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20-Unit Brick Apartment Property

10548 Crown Road, Franklin Park, IL 60131

For Sale
New
$1,119,995

Two matching residential buildings offer one-bedroom apartments, courtyard access, and substantial basement space.

Property SizeContact for details
Days on Market4

Property Features for 10548 Crown Road

General Information

Standard status Active
Total Parking Spaces 20
Property subtype MULTI_FAMILY
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $7,909

Amenities

California Balconies
courtyard
laundry facilities

Building Details

Year Built 1975
Year Renovated 2024
Buildings 2
Construction all-brick
Tenancy Multi
Listing Agency: Baird & Warner
Listed By: Edward Hall · License #471008452
Source: Dawnmckennagroup
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 6:14PM

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

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Investment Insights

Based on property information with market context.

Two all-brick apartment buildings at 10548 Crown Road contain 20 apartments, each configured with one bedroom and one bathroom. A courtyard links the buildings, and California balconies serve the units. Each building also has a full basement. Most apartments have been remodeled, and the property was built in 1975.

Improvements completed in 2024 included new asphalt parking areas with 10 spaces at each building, replacement wood balconies and railings on the second floors, a new roof at 10548 Crown, and roof repairs at 10542 Crown. Laundry equipment consisting of two washers and two dryers is located at 10542 Crown. The apartments were reported fully occupied, with month-to-month leases; tenants pay for electricity.

Both buildings are approved for the Cook County Affordable Housing Special Assessment Program, which reduces assessed valuation by 35% for 10 years, subject to continued compliance for renewal. The property is in Franklin Park, near O’Hare Airport and Interstate 90.

Key Highlights

  • Two connected all‑brick buildings with 10 one‑bedroom, one‑bath apartments each
  • Full basement in each building; courtyard connects the properties
  • 10 parking spaces per building; asphalt parking areas replaced in 2024

Property Analytics

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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

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

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two matching residential buildings offer one-bedroom apartments, courtyard access, and substantial basement space.
Where is this apartment building located?
The property is located at 10548 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 connected all‑brick buildings with 10 one‑bedroom, one‑bath apartments each; Full basement in each building; courtyard connects the properties; 10 parking spaces per building; asphalt parking areas replaced in 2024
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