3500 Adams St Bellwood, IL 60104
Estimated payment $4,286/month
About This Home
Recently renovated, walkable 5-unit building located in Bellwood. Desirable unit mix of all two-bedroom units and all units have been recently renovated. Building features ample off-street parking, designated tenant storage, and an on-site laundry facility. Property is within walking distance of Pace Bus Stops, provides convenient access to Interstate 290, and is approximately one and a half miles from the Bellwood Metra Station. The area features numerous retail and dining options and is surrounded by several recreational parks. Located in a prime rental market with strong potential for value growth and cash flow. Bellwood pre-sale inspection report available upon request.
Listing Agent
Marcus & Millichap Chicago Apartment Brokers License #475186663 Listed on: 07/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,254
Year Built
- Built in 1960
Lot Details
- 5,040 Sq Ft Lot
Interior Spaces
- 3,700 Sq Ft Home
- 2-Story Property
Utilities
- Baseboard Heating
- Hot Water Heating System
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $531
- Fuel Expense $3,001
- Insurance Expense $4,387
- Maintenance Expense $1,500
- Manager Expense $3,596
- Other Expense $1,750
- Trash Expense $2,362
- Water Sewer Expense $2,326
- Operating Expense $37,208
- Gross Income $74,760
- Net Operating Income $34,714
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/22/2025 07/22/25 | For Sale | $550,000 | +119.1% | $149 / Sq Ft |
02/10/2017 02/10/17 | Sold | $251,000 | -16.3% | -- |
12/07/2016 12/07/16 | Pending | -- | -- | -- |
08/15/2016 08/15/16 | For Sale | $299,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12422843

- 3504 Adams St
- 3415 Adams St
- 3604 Wilcox Ave
- 3509 Wilcox Ave
- 915 Bellwood Ave
- 1013 Bellwood Ave
- 1023 Rice Ave
- 1039 Bellwood Ave
- 3216 Monroe St
- 1012 Marshall Ave
- 1015 32nd Ave
- 3901 Jackson St
- 1004 31st Ave
- 3420 Warren Ave
- 1135 Rice Ave
- 3912 Adams St
- 1102 31st Ave
- 1136 Park Place
- 1108 31st Ave
- 1128 Marshall Ave
- 1031 Bellwood Ave Unit C
- 1125 Bohland Ave Unit 1
- 624 Norfolk Ave Unit ID1237891P
- 735 Hull Ave
- 749 Manchester Ave
- 805 Norfolk Ave
- 1007 Bristol Ave
- 9919 Roosevelt Rd Unit 3
- 301 Bohland Ave
- 10300 Pelham St
- 404 46th Ave
- 1222 W Madison St Unit 202.1403848
- 1222 W Madison St Unit 302.1403846
- 1725 Madison St Unit 2nd floor
- 1021 S 16th Ave Unit 2
- 124 46th Ave
- 1543 Suffolk Ave
- 10324 Canterbury St Unit 1
- 47 S 20th Ave Unit G
- 1020 S 13th Ave Unit 1