1002 Eastern Avenue, Bellwood, Illinois 60104


$455,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1953
Property Taxes: $16,080
Days On Market: 1280
Lot Size: 0,00
Map
Street View

Description

Looking for an armchair investment with a generous return? Check out this four-unit, townhouse style brick building on corner lot. Generating an 8% cap rate as long-time owner passes utility expenses through to tenants. Two units recently renovated and vacant, making for easy first showing. Two occupied units are on month-to-month leases. Not much to do in terms of value-add, just a good, solid cash machine. Possible exit strategy: divide property into four PINs, sell units as fee simple townhouses, which most recently command up to $200,000 in Bellwood. Plenty of on-street parking available on Jackson and Eastern. Highest and best due 4 pm Friday, March 25.

Property Specifics

Multi-unit
1953
No
Cook
— / —
11353384
15161200550000

Property History

DATE: EVENT: PRICE: SOURCE:
8 Jul, 2022 Sold $455,000 MRED MLS
25 Mar, 2022 Under contract $480,000 MRED MLS
21 Mar, 2022 Listed for sale $480,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Partially Finished

Other Specifics

119.4 X 59
Not in DB

Tax History

Year Property Taxes
2022 $16,080

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Listing Provided By

Coldwell Banker Realty