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 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 Under Contract
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, Wood, 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

Debra Dobbs

Realtor®

Phone 312 307-4909

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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disclosure
Courtesy of Pioneer Realty Group LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
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2423 N Long Avenue
Chicago, IL