Laura Catrambone-Gerace
Responds Quickly
Coldwell Banker Stratford Place
(224) 507-7159
172 Total Sales
2 in West Village
$85K - $150K Price Range
535 24th Ave Bellwood, IL 60104
West Village Neighborhood
8
Beds
8
Baths
--
Sq Ft
1926
Built
About This Home
As of June 2025Investment opportunity in the heart of Bellwood! This 7-unit building offers good bones and well-maintained systems, making it a solid asset. Each unit boasts a high-functioning layout, maximizing space and comfort for tenants. The property is currently occupied by long-term tenants, providing a stable income stream. With room for value-add improvements, this building offers future upside potential while already generating steady cash flow. Perfect for investors looking to expand their portfolio or first-time multifamily investors seeking an income-producing property in a desirable location. Don't miss out on this opportunity to own an income-generating property with solid tenant retention! Property is sold As-Is. Buyer is to assume Village Inspection Report.
Last Agent to Sell the Property
Epique Realty Inc License #475201993 Listed on: 01/06/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Additional Features
- 2-Story Property
- Heating System Uses Gas
Community Details
Overview
- 7 Units
Building Details
- Gross Income $6,962
- Net Operating Income $83,544
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 6, 2025
Closed on
Jun 4, 2025
Sold by
Fortress Real Estate Investments Llc-Fre
Bought by
Seller's Agent
Caprice Jackson
Epique Realty Inc
Buyer's Agent
Michael Savegnago
Legacy Properties, A Sarah Leonard Company
List Price
$395,000
Sold Price
$340,000
Premium/Discount to List
-$55,000
-13.92%
Views
28
Purchase Details
Closed on
Apr 23, 2013
Sold by
Smith Mark W and Cartina Deborah A
Bought by
Fortress Real Estate Investments Llc Fre
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,875
Interest Rate
3.56%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 22, 2002
Sold by
Williams Hosie N and Williams Lettie M
Bought by
Smith Mark W and Cartina Deborah A
Purchase Details
Closed on
Aug 24, 1993
Sold by
Schneider James C and Schneider Deborah R
Bought by
Williams Hosie N and Williams Lettie M
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Village, IL
-
Laura Catrambone-Gerace
-
Airel Hermosillo
Airel Hermosillo
Smart Home Realty
(630) 761-5132
272 Total Sales
1 in West Village
$80,000 Price
-
Kimberley Peirce
Kimberley Peirce
Jameson Sotheby's International Realty
(708) 859-6554
24 Total Sales
1 in West Village
$488,250 Price
-
Oscar Arteaga
Oscar Arteaga
Keller Williams Infinity
(773) 694-4311
76 Total Sales
2 in West Village
$115K - $148K Price Range
-
Danny Ross
Danny Ross
HomeSmart Connect LLC
(224) 803-3213
86 Total Sales
1 in West Village
$324,900 Price
-
Angela Walker
Angela Walker
Angela Walker Homes Real Estate Group
(708) 300-9563
150 Total Sales
3 in West Village
$373K - $460K Price Range
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 |
|---|---|---|---|
| $340,000 | Prairie Title | ||
| Fortress Real Estate Investments Llc Fre | $142,500 | None Available | |
| Smith Mark W | $190,500 | -- | |
| Williams Hosie N | -- | Land Title 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 |
|---|---|---|---|
| Open | $600,000 | ||
| Previous Owner | Fortress Real Estate Investments Llc Fre | $106,875 |
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 |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | Sold | $340,000 | -13.9% | -- |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | For Sale | $395,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $19,001 | $38,058 | $2,684 | $35,374 |
| 2024 | $19,001 | $38,058 | $2,684 | $35,374 |
| 2023 | $12,169 | $42,083 | $2,684 | $39,399 |
| 2022 | $12,169 | $23,220 | $2,318 | $20,902 |
| 2021 | $12,000 | $23,219 | $2,318 | $20,901 |
| 2020 | $11,710 | $23,219 | $2,318 | $20,901 |
| 2019 | $10,070 | $17,691 | $2,074 | $15,617 |
| 2018 | $9,894 | $17,691 | $2,074 | $15,617 |
| 2017 | $9,311 | $17,691 | $2,074 | $15,617 |
| 2016 | $7,849 | $14,249 | $1,830 | $12,419 |
| 2015 | $7,474 | $14,249 | $1,830 | $12,419 |
| 2014 | $7,417 | $14,249 | $1,830 | $12,419 |
| 2013 | $6,653 | $14,250 | $1,830 | $12,420 |
Source: Public Records
Agents Affiliated with this Home
-
Caprice Jackson
CJ
Seller's Agent in 2025
Caprice Jackson
Epique Realty Inc
(888) 893-3537
3 in this area
21 Total Sales
-
Michael Savegnago
MS
Buyer's Agent in 2025
Michael Savegnago
Legacy Properties, A Sarah Leonard Company
3 in this area
43 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12264963
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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