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Six-Unit Brick Apartment Building
For Sale
$1,199,900

2748 N Austin Avenue, Chicago, IL 60639

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market99

Property Features for 2748 N Austin Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 11
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 2, Bedroom 5, Bathroom 4, Bathroom 5, Bathroom 6, Bedroom 8, Bathroom 1, Bedroom 11, Bedroom 7, Basement, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 10, Bathroom 3, Bathroom 2, Bedroom 6, Bedroom 9
Basement Finished
Directions DIVERSEY TO AUSTIN. SOUTHWEST CORNER OFF ALLEY
Subdivision CHI - Belmont Cragin
Standard status Active
APN 13293070330000
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11196

Amenities

coin-operated laundry room

Building Details

Year built 1947
Floors in Building 2
Number of units 6
Building materials Brick
Listing Agency: Pearson Realty Group
Listed By: Eduardo Padro · License #475141511
Added: Jun 29 Changed: Sep 30 Last Checked: Oct 5 at 9:06AM
MLS# 12691426

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.

Investment Insights

Based on property information with market context.

This 1947 brick apartment property contains six legal units on a 0.13-acre site in Chicago’s Belmont Cragin community. Four apartments offer five rooms, two bedrooms, a sunroom, and one full bathroom each. The two lower-level units include one recently renovated apartment with four rooms, two bedrooms, and one full bathroom, plus a one-bedroom, three-room unit with one full bathroom.

On-site amenities include a coin-operated laundry room with 5 washers and 4 dryers, a 2-car brick garage, and 7 exterior parking spaces. Building updates include copper plumbing installed in 2025, a water heater from 2025, a boiler heating unit from 2023, newer bathrooms, electrical improvements, and all new windows scheduled for 2026. The property also has a rear wrought iron porch, a rebuilt concrete parking pad, and updated fencing and gates.

The property is within walking distance of retailers, shops, strip malls, restaurants, and grocery stores, and is 1 mile from Brickyard Mall Shopping Center.

Key Highlights

  • Six legal apartment units in a 1947 brick building
  • Four apartments with 2 bedrooms, sunrooms, and 1 full bath each
  • Coin‑operated laundry room with 5 washers and 4 dryers

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Skin Care Clinic Acupuncture Tech Support Center Travel Agency Catering Service

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Brick construction with on-site laundry, parking, and updated building systems supports a practical multifamily configuration.
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 legal apartment units in a 1947 brick building; Four apartments with 2 bedrooms, sunrooms, and 1 full bath each; Coin‑operated laundry room with 5 washers and 4 dryers
More about this property
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