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6-Unit Apartment Building

2748 N Austin Avenue, Chicago, IL 60639

For Sale
$1,199,900

A varied bedroom mix is complemented by coin-operated laundry, a two-car garage, and additional outdoor parking.

Property SizeContact for details
Days on Market132

Property Features for 2748 N Austin Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning MULTI

Site & Location

Neighborhood Belmont Central

Units

Unit Mix 4 x 2BR/1BA with sunroom, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $11,195

Amenities

coin-operated laundry room

Building Details

Year Built 1947
Stories 2
Units 6
Listing Agency: Pearson Realty Group
Listed By: Eduardo Padro · License #475141511
Source: Fishmangroup
Added: Jun 29 Changed: Nov 2 Last Checked: Nov 7 at 3:15AM

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 Pearson Realty Group

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Investment Insights

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This six-unit apartment building contains four layouts with two bedrooms, a sunroom, and one full bath, along with two lower-level apartments: one with two bedrooms and one with a single bedroom. The two-bedroom lower-level unit was recently renovated. Residents have access to a coin-operated laundry room with five washers and four dryers. The property also includes six refrigerators and stoves, a two-car brick garage, and seven exterior parking spaces.

Building improvements include copper plumbing and a water heater installed in 2025, windows replaced in 2026, and lintel replacement and tuck-pointing completed in 2024. The boiler dates to 2023; the radiators were restored. Electrical service includes 200 AMP single-phase service for the public and three-phase service for the building. The garage has a separate 100 AMP service and three-phase power. The rear parking pad was rebuilt in 2024 with an 8-inch concrete surface, sewer drain, and 10-foot-deep manhole. The property is zoned MULTI and is in Chicago’s Belmont Cragin community, within walking distance of retailers, restaurants, and grocery stores and one mile from Brickyard Mall.

Key Highlights

  • Six apartments with a mix of one- and two‑bedroom layouts; four also include a sunroom
  • Coin‑operated laundry room equipped with 5 washers and 4 dryers
  • 2‑car brick garage and 7 exterior parking spaces

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,701
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
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Market

Properties on Market for Apartment buildings in Chicago

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 - A varied bedroom mix is complemented by coin-operated laundry, a two-car garage, and additional outdoor parking.
Where is this apartment building located?
The property is located at 2748 N Austin Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: Six apartments with a mix of one- and two‑bedroom layouts; four also include a sunroom; Coin‑operated laundry room equipped with 5 washers and 4 dryers; 2‑car brick garage and 7 exterior parking spaces
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