Exceptional investment opportunity in the heart of Bellwood! This 7-unit building offers solid construction with good bones and well-maintained systems, making it a reliable asset. Each unit boasts a high-functioning layout, maximizing space and comfort for tenants. The property is currently occupied by long-term tenants, providing a stable income stream. With room for value-add improvements, this building offers future upside potential while already generating steady cash flow. Perfect for investors looking to expand their portfolio or first-time multifamily buyers seeking an income-producing property in a desirable location. Don't miss out on this opportunity to own a well-structured, income-generating property with solid tenant retention!
Attention investors! This is deluxe 5 unit building in Bellwood is a must see. Amazing location on a 75 foot lot! Two 3bd/1ba and Three 2bd/1ba units. 5 parking spots plus a 2 car garage! Professionally managed with longterm tenants. Recent updates include a newer roof (2016) and all new windows (2016). Coin operated laundry adds exra revenue! Extra large storage space in the east garden. An easy to manage and low maitenance building!
Building with Unlimited Potential! This adaptable space is ideal for a salon, barbershop, spa, retail, or office. Situated in a promising area poised for economic growth, investment potential and Single Family Residential (R1) development opportunity. The well-maintained building with recent upgrades is perfect for aspiring entrepreneurs or savvy investors. Seize the opportunity and schedule your showing today!
Originally a VFW banquet hall! Construction started to convert to funeral home. Great location across street from Post Office. Solid building with great floor plan for a meeting place. Room for sanctuary, fellowship hall, kitchen, 2 nice bathrooms plus a shower, large upstairs which could be an office/ss/nursery room. Plenty of parking. Building is almost empty! Zoning is B1 so check with the Village to see if your use would be allowed.
Beauty of Bellwood! This is an oppourtunity to share in the history of Bellwood. Georgous Sanctuary, along with four offices, two class rooms, full functioning kitchen, and very large social hall. Parking spaces surrounds the building. Sellers very motivated, pre-approved buyers only! Property is being sold AS IS.
3100 Randolph is a professionally maintained 71,498 SF industrial building. It was originally designed as a single-tenant building but currently houses eight tenants subdivided by cages. The building is positioned as an owner/user purchase opportunity, but a buyer may keep some or all of the tenants if preferred and because there are no demising walls for the tenants, can easily be restored back to a single tenant building. All tenants are either on a month-to-month lease basis or can be canceled with a 90-day written notice. The real estate taxes have been protested and successfully reduced. The property is priced on a per-square-foot basis; however, if a buyer is interested in reviewing the rent roll and expenses, the information can be provided. Following is a summary of the income: Gross Income: $427,800 Operating Expenses 2022: $186,996 (does not include CapEx, Vacancy Factor or Management Fee) Real Estate Taxes: $91,037 NOI: $149,767 Additional details: 71,498 SF Industrial Building 5 loading docks - 3 exterior and 2 interior Heavy Power Varied Ceiling Heights up to 18' Room for Semi-Truck Turnaround 2.98 Acre Lot Additional Street Parking 1 Mile from Full Interchange for I-290 20 Minute Drive to O'Hare International Airport 14 Miles from Chicago Located in Cook County
QUALITY & QUANTITY. Rarely available building in Bellwood! 6400 SQFT. Only 4 minutes away from I-290. A prized gem in anyone's portfolio on Mannheim Rd. Offering prominent exposure to passing traffic. A very versatile building for any tenant. With two HUGE overhead doors fit for most businesses. Owner occupied.
The median home value in Bellwood, IL is $265,000. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Bellwood, IL is $265,000. Approximately 70.1% of Bellwood homes are owned, compared to 23.92% rented, while 5.98% are vacant. Bellwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bellwood real estate agent to arrange a tour today!
Bellwood, Illinois has a population of 18,778. Bellwood is less family-centric than the surrounding county with 27.98% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Bellwood, Illinois is $66,517. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Bellwood is 37.7 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 38.2 inches per year, with 33.9 inches of snow per year.