NOT LISTED FOR SALE

3410 Warren Ave Bellwood, IL 60104

Bellwood Area
11 Beds
6 Baths
-- Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: December 28, 2022

Last sale price $550,000

230 Days on Market

About This Home

As of December 2022

Fantastic turnkey investment opportunity. This six unit building has (5) 2br units and (1) 1br with all units beautifully renovated . Great cash flow and beautiful finishes within the units keeps the occupancy rate high. Inquire now!

Last Agent to Sell the Property

Ron Lewis

Re/Max Cityview License #475165076 Listed on: 01/24/2022

Re/Max Cityview

Last Buyer's Agent

Non Member

NON MEMBER

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,531

Year Built

  • Built in 1961

Lot Details

  • 2,178

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50x117
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,750
  • Fuel Expense $1,750
  • Insurance Expense $2,100
  • Maintenance Expense $500
  • Other Expense $2,400
  • Trash Expense $1,440
  • Water Sewer Expense $4,000
  • Operating Expense $32,692
  • Gross Income $6,725
  • Net Operating Income $51,028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,531

Year Built

Built in 1961

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1961
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: New Rehab
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Utilities

  • Heat/Ventilation: Baseboard

Fee Information

  • Trash Expense: 1440
  • Water Sewer Expenses: 4000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X117

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 8

Multi Family

  • Net Operating Income: 51028
  • Fuel Expense: 1750
  • Insurance Expense: 2100
  • ElectricExpense: 1750
  • GrossIncome: 6725
  • Maintenance Expense: 500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 32692
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 16531
  • Tax Year: 2020

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

Listed on
Jan 24, 2022
Closed on
Nov 30, 2022
Sold by
Chicago Trust
Bought by
Seller's Agent
Ron Lewis
Re/Max Cityview
Buyer's Agent
Non Member
NON MEMBER
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$130,200
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2017
Closed on
Dec 12, 2017
Sold by
Group One Properties Llc
Bought by
Oxford Bank & Trust and Trust Number 1889
Seller's Agent
Jeff Gustafson
R & D Realty & Management LTD
Buyer's Agent
Marcie Bulbuc
United Real Estate - Chicago
List Price
$374,900
Sold Price
$360,000
Premium/Discount to List
-$14,900
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$270,000
Interest Rate
4.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2009
Sold by
Jordan Booker
Bought by
Group One Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 1998
Sold by
Continental Community Bank & Trust Co
Bought by
Jordan Booker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 1993
Sold by
Pinnacle Bank
Bought by
Maywood Proviso State Bank
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Bellwood, IL

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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
$550,000 Chicago Title
Oxford Bank & Trust $360,000 Old Republic Title
Group One Properties Llc -- Cti
Jordan Booker $197,500 --
Maywood Proviso State Bank $78,666 --
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
Open $412,500
Previous Owner Oxford Bank & Trust $270,000
Closed Group One Properties Llc $345,000
Previous Owner Jordan Booker $158,000
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 Prior Sale
12/28/2022 12/28/22 Sold $550,000 -8.2% --
09/13/2022 09/13/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $599,000 +8.9% --
07/31/2022 07/31/22 Off Market $550,000 -- --
07/08/2022 07/08/22 Price Changed $599,000 -1.8% --
06/07/2022 06/07/22 Price Changed $610,000 -0.8% --
05/24/2022 05/24/22 For Sale $615,000 -1.6% --
03/09/2022 03/09/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $625,000 +73.6% --
03/18/2018 03/18/18 Off Market $360,000 -- --
12/12/2017 12/12/17 Sold $360,000 -4.0% $68 / Sq Ft View Prior Sale
10/23/2017 10/23/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $374,900 -- $71 / Sq Ft
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
2025 $1,722 $13,941
2024 $1,632 $13,277
2023 $1,632 $33,950 $6,790 $27,160
2022 $1,581 $27,510 $5,500 $22,010
2021 $1,620 $26,770 $5,350 $21,420
2020 $1,534 $26,070 $5,210 $20,860
2019 $1,465 $21,380 $4,270 $17,110
2018 $1,345 $20,650 $4,130 $16,520
2017 $1,341 $19,120 $3,820 $15,300
2016 $1,317 $15,870 $3,170 $12,700
2015 $1,222 $13,010 $2,600 $10,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11310909

Midwest Real Estate Data (MRED)
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