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About this home
Prime Investment Opportunity in Franklin Park! An exceptional chance to own two side-by-side 10-unit all-brick apartment buildings, connected by a charming courtyard. Each Building has California Balconies. The buildings features identical 1-bedroom, 1-bath apartments. Each building has a full basements, providing additional value and potential to create Storage lockers! Recent Major Improvements (Completed in 2024):New asphalt parking lots (10 spaces per building) New Wolmanized wood balconies & railings on 2nd floors. New roof on 10548 Crown & roof repairs on 10542 Crown. In the Fall of 2025, Sellers have contracted to update the Corner staircases and landings and upon completion, all Masonry repairs to the front and rear brick shall be completed as well!. Laundry facilities (2 washers & dryers are located in 10542 Crown) however, the equipment has not been available to the tenants in 2025 due to Improvement construction. Majority of units remodeled. No Vacancies, all tenants are on month-to-month leases, and tenants pay electric. Significant Tax Savings! Both buildings have been approved under the Cook County Affordable Housing Special Assessment Program, resulting in a 35% reduction in assessed valuation for 10 years (renewable if compliance continues). This program benefits both owners and tenants by promoting affordable housing while reducing tax burdens. Unbeatable Location! Conveniently located near O'Hare Airport & Interstate 90, offering easy access to major employment hubs, transit, and amenities. Don't miss out on this **turnkey investment with strong occupancy, recent upgrades, and long-term tax advantages! Contact us today for more details!
The R-5 General residence district is intended to accommodate high density residential development within the Village, in a neighborhood environment predominantly characterized by townhouse and multi-family dwellings. The R-5 District should be applied only where utilities, infrastructure, and community facilities and services can accommodate relatively high residential density. Select compatible nonresidential uses may also be permitted within the R-5 District.
Permitted uses
Include but are not limited to:
Religious facility
Garden center
Housing-Group
Housing-Multiple units
Park & open space
Nov 15, 2021 • Final
Commercial
Install an expansion tank.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Franklin Park, IL • 60131
Average low and high temperatures (°F)
30
16
38
24
54
35
62
43
68
50
81
64
85
70
81
66
78
60
65
51
51
39
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 10548 Crown Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More
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