2311 St Charles Road

BELLWOOD, Illinois 60104

Closed / MLS #9735925 / Multiple Family / Bellwood

Listing information updated 12/25/2018 at 1:12am

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

Square Feet:

N/A

Built:

1962

Parking Spaces:

Cooling System:

Window Unit/s

Stories:

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

Tax Amount:

$13,908

Tax Year:

N/A

Location

Zip Code:

60104

City:

Bellwood

County:

Cook

Listing Office: First Western Properties

Listing Office Phone: 773.545.2000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/25/2018 at 1:12am. 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.

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2311 St Charles Road is a multiple family which sold for $287,000. This multiple family has been listed on @properties since August 30th, 2017 and was built in 1962. The nearest transit stops include Melrose Park Metra Union Pacific West line.