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Brick Quadplex With Basement
New
For Sale
$580,000

645 23rd Avenue, Bellwood, IL 60104

Residential Income, Bellwood, IL

Property SizeContact for details
Days on Market5

Property Features for 645 23rd Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Basement, Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 5, Bedroom 6, Bathroom 2
Parking 2
Basement Finished, Full
Elementary school district 88
Middle school district 88
High school district 209
Directions N/S on 25th Ave to Warren Ave, E to 23rd Ave, N to property.
Subdivision Bellwood
Standard status Active
APN 15103180110000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 14592

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Building Details

Year built 1962
Building materials Brick
Listing Agency: Real Broker, LLC
Listed By: Landon Kelly · License #475199429
Added: Aug 28 Last Checked: Sep 1 at 3:06AM
MLS# 12744771

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1962 brick quadplex contains four separate units and a full basement, providing a defined multifamily layout at a residential income property scale. Exterior parking serves the property, while forced-air heating fueled by natural gas and public sewer are in place. The building is being offered as-is and requires updates, making its existing configuration an important part of the evaluation.

The property is located in Bellwood near local shopping, schools, transportation, and major roadways. Its four-unit arrangement, basement, and established building systems provide the core physical details for reviewing a renovation plan. Room records include multiple bedrooms and bathrooms across the property.

Key Highlights

  • Four‑unit brick quadplex built in 1962
  • Full basement included
  • Exterior parking on site

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

571
Businesses Nearby

Demographics for 60104, IL

18,829
Population
6,492
Households
2.9
Avg Household Size
40
Median Age
16%
College-Educated
86%
High-School Grad
2.3 sq mi
ZIP Area
8,187
Density / Sq Mi
$77,270
Median Household Income
$39,346
Median Earnings
$1,221
Median Rent
$219,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four individual residences, outdoor parking, and basement space create a multifamily property requiring updates.
Where is this quadplex located?
The property is located at 645 23rd Avenue Bellwood, IL.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Four‑unit brick quadplex built in 1962; Full basement included; Exterior parking on site
More about this property
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