Belmont Cragin Multifamily
For Sale
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2748 N Austin Avenue, Chicago, IL 60639
Legal 6-unit building with recent renovations and income potential.
Property SizeContact for details
Days on Market193
Property Features for 2748 N Austin Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
B2-3
Building Details
Year Built
1947
Listing Agency:
RE/MAX Premier
Listed By:
Eduardo Padro · License #IL
Source:
Crexi
Added: Feb 10
Changed: Aug 8
Last Checked: Jul 23 at 9:03AM
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 RE/MAX Premier
Investment Insights
Based on property information with market context.
This legal 6-unit multifamily property is located in the Belmont Cragin neighborhood of Chicago. The building features four units with 5 rooms, 2 bedrooms, a sunroom, and 1 full bath each. One lower-level unit includes 4 rooms, 2 bedrooms, and 1 full bathroom and has been recently renovated. The second lower-level unit offers 3 rooms, 1 bedroom, and 1 full bath. A large, coin-operated laundry room is on-site, equipped with 5 washers and 4 dryers. The property includes a 2-car brick garage with its own 100 AMP electric service breaker box and 3-phase power. There are 7 exterior parking spaces with electrical setup to accommodate electric car charging stations. The entire rear oversized concrete parking pad was redone in 2024 with 8-inch thick concrete, a sewer drain, and a 10ft deep manhole. Rear fencing and a sliding wooden & wrought iron gate were installed in 2024. The property is located within walking distance to retailers, shops, strip malls, restaurants, and grocery stores, and is one mile from The Brickyard Mall Shopping Center. Newer bathrooms, copper plumbing installed in 2025, a water heater installed in 2025, 6 refrigerators and stoves, and a newer boiler heating unit installed in 2023 are present. All radiators were restored. New windows are planned for 2026. Lintels were replaced and tuck-pointing completed in 2024. The rear wrought iron porch was installed in 2020. Electrical systems have been replaced inside all units, with a new 200 AMP single-phase electrical service for public areas and a three-phase system for the building.
Key Highlights
- Legal 6‑unit building in Chicago's Belmont Cragin neighborhood.
- Significant recent renovations and upgrades including new windows (2026), copper plumbing (2025), water heater (2025), boiler heating unit (2023), tuck‑pointing (2024), lintel replacement (2024), and electrical upgrades.
- Restored radiators with specialized coating and sealant.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,701
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Legal 6-unit building with recent renovations and income potential.
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 $1,275,000.
What are key features of this property?
This property features: Legal 6‑unit building in Chicago's Belmont Cragin neighborhood.; Significant recent renovations and upgrades including new windows (2026), copper plumbing (2025), water heater (2025), boiler heating unit (2023), tuck‑pointing (2024), lintel replacement (2024), and electrical upgrades.; Restored radiators with specialized coating and sealant.
