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Multifamily

3508 Warren Ave

3508 Warren Ave, Bellwood, IL 60104

Listing Price: $499,000

Cap Rate
6.63%
Number of Units
6
Price/Unit
$83,167
Price/Gross SF
$100.00
Gross SF
4,990

Investment Overview

Marcus & Millichap is pleased to present this 12-unit multifamily investment, built in 1961, located at 3506-3508 Warren Avenue in Bellwood, Illinois. The two six-unit buildings are comprised of three one-bedroom / one-bathroom garden units, eight two-bedroom / one-bathroom units, and one two-bedroom / one-bathroom garden unit, measuring 653, 846, and 865 square feet, respectively. The property features ample off-street parking, designated tenant storage, and an on-site laundry facility. This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow upon acquisition.

Investment Highlights

  • Desirable Unit Mix for 3508 Warren Avenue (One One-Bedroom / One-Bathroom Garden Unit, One Two-Bedroom / One-Bathroom Garden Unit, and Four Two-Bedroom / One-Bathroom Units)
  • Ample Off-Street Parking
  • Designated Tenant Storage
  • On-Site Laundry Facility
  • Easy Access to Interstate 290 and Route 45
  • Walking Distance to Bellwood Metra Station
  • Walking Distance to Madison Street and Eastern Avenue PACE Bus Stop
  • Close Proximity to Retail and Dining Options and Surrounded by Numerous Schools and Recreational Parks

Exclusively Listed By

Multifamily

3508 Warren Ave

Listing Price: $499,000

Cap Rate
6.63%
Number of Units
6
Price/Unit
$83,167
Price/Gross SF
$100.00
Gross SF
4,990

Investment Highlights

  • Desirable Unit Mix for 3508 Warren Avenue (One One-Bedroom / One-Bathroom Garden Unit, One Two-Bedroom / One-Bathroom Garden Unit, and Four Two-Bedroom / One-Bathroom Units)
  • Ample Off-Street Parking
  • Designated Tenant Storage
  • On-Site Laundry Facility
  • Easy Access to Interstate 290 and Route 45
  • Walking Distance to Bellwood Metra Station
  • Walking Distance to Madison Street and Eastern Avenue PACE Bus Stop
  • Close Proximity to Retail and Dining Options and Surrounded by Numerous Schools and Recreational Parks

Investment Overview

Marcus & Millichap is pleased to present this 12-unit multifamily investment, built in 1961, located at 3506-3508 Warren Avenue in Bellwood, Illinois. The two six-unit buildings are comprised of three one-bedroom / one-bathroom garden units, eight two-bedroom / one-bathroom units, and one two-bedroom / one-bathroom garden unit, measuring 653, 846, and 865 square feet, respectively. The property features ample off-street parking, designated tenant storage, and an on-site laundry facility. This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow upon acquisition.

Exclusively Listed By

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