Chicago, IL 60639 2423 N Long Avenue
$795,000



68 more





































































Presented By: Pioneer Realty Group LLC
Home Details
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.
Presented By: Pioneer Realty Group LLC
Interior Features for 2423 N Long Avenue
Other Interior Features
BasementFinished, Exterior Entry, None
Total Fireplaces
General for 2423 N Long Avenue
Additional Parcels Y/NNo
Association Fee IncludesNone
Cap Rate8.8
CityChicago
Construction MaterialsBrick, Vinyl Siding
CoolingNone
CountyCook
Current UseMulti-Family
DirectionsCicero Ave to Fullerton west to Long North to property
ElectricCircuit Breakers, Separate Meters
Electric Expense660
Fuel Expense
Gross Income82140
Insurance Expense1638
Lot Size Square Feet3937
MLS AreaCHI - Belmont Cragin
Maintenance Expense500
ModificationTimestamp2025-07-16T18:43:01.940Z
Net Operating Income70005
Number Of Units Total6
Operating Expense12135
PossessionNegotiable, Tenant's Rights
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount6267.39
Tax Year2023
Tenant PaysElectricity, Varies by Tenant
TownshipJefferson
Trash Expense1200
Water Sewer Expense2370
Year Built1925
ZoningMULTI
Exterior for 2423 N Long Avenue
Building Area Total5000
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions30X126
Water SourceMunicipal Water
Additional Details
Price History
