$795,000
2423 N Long Avenue
Chicago, IL, 60639
Rare chance to own a 6-unit, two-building property in vibrant Belmont Cragin. This unique setup includes a front brick 3-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. The coach house has 3 updated units and features a courtyard with a BBQ area. Four of six units have been recently updated with stainless appliances, new flooring, fresh paint, and refinished hardwoods. Key upgrades include new roofs (2018) and new water heaters (2020). Rents are currently below market, nearly all tenants are MTM, offering room to boost income and cash flow. With two buildings on one lot and low taxes, this is a great opportunity for strong returns.
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
Tax Year
2023
Taxes
$6,267
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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2423 N Long Avenue
Chicago, IL
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