2817 Saint Charles Rd, Bellwood, IL 60104-1542
This 5,160 square foot retail building, located at 2817 Saint Charles Road in Bellwood, Illinois, presents a unique investment opportunity. Originally constructed as a VFW banquet hall, the property has undergone initial renovations for conversion into a funeral home. However, the current owner has left the project unfinished, leaving a blank canvas for a discerning buyer. The building boasts a versatile floor plan, ideal for a variety of uses. Key features include a spacious main area suitable for a sanctuary or large meeting space, a sizable fellowship hall, a fully equipped kitchen, and two well-appointed bathrooms, one of which includes a shower. A large upstairs area offers additional space, potentially suitable for office space, storage, or a nursery. The property benefits from abundant on-site parking, a significant advantage in this location. The building is currently almost vacant, allowing for immediate customization to suit the buyer's specific needs. The property is zoned B1
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.