$426,400
PENDING

1039 Bellwood Ave Bellwood, IL 60104

Estimated payment $3,524/month

Total Views 4,429
-- Bed
-- Bath
3,760 Sq Ft
$113 Price per Sq Ft

About This Home

** MULTIPLE OFFER NOTICE ** Please note that we have multiple offers and the property is being sold strictly in AS-IS condition. Highest And Best due Date Is 8/20/2025 11:59:00 PM. EVERY offer needs your response noted__HIGHEST AND BEST online. PROPERTY IS AVAILABLE UNTIL THE SELLER SIGNS AN OFFER. An outstanding opportunity. Brick 5 unit apartment building on Bellwood Ave! Bellwood's Compliance Inspection is within documents with Bellwood's recent approval of 5 units within this building. This is a 2.5 story apartment building__ all units have 4 rooms, 2 bedrooms, 1 bathroom, living room, kitchen. So many possibilities! Bring your best contractors, investors, and buyers who enjoy renovating and updating to improve their equity. See Broker Remarks-Per Seller, agents present their Own Offers. No additional utilities turned on for either inspection, appraisal or closing plus no additional repairs will be completed by the seller. Please be sure you've viewed the property prior to entering your offer. Agents, please confirm all MLS information for your buyers. For YOUR OFFERS: Current dated verification of all funds in name of buyer(s) needed for cash purchase including closing costs. IMPORTANT_ if your offer is "cash," you will need to include verification of ALL CASH FUNDS FOR PURCHASE WITHIN YOUR BUYER'S OWN ACCOUNTS with your offer (otherwise your offer is financing). See Seller addendum within documents for buyer/attorney to review prior to offers-no changes can be made. Listing agents can help answer your questions; however, per Seller, listing agents cannot enter your offers. Lot size and square footage per assessor. The sale of this property is made on an "As Is", "Where Is," "No Warranty," and "with All Faults" basis. Seller, listing agent and/or real estate company make no warranty or representation, express or implied. Taxes are 100% of last known tax bill. No survey is provided or paid for. Buyers to exercise due diligence for purchase. Property was acquired by Seller through Foreclosure. Seller has no knowledge of prior matters. 2nd PARCEL NUMBER, 1516170510000, has an additional lot size est. 119' X 8' with 2023 taxes paid in 2024 of $325.13-included within total taxes (no exemptions for this 2nd parcel). Easy access to I290, I88, I294, Memorial Park, plus Metra Train Station. Great location for tenants! NOTICE__ SECURITY CAMERAS PRESENT at property. Cameras will be removed prior to closing.

Listing Agent

Marge Pawlak

RE/MAX Enterprises License #475084352 Listed on: 08/01/2025

RE/MAX Enterprises

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,631

Year Built

  • Built in 1959

Lot Details

  • 3,960 Sq Ft Lot
  • Lot Dimensions are 33 x 119
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,760 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 100 Amp Service

Community Details

  • 5 Units
  • Operating Expense $14,631

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,631

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1959
  • Built Before 1978 (Y/N): Yes
  • Information: Seller's Disclosure,REO/Lender Owned,Code Compliance Reqd
  • Estimated Age: Older
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished
  • Refrigerators: 5
  • Ranges: 5
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • List Price: 426400

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Service - 0 to 100 Amps
  • Heat/Ventilation: Baseboard

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.09
  • Lot Dimensions: 33 X 119
  • Lot Size Sq Ft: 3960
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks
  • Alternate Phone Number: (630) 710-2550

Building Info

  • BuildingAreaTotal: 3760
  • Building Unit Info: No Units Furnished

Rental Info

  • Board Number: 10
  • Tenancy Type: None

Multi Family

  • NumberOfUnitsTotal: 5
  • OperatingExpense: 14631
  • Expense Year: 2024
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 14631.15
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $426,400 0.0% $113 / Sq Ft
12/20/2017 12/20/17 Rented $1,050 0.0% --
12/09/2017 12/09/17 For Rent $1,050 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12434828

Midwest Real Estate Data (MRED)