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Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12403306
Year Built 1963
Annual Tax Amount $15,067
Tax Year 2023
Lot Dimensions 40X125
Property Sub-Type Multi Family 5+
Property Description
3420 Warren Avenue, a five-unit apartment building located in the near west suburb of Bellwood. This well-maintained property has been under the same family ownership and management for over 25 years, and features a desirable unit mix of four (4) 2 bedroom/1-bathroom units and one (1) 3-bedroom/1-bathroom unit, along with five (5) surface parking spaces. With current rents 20% below market, the property offers considerable upside 'as is.' A new owner will also have the opportunity to make cosmetic upgrades and achieve further rental increases. 3420 Warren Ave. sits in a quiet pocket of Bellwood overlooking the Illinois Prairie Path while offering convenient access to the Eisenhower Expressway (I-290) and O'Hare International Airport
Location
State IL
County Cook
Interior
Fireplace N
Exterior
View Y/N true
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Listed by Michael Masterson • Essex 312, LLC
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Volodymyr Poshpur
Broker | License ID: 475.207267