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About the Listing 23948 - 264956
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.
Interior Details
- Bedrooms: 8
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Partial
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 4958
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Owned
Financial Details
- Tax Amount: $15,000
- Taxes w/Assessments: N/A
- Tax/Property ID: 15103080280000
- Tax Year: 2025
Payment Calculator
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Questions About..
525 25th Ave Bellwood, IL 60104
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