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Multifamily

3500 Adams St

3500 Adams St, Bellwood, IL 60104

Listing Price: $550,000

Cap Rate
6.09%
Number of Units
5
GRM
7.50
Price/Unit
$110,000
Price/Gross SF
$148.65
Gross SF
3,700

Investment Overview

Marcus & Millichap is pleased to present this 29-unit apartment portfolio, located in Bellwood, Illinois.

Built between 1956 and 1962, the portfolio is comprised of 10 one-bedroom / one-bathroom units and 19 two-bedroom / one-bathroom units, measuring on average, approximately 650 and 753 square feet, respectively. The properties feature ample off-street parking, designated tenant storage, and on-site
laundry facilities.

This investment offers an investor the opportunity to acquire a recently renovated, walkable five building portfolio in a prime rental market, with strong potential for value growth and cash flow.

Investment Highlights

  • Recently Renovated - Five of Five Units Renovated
  • Desirable Unit Mix of Two-Bedroom Units
  • Located in a Prime Rental Market
  • Strong Potential for Value Growth and Cash Flow
  • Average Household Income within Three Miles is $100,476

Exclusively Listed By

Multifamily

3500 Adams St

Listing Price: $550,000

Cap Rate
6.09%
Number of Units
5
GRM
7.50
Price/Unit
$110,000
Price/Gross SF
$148.65
Gross SF
3,700

Investment Highlights

  • Recently Renovated - Five of Five Units Renovated
  • Desirable Unit Mix of Two-Bedroom Units
  • Located in a Prime Rental Market
  • Strong Potential for Value Growth and Cash Flow
  • Average Household Income within Three Miles is $100,476

Investment Overview

Marcus & Millichap is pleased to present this 29-unit apartment portfolio, located in Bellwood, Illinois. Built between 1956 and 1962, the portfolio is comprised of 10 one-bedroom / one-bathroom units and 19 two-bedroom / one-bathroom units, measuring on average, approximately 650 and 753 square feet, respectively. The properties feature ample off-street parking, designated tenant storage, and on-site laundry facilities. This investment offers an investor the opportunity to acquire a recently renovated, walkable five building portfolio in a prime rental market, with strong potential for value growth and cash flow.

Exclusively Listed By

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