For Sale
$395,000

535 24Th Ave Bellwood, IL 60104

Seven-unit building, strong cash flow, Bellwood, IL.

Overview

Added:
Feb 3
Days on market:
78
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.

Property Details for 535 24Th Ave

Property type
Commercial real estate
Year Built
1926

Location Insight

City
Bellwood
County
Cook
State
Illinois
Latitude
41.88254
Longitude
-87.86211

FAQs

What type of property is this?
Commercial real estate - Seven-unit building, strong cash flow, Bellwood, IL.
Where is the commercial real estate located?
The property is located at 535 24Th Ave Bellwood, IL.
What is the asking price?
The asking price for this property is $395,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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535 24Th Ave
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