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4317 St Charles Rd
Bellwood, IL 60104
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Significant Value-Add Opportunity: In-Place Rents Well Below Market with Substantial Upside Through Renovation and Professional Management.
- Transit-Oriented Location: Three Blocks from the Bellwood Metra Station (UP-West Line) with Direct Service to Downtown Chicago.
- Attractive Forecasted Returns: 8.03% Cap Rate, Nearly 10% Cash-on-Cash Return, and 6.14x GRM on a Stabilized Basis.
- Path-of-Growth Corridor: $43 Million Bellwood Gateway Development Under Construction on St. Charles Road.
Property Facts
| No. Units | 10 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 10,230 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 0.59/1,000 SF |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 10,230 SF |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 0.59/1,000 SF |
Property Taxes
| Parcel Number | 15-08-216-075-0000 | Improvements Assessment | $62,156 |
| Land Assessment | $6,125 | Total Assessment | $68,281 |
Property Taxes
Parcel Number
15-08-216-075-0000
Land Assessment
$6,125
Improvements Assessment
$62,156
Total Assessment
$68,281
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