies and railings on the second floors, a new roof at 10548 Crown Road, and roof repairs at 10542 Crown Road. Most apartments have been remodeled. Laundry equipment—two washers and two dryers—is located at 10542 Crown Road; it was not available to tenants during 2025 because of improvement work. The apartments are fully occupied, with month-to-month leases, and tenants pay for electricity.
Both buildings are approved for Cook County’s Affordable Housing Special Assessment Program, which reduces assessed valuation by 35% for 10 years, with renewal possible if compliance continues. The property is near O’Hare Airport and Interstate 90.
Key Highlights
- Two adjoining brick buildings with 10 one‑bedroom, one‑bathroom apartments each
- 0.23‑acre site with 10 parking spaces at each building
- 2024 work included new asphalt parking lots and second‑floor wood balconies and railings
Property Analytics
Who owns this building?
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Lease Details
20
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
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Business Placement
Demographics for 60131, IL
18,205
Population
6,120
Households
3
Avg Household Size
39
Median Age
19%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
3,371
Density / Sq Mi
$76,404
Median Household Income
$39,117
Median Earnings
$1,092
Median Rent
$261,800
Median Home Value
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Market
Properties on Market for Apartment buildings in Cook County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Two adjoining buildings offer one-bedroom apartments, basement space, and on-site parking in a multifamily configuration.
Where is this apartment building located?
The property is located at 10542 Crown Road Franklin Park, IL.
What is the asking price?
The asking price for this property is $1,119,995.
What are key features of this property?
This property features: Two adjoining brick buildings with 10 one‑bedroom, one‑bathroom apartments each; 0.23‑acre site with 10 parking spaces at each building; 2024 work included new asphalt parking lots and second‑floor wood balconies and railings
