Two-Building Apartment Property with
10548 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 10548 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
California balconies
courtyard
full basements
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 5:06AM
MLS# 12800547
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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The property consists of two adjacent, all-brick apartment buildings linked by a courtyard. Each contains 10 one-bedroom, one-bathroom apartments, with California balconies and a full basement. Most apartments have been remodeled. A laundry area with two washers and two dryers is located at 10542 Crown Road; the equipment was unavailable to residents during 2025 while improvement work was underway.
Work completed in 2024 included new asphalt parking areas with 10 spaces per building, along with replacement wood balconies and railings on the second floors. The roof at 10548 Crown Road was replaced, and the roof at 10542 Crown Road was repaired. Staircase and landing upgrades, as well as front and rear masonry repairs, were contracted for completion in fall 2025.
All apartments are occupied, with tenants on month-to-month leases who pay their own electricity. The buildings are approved for Cook County’s Affordable Housing Special Assessment Program, which reduces assessed valuation by 35% for 10 years and may be renewed if compliance continues. The property is zoned MULTI and is near O’Hare Airport and Interstate 90.
Work completed in 2024 included new asphalt parking areas with 10 spaces per building, along with replacement wood balconies and railings on the second floors. The roof at 10548 Crown Road was replaced, and the roof at 10542 Crown Road was repaired. Staircase and landing upgrades, as well as front and rear masonry repairs, were contracted for completion in fall 2025.
All apartments are occupied, with tenants on month-to-month leases who pay their own electricity. The buildings are approved for Cook County’s Affordable Housing Special Assessment Program, which reduces assessed valuation by 35% for 10 years and may be renewed if compliance continues. The property is zoned MULTI and is near O’Hare Airport and Interstate 90.
Key Highlights
- Two adjacent all‑brick buildings with 10 one‑bedroom, one‑bathroom apartments each
- Cook County affordable housing assessment reduces assessed valuation by 35% for 10 years, renewable with continued compliance
- 2024 work included new asphalt parking lots with 10 spaces per building
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 all-brick buildings offer matching one-bedroom apartments, basement space, and on-site parking.
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 adjacent all‑brick buildings with 10 one‑bedroom, one‑bathroom apartments each; Cook County affordable housing assessment reduces assessed valuation by 35% for 10 years, renewable with continued compliance; 2024 work included new asphalt parking lots with 10 spaces per building
