2423 N Long Avenue
Chicago, IL, 60639
$795,000
Beds
0 Baths
0 SqFt
0 Acres
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$795,000
2423 N Long Avenue
Chicago, IL, 60639
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Rare chance to own a 6-unit, two-building property in vibrant Belmont Cragin. This unique setup includes a front brick 2.5-flat with a garden unit and two 2 bedroom apartments-plus a huge unfinished attic with vaulted ceilings offering potential for a 7th unit or duplex conversion. The coach house 3-flat has 3 updated units and features a courtyard with a BBQ area. Four of six units have been recently renovated with stainless appliances, new flooring, fresh paint, and refinished hardwoods. Key upgrades include new roofs (2018), new water heaters (2020), and possible owner’s unit on second floor of front building. Rents are currently below market, all tenants but one are month to month, offering room to boost income and cash flow. With two buildings on one lot and low taxes, this is a rare opportunity for strong returns. Don’t miss out! SHOWINGS START SATURDAY 7/12 from 10-12

Property Details

Price:
$795,000
MLS #:
MRD12414970
Status:
Active
Beds:
0
Baths:
0
Address:
2423 N Long Avenue
Type:
Commercial
Neighborhood:
CHI – Belmont Cragin
City:
Chicago
Listed Date:
Jul 9, 2025
State:
IL
Total Sq Ft:
5,000
ZIP:
60639
Year Built:
1925

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick, Vinyl Siding

Financial

HOA Includes
None
Maintenance Fee
$500
Net Operating Income
$70,005
Tax Year
2023
Taxes
$6,267
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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2423 N Long Avenue
Chicago, IL