Leticia Cejeda
eXp Realty
(888) 589-5553
89 Total Sales
2 in Cragin
$475K - $580K Price Range
2423 N Long Ave Chicago, IL 60639
Cragin Neighborhood
--
Beds
4
Baths
5,000
Sq Ft
3,937
Sq Ft Lot
Highlights
- Property is near public transit
- Storage Room
- Wood Siding
- Laundry Room
- Hot Water Heating System
About This Home
As of September 2025Rare 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.
Last Agent to Sell the Property
Pioneer Realty Group LLC License #471019249 Listed on: 07/09/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,267
Year Built
- Built in 1925
Lot Details
- 3,937 Sq Ft Lot
- Lot Dimensions are 30x126
Home Design
- Brick Exterior Construction
- Pitched Roof
- Wood Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 5,000 Sq Ft Home
- 3-Story Property
- Storage Room
- Laundry Room
- Finished Basement
- Exterior Basement Entry
Location
- Property is near public transit
Utilities
- No Cooling
- Radiator
- Hot Water Heating System
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Separate Meters
Listing and Financial Details
- Tenant pays for electricity, varies by tenant
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $660
- Insurance Expense $1,638
- Maintenance Expense $500
- Trash Expense $1,200
- Water Sewer Expense $2,370
- Operating Expense $12,135
- Gross Income $82,140
- Net Operating Income $70,005
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2025
Closed on
Sep 9, 2025
Sold by
Malave Paul and Malave Hipolito
Bought by
Seller's Agent
Helen Bailey
Pioneer Realty Group LLC
Buyer's Agent
Joe Wilcox
The Wilcox Company
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Outstanding Balance
$1,063,178
Interest Rate
6.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 24, 2006
Sold by
Albany Bank & Trust Co Na
Bought by
Malave Paul and Malave Hipolito
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
6.68%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cragin, IL
-
Leticia Cejeda
-
Edgar Yuquilima
Edgar Yuquilima
Real People Realty Inc
(866) 515-6056
64 Total Sales
4 in Cragin
$525K - $725K Price Range
-
DeMarcus Hunter
DeMarcus Hunter
Compass
(877) 764-1862
77 Total Sales
1 in Cragin
$415,000 Price
-
Brenda Martinez
Brenda Martinez
RE/MAX LOYALTY
(833) 716-6041
97 Total Sales
7 in Cragin
$146K - $545K Price Range
-
Jamey Kassaros-Johnson
Jamey Kassaros-Johnson
Kale Realty
(630) 793-0618
82 Total Sales
1 in Cragin
$662,000 Price
-
Araceli Montalvo
Araceli Montalvo
Extreme Realty LLC
(312) 818-3983
40 Total Sales
3 in Cragin
$250K - $425K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $750,000 | None Listed On Document | ||
| Malave Paul | $395,000 | Multiple |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,125,000 | ||
| Closed | Malave Paul | $296,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | Sold | $750,000 | -5.7% | $150 / Sq Ft |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 07/09/2025 07/09/25 | For Sale | $795,000 | -- | $159 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,267 | $57,924 | $7,284 | $50,640 |
| 2024 | $6,267 | $57,924 | $7,284 | $50,640 |
| 2023 | $6,088 | $33,001 | $5,906 | $27,095 |
| 2022 | $6,088 | $33,001 | $5,906 | $27,095 |
| 2021 | $5,970 | $33,003 | $5,909 | $27,094 |
| 2020 | $6,659 | $32,977 | $4,921 | $28,056 |
| 2019 | $7,019 | $38,346 | $4,921 | $33,425 |
| 2018 | $6,900 | $38,346 | $4,921 | $33,425 |
| 2017 | $8,304 | $41,927 | $4,330 | $37,597 |
| 2016 | $8,402 | $41,927 | $4,330 | $37,597 |
| 2015 | $7,687 | $41,927 | $4,330 | $37,597 |
| 2014 | $6,665 | $35,898 | $3,937 | $31,961 |
| 2013 | $6,534 | $35,898 | $3,937 | $31,961 |
Source: Public Records
Agents Affiliated with this Home
-
Helen Bailey
Seller's Agent in 2025
Helen Bailey
Pioneer Realty Group LLC
(773) 454-5583
1 in this area
56 Total Sales
-
Savannah Whittington
Seller Co-Listing Agent in 2025
Savannah Whittington
Engel & Voelkers Chicago
(847) 804-1287
1 in this area
52 Total Sales
-
Joe Wilcox
Buyer's Agent in 2025
Joe Wilcox
The Wilcox Company
(312) 848-0800
1 in this area
76 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12414970
APN: 13283280130000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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