2311 St Charles Road

Bellwood, Illinois 60104

Gwen Stark

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Property Type
Multiple Family

VERY SOLID 5-UNIT BUILDING! Operating expenses are very realistic - room to push rents. Pro Forma Cap rate of 9.8% by getting rents to market. Bank owned. Recent roof, soffit and gutters, half of building features new thermopane windows, ceramic tile throughout, and maintained boiler. All units and common areas recently painted. 4 of 5 new tenants as of 3/2017 - generally 2x monthly rent security deposits. All apartments are 2-Bed / 1-Bath & 825 SF. Building is well kept inside and out - bank has done extensive work in 2016-2017 with more updates scheduled in the immediate future.

Full Features
Exterior Type: Brick
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: N/A
Tax Amount: $13,908
Built: 1962
Parking Spaces: 5
Cooling System: Window Unit/s
Stories: 3
Current Use: Residential-Multi-Family
Zoning: MULTI
Current Net Income: $21,565
Unit 1: 4 room(s) / 2 bed(s) / 1 bath(s)
Unit 2: 4 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments
Taxes: $13,908

Listing Office: First Western Properties

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Bellwood is part of the West Suburbs. The western suburbs are comprised of many vibrant communities spread over Cook, DuPage and Kane counties. Homeowners in the western suburbs have a variety of housing styles, sizes and price points to choose…

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Nearby Public Transportation

Union Pacific West, Milwaukee District West

at Melrose Park (0.35 miles away), Melrose Park Metra

2311 St Charles Road Bellwood, Illinois 60104 is a multiple family property, which sold for $287,000. Want to learn more about 2311 St Charles Road Bellwood, Illinois 60104? Contact an @properties agent to request more info.

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