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    Property profile & analytics

    221 27th Ave Bellwood, IL 60104-1210

    • Residential income homes
    • 2,376 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $135,000
    Last Sale
    Mar 19, 2024
    $155,000
    Location Intelligence
    Property ID
    US28-2784418
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 221 27th Ave

    Year built
    1918
    Construction
    FRAME
    Lot size
    0.07 lot acres
    Property size
    2,376 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    15-09-208-006
    APU
    1509208006

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bellwood
    County
    Cook
    State
    Illinois
    Longitude
    -87.8658
    Latitude
    41.8885
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $6,022
    $1,608
    $13,302
    $14,910
    -
    $16,080
    $133,020
    $149,100

    Comparable in this City

    • Value Estimation by Request
      2,408 SF

      3922 Van Buren St, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,408 SF
      3922 Van Buren St, Bellwood, IL 60104-1977
      View Details
    • Value Estimation by Request
      3,800 SF

      646 23rd Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,800 SF
      646 23rd Ave, Bellwood, IL 60104
      View Details
    • Value Estimation by Request
      2,208 SF

      414 24th Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,208 SF
      414 24th Ave, Bellwood, IL 60104-1679
      View Details
    • Value Estimation by Request
      1,584 SF

      500 24th Ave, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,584 SF
      500 24th Ave, Bellwood, IL 60104-1652
      View Details
    • Value Estimation by Request
      2,150 SF

      527 25th Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,150 SF
      527 25th Ave, Bellwood, IL 60104-1900
      View Details
    • Value Estimation by Request
      3,395 SF

      200 26th Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,395 SF
      200 26th Ave, Bellwood, IL 60104-1248
      View Details

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    • New
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    Similar Nearby for Lease

    • Contact for pricing
      48,000 SF

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    • $8 SF/Yr
      54,448 SF

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    221 27th Ave
    Bellwood, IL 60104-1210
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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
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