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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 Market53

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 Bathroom 4, Bedroom 2, Bedroom 10, Bedroom 7, Bedroom 9, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 11, Bathroom 1, Basement, Bedroom 3, Bathroom 6, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 8, Bedroom 1
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

on-site laundry

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: Aug 20 Last Checked: Aug 20 at 10:06AM
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.

Located at 2748 N Austin Avenue in Chicago’s Belmont Cragin community (Cook County), this legal six-unit brick apartment building sits on a 0.13-acre lot. The property offers apartment layouts with multiple units featuring 5 rooms, 2 bedrooms, a sunroom, and 1 full bathroom per unit, with lower level unit variations described in the public remarks.

On-site laundry includes a large coin-operated laundry room with 5 washers and 4 dryers. The building has seen substantial upgrades, including all copper plumbing installed in 2025, water heater replacement in 2025, a newer boiler heating unit from 2023, and newer windows installed in 2026. Additional work cited includes tuck-pointing in 2024, lintel replacements in 2024, and rear wrought iron porch updates in 2020.

Exterior and systems updates include a 2-car brick garage with separate electrical service and a rear oversized concrete parking pad redone in 2024 (8-inch thick concrete with a sewer drain and a 10 ft deep manhole). There are 7 exterior parking spaces, and the current electrical setup is described as accommodating electric car charging stations. The property is zoned MULTI.

Key Highlights

  • Legal six‑unit brick apartment building on a 0.13‑acre lot
  • On‑site coin laundry with 5 washers and 4 dryers
  • All copper plumbing installed 2025 plus water heater 2025

Property Analytics

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

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 - Legal six-unit brick building with on-site coin laundry, 7 exterior parking spaces, and major recent capital improvements.
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: Legal six‑unit brick apartment building on a 0.13‑acre lot; On‑site coin laundry with 5 washers and 4 dryers; All copper plumbing installed 2025 plus water heater 2025
More about this property
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