328 27th Ave Bellwood, IL 60104
Estimated payment $2,535/month
About This Home
Outstanding opportunity to own this fully rented 2-flat in Bellwood! This property sits on a DOUBLE lot (separate PIN) on a quiet street. Both units are rented month to month allowing flexibility for new owner. Spacious layouts and lots of natural sunlight. Second floor was updated with vinyl floors and paint, has 3 bedrooms, first floor is in a good shape too and has 2 bedrooms. Unfinished basement has tons of storage space and potential for a laundry room. Space to build 2-3 car garage in the back with alley access. New boiler, updated electrical, vinyl windows. Great condition but sold as-is.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,600
Year Built
- Built in 1911
Lot Details
- 3,920 Sq Ft Lot
- Additional Parcels
Home Design
- Asphalt Roof
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Off-Street Parking
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 2 Units
- 2 Flat
Building Details
- Electric Expense $360
- Fuel Expense $2,400
- Water Sewer Expense $1,440
- Gross Income $33,780
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $1,118 | $2,477 | $2,380 | $97 |
| 2023 | $764 | $2,477 | $2,380 | $97 |
| 2022 | $764 | $1,457 | $1,360 | $97 |
| 2021 | $753 | $1,457 | $1,360 | $97 |
| 2020 | $735 | $1,457 | $1,360 | $97 |
| 2019 | $781 | $1,372 | $1,275 | $97 |
| 2018 | $767 | $1,372 | $1,275 | $97 |
| 2017 | $722 | $1,372 | $1,275 | $97 |
| 2016 | $709 | $1,287 | $1,190 | $97 |
| 2015 | $675 | $1,287 | $1,190 | $97 |
| 2014 | $670 | $1,287 | $1,190 | $97 |
| 2013 | $601 | $1,287 | $1,190 | $97 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | For Sale | $310,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $93,000 | Citywide Title Corporation |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,750 | New Conventional | |
| Closed | $140,000 | Construction |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12469034
APN: 15-09-215-041-0000
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