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535 24Th Ave Bellwood, IL 60104

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For Sale
$395,000

Seven-unit building, strong cash flow, Bellwood, IL.

Property Features for 535 24Th Ave

General Information

Property type
Other commercial real estate

Building Details

Year Built
1926

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Listing Contact
Caprice Jackson

Listing Agency: Epique Realty Inc Listing Agent: Caprice Jackson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a seven-unit multifamily building located at 535 24th Avenue in Bellwood, Illinois. Priced at $395,000, this property offers a compelling return on investment due to its current occupancy by long-term tenants, ensuring a stable income stream. The building itself is characterized by its well-maintained systems and solid structural integrity, providing a strong foundation for continued profitability. Each of the seven units features a thoughtfully designed layout, maximizing space and tenant comfort. The property sits on a 0-acre lot. While currently generating consistent cash flow, the building also presents opportunities for value-add improvements, allowing for future upside potential. This makes it an ideal acquisition for both seasoned investors looking to expand their portfolio and first-time multifamily investors seeking a stable, income-producing asset in a desirable location. The property is being sold "As-Is," and the buyer will assume responsibility for the Village Inspection Report. This is a rare chance to acquire a well-maintained, income-generating property with excellent tenant retention in the heart of Bellwood. Don't miss this chance to secure a valuable addition to your investment holdings.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bellwood
County
Cook
State
Illinois
Longitude
-87.86211
Latitude
41.88254

FAQs

What type of property is this?
Commercial real estate - Seven-unit building, strong cash flow, Bellwood, IL.
Where is this commercial real estate located?
The property is located at 535 24Th Ave Bellwood, IL.
What is the asking price?
The asking price for this property is $395,000.
More about this property
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