BEDS8
BATHS3 full
MLS#12699862
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 209
Property Description
Exceptional opportunity to own a beautifully updated legal 3-unit investment property in the heart of Bellwood. Whether you're expanding your investment portfolio or looking to owner-occupy while generating rental income, this property offers the perfect combination of immediate cash flow and long-term appreciation potential. The building has been updated with modern finishes throughout, including refreshed kitchens, updated bathrooms, contemporary lighting, fresh paint, and new flooring in select areas. Each unit offers bright, spacious living areas designed to attract quality tenants while minimizing immediate maintenance expenses. Current rental income is already impressive, with the garden apartment leased at $1,650/month, the first-floor unit leased at $2,000/month, and the second-floor unit projected to rent for approximately $2,200/month, creating a total potential gross rental income of $5,850 per month or over $70,000 annually. Bellwood has experienced steady rent growth in recent years, making this property an attractive opportunity for investors or homeowners seeking both immediate income and future upside.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Partial
Heating: Natural Gas
Lot Size: 4,958
Taxes: $15,000
Year Built: 1953
Feature Descriptions
Exterior: Brick
Lot Dimensions: 4958
Parcel#: 15103080280000
Parking: Yes, Owned
Sewer: Public Sewer
Total Rooms: 14
Township: Proviso
Water: Lake Michigan, Public
Local Schools
School District: District 209
Listed By / Shown By
Listed By
Agency Name: GMC Realty LTD
Agency Phone: 630-994-3200
Shown By
Agent Name: Carol 'Korky' Williams
Agent Phone: (815) 494-7812
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 3,662.16 per month $2,266.61 Principal & Interest $1,250.00 Property Tax $145.54 Homeowner's InsuranceChange Payment Information
Carol 'Korky' Williams
Cell: (815) 494-7812
Fax: (815) 231-8676
Office Number: (815) 282-2222
Email Me
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525 25th Avenue | MLS# 12699862
This multi-family property located at 525 25th Avenue , Bellwood, IL 60104 is currently listed for sale with an asking price of $499,000. 25th Avenue is located within the District 209 school district. Search Bellwood real estate on cwilliams.gogambino.com today.