Miguel Ruiz
Baird & Warner
(708) 859-7355
22 Total Sales
1 in Bellwood
$425,000 Price
1002 Eastern Ave Bellwood, IL 60104
Bellwood AreaEstimated Value: $221,000 - $552,941
8
Beds
4
Baths
--
Sq Ft
7,144
Sq Ft Lot
Highlights
- Rowhouse Architecture
- Porch
- Ceiling Fan
- Corner Lot
- Forced Air Heating System
About This Home
As of July 2022Looking 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.
Last Agent to Sell the Property
Coldwell Banker Realty License #471002441 Listed on: 03/22/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,080
Year Built
- Built in 1953
Lot Details
- Lot Dimensions are 119.4 x 59
- Corner Lot
- Paved or Partially Paved Lot
- Level Lot
Home Design
- Rowhouse Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $2,500
- Gross Income $57,804
- Net Operating Income $39,224
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2023
Sold by
Harper Carmella
Bought by
Current Estimated Value
Purchase Details
Listed on
Mar 22, 2022
Closed on
May 25, 2022
Sold by
Barry R Sobotka Living Trust
Bought by
Harper Carmella R
Seller's Agent
Mark Ruda
Coldwell Banker Realty
Buyer's Agent
Angela Walker
Angela Walker Homes Real Estate Group
List Price
$480,000
Sold Price
$455,000
Premium/Discount to List
-$25,000
-5.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.78%
Original Mortgage
$341,250
Interest Rate
7.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 14, 2011
Sold by
Chicago Title Land Trust Company
Bought by
Sobotka Barry R and Barry R Sobotka Living Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bellwood, IL
-
Miguel Ruiz
-
Antonio Romero
Antonio Romero
Hometown Real Estate Group LLC
(708) 813-2097
31 Total Sales
6 in Bellwood
$210K - $545K Price Range
-
Nicole Jackson-Hopkins
Nicole Jackson-Hopkins
Ashar Real Estate Group, LLC
(331) 244-3537
11 Total Sales
1 in Bellwood
$170,000 Price
-
Elizabeth Goodchild
Elizabeth Goodchild
Realty of America
(224) 479-1826
473 Total Sales
2 in Bellwood
$190K - $235K Price Range
-
Brian Wacht
BW
Brian Wacht
Kale Realty
(224) 258-0319
75 Total Sales
1 in Bellwood
$117,500 Price
-
Johnson Maliekkal
Johnson Maliekkal
Realta Real Estate
(833) 554-1189
101 Total Sales
1 in Bellwood
$255,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Harper Carmella R | $455,000 | None Listed On Document | |
| Sobotka Barry R | -- | Chicago Title Land Trust Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $341,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $455,000 | -5.2% | -- |
| 03/25/2022 03/25/22 | Pending | -- | -- | -- |
| 03/22/2022 03/22/22 | For Sale | $480,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,140 | $32,583 | ||
| 2025 | $3,915 | $33,275 | ||
| 2024 | $3,598 | $34,137 | ||
| 2023 | $3,598 | $34,137 | $0 | $0 |
| 2022 | $3,305 | $28,384 | $0 | $0 |
| 2021 | $3,468 | $28,384 | $0 | $0 |
| 2020 | $3,596 | $0 | $0 | $0 |
| 2019 | $3,121 | $29,730 | $0 | $0 |
| 2018 | $3,468 | $29,340 | $0 | $0 |
| 2017 | $3,568 | $29,340 | $0 | $0 |
| 2016 | $1,166 | $9,114 | $0 | $0 |
| 2015 | $220 | $1,771 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Ruda
Seller's Agent in 2022
Mark Ruda
Coldwell Banker Realty
(708) 524-1100
9 Total Sales
-
Angela Walker
Buyer's Agent in 2022
Angela Walker
Angela Walker Homes Real Estate Group
(708) 983-8178
151 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11353384
APN: 15-16-120-055-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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