$650,000

1943 N La Crosse Ave Chicago, IL 60639

Cragin Neighborhood

Estimated payment $4,192/month

Total Views 582
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Seven unit brick property in Belmont Cragin. The property is currently vacant and in need of rehab. Current owner has completed some of the renovation. There are 3 apartments in the front building, & 4 apartments in the rear coach house. There is a 3 car garage and fenced in yard with a parking pad. The front building has (2) 3 bed, 1 bath units & (1) 2 bed, 1 bath unit. The rear coach house has (3) 2 bed, 1 bath units & (1) 1 bed, 1 bath unit. Utilities are separate. All units have their own electric, gas & hot water tanks. Once completed the property should generate an estimated 136k annually. 3 beds in the area are renting for $1,850, 2 beds $1,500 & 1 beds $1,300. Property is being sold "as is". Buyer is purchasing subject to existing violations. Do your own due diligence. *See additional information for existing violations**

Listing Agent

Brianna Gulia

Property Plug License #471021902 Listed on: 08/16/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $3,950
  • Maintenance Expense $1
  • Other Expense $1
  • Operating Expense $19,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1912
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Room: 6
  • Room: 6
  • Room: 6

Exterior Features

  • Construction Materials: Brick
  • List Price: 650000
  • Roof Structure: Flat

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50 X 125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 8

Multi Family

  • Insurance Expense: 3950
  • Maintenance Expense: 1
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 19000
  • Expense Year: 2024
  • Type Multi-Family: Flats

Tax Info

  • Tax Year: 2023

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 For Sale $650,000 +73.3% --
09/27/2019 09/27/19 Sold $375,000 -6.3% --
06/08/2019 06/08/19 For Sale $400,000 0.0% --
02/14/2019 02/14/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $400,000 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12448329

Midwest Real Estate Data (MRED)