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    2209 Railroad Ave Bellwood, IL 60104

    Sponsored
    For Sale
    $975,000

    8,000 SF Warehouse, Multi-Tenant

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 2209 Railroad Avenue in Bellwood, Illinois (zip code 60104), presents a unique investment opportunity. The property consists of four buildings totaling approximately 8,000 square feet situated on a 0.53-acre lot. The asking price is $975,000, translating to $121.88 per square foot. The property is zoned I-2 and features a modified lease type with multi-tenant occupancy. Ideal for contractors, the warehouse boasts significant advantages including eleven drive-in doors, heated warehouse floors, a crane, and drive-thru capabilities within a building featuring 17-foot clear ceilings. The property's location in Cook County offers convenient access to major transportation routes and logistical hubs. This multi-building complex provides ample space and functionality for a variety of industrial uses. The combination of its features, location, and asking price makes this a compelling investment prospect in the thriving Bellwood market. Serious inquiries are encouraged to explore this opportunity further.

    Property Features for 2209 Railroad Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    8,000 SF
    Lot Size
    23,087 SF

    Building Details

    Buildings
    4
    Property Profile Location Intelligence

    Current Use by Public Records

    AGD Limestone Works ... Manufacturer Terra Stone Design Stone Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellwood
    County
    Cook
    State
    Illinois
    Longitude
    -87.8602922
    Latitude
    41.8905603

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    FAQs

    What type of property is this?
    Distribution property - 8,000 SF Warehouse, Multi-Tenant
    Where is this distribution property located?
    The property is located at 2209 Railroad Ave Bellwood, IL.
    What is the asking price?
    The asking price for this property is $975,000.
    Request Owner's contact information
    2209 Railroad Ave Bellwood, IL 60104
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    Bellwood, IL 60104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2209 Railroad Ave Bellwood, IL 60104
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