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Two 10-Unit Apartment Buildings
For Sale
Contact for pricing
Pending

10548 Crown Road, Franklin Park, IL 60131

All-brick multifamily property with a shared courtyard, balconies, and full basements.

Property SizeContact for details
Days on Market386

Property Features for 10548 Crown Road

General Information

Standard status Pending
Total Parking Spaces 20
Property subtype Multifamily
Zoning MULTI
Occupancy 100%

Units

Unit Mix 20 x 1BR/1BA
Multifamily Units 20

Additional Details

Highway Access Yes

Amenities

California balconies
courtyard
full basements
laundry facilities

Building Details

Year Built 1975
Year Renovated 2024
Buildings 2
Stories 2
Units 10
Construction all-brick
Tenancy Multi
Listing Agency: Baird & Warner Naperville
Listed By: Ed Hall · License #471008452
Source: Crexi
Added: Aug 16, 2025 Changed: Sep 2 Last Checked: Sep 2 at 3:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner Naperville

Investment Insights

Based on property information with market context.

This multifamily property comprises two side-by-side, all-brick apartment buildings connected by a courtyard. Each building contains 10 identical one-bedroom, one-bath apartments, California balconies, and a full basement. Most units have been remodeled, and the property was built in 1975. A laundry area with two washers and two dryers is located in 10542 Crown, although the equipment was unavailable to tenants during 2025 because of improvement work.

Recent work completed in 2024 included new asphalt parking lots with 10 spaces per building, new Wolmanized wood balconies and second-floor railings, a new roof at 10548 Crown, and roof repairs at 10542 Crown. The buildings have no vacancies, with all tenants on month-to-month leases; tenants pay electric. Both properties were approved for the Cook County Affordable Housing Special Assessment Program, providing a 35% reduction in assessed valuation for 10 years, renewable if compliance continues. The property is near O'Hare Airport and Interstate 90.

Key Highlights

  • Two side‑by‑side all‑brick buildings with 10 units each and a connecting courtyard
  • Identical one‑bedroom, one‑bath apartments; majority of units remodeled
  • New asphalt parking lots completed in 2024 with 10 spaces per building

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - All-brick multifamily property with a shared courtyard, balconies, and full basements.
Where is this apartment building located?
The property is located at 10548 Crown Road Franklin Park, IL.
What are key features of this property?
This property features: Two side‑by‑side all‑brick buildings with 10 units each and a connecting courtyard; Identical one‑bedroom, one‑bath apartments; majority of units remodeled; New asphalt parking lots completed in 2024 with 10 spaces per building
More about this property
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