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535 24th Avenue

Bellwood, IL 60104
  • $395,000
  • STATUS: Active Under Contract
  • ON SITE: 50 Days
  • MLS #: 12192767
Under Contract
UPDATED: 173 min ago
$395,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1926
County:
Area:

School Ratings & Info

Description

Exceptional investment opportunity in the heart of Bellwood! This 7-unit building offers solid construction with good bones and well-maintained systems, making it a reliable asset. Each unit boasts a high-functioning layout, maximizing space and comfort for tenants. The property is currently occupied by long-term tenants, providing a stable income stream. With room for value-add improvements, this building offers future upside potential while already generating steady cash flow. Perfect for investors looking to expand their portfolio or first-time multifamily buyers seeking an income-producing property in a desirable location. Don't miss out on this opportunity to own a well-structured, income-generating property with solid tenant retention!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-13T00:10:01.627 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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535 24th Avenue Bellwood, IL 60104

  • Price: $395,000
  • Status: Active Under Contract
  • On Site: 50 Days
  • Updated: 173 min ago
  • MLS #: 12192767
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1926
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Exceptional investment opportunity in the heart of Bellwood! This 7-unit building offers solid construction with good bones and well-maintained systems, making it a reliable asset. Each unit boasts a high-functioning layout, maximizing space and comfort for tenants. The property is currently occupied by long-term tenants, providing a stable income stream. With room for value-add improvements, this building offers future upside potential while already generating steady cash flow. Perfect for investors looking to expand their portfolio or first-time multifamily buyers seeking an income-producing property in a desirable location. Don't miss out on this opportunity to own a well-structured, income-generating property with solid tenant retention!
Interior Features

Heat Ventilation Gas

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Gross Income 6962 Gross Scheduled Income 83544 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Contingent Net Operating Income 83544 Operating Expense 0 Tax Annual Amount 19000 Tax Year 2023 Total Monthly Income 6962 Type Multi Family 5+

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Epique Realty Inc: 888-893-3537.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-13T00:10:01.627 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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4112C Fieldstone Road
Champaign IL, 61822