Property profile & analytics
535 24th Ave Bellwood, IL 60104-1666
- Residential income homes
- 1,920 SF
- 0.11 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-0495660
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 535 24th Ave
- Year built
- 1922
- Construction
- FRAME
- Lot size
- 0.11 lot acres
- Property size
- 1,920 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 15-10-309-009
- APU
- 1510309009
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bellwood
- County
- Cook
- State
- Illinois
- Longitude
- -87.8621
- Latitude
- 41.8825
- 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
$12,169
$2,318
$20,901
$23,219
-
$23,180
$209,010
$232,190
