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4317 St Charles Rd
Bellwood, IL 60104 West Cook

Price Upon Request

Apartments For Sale  •  10,230 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,230 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1963
60 Transit Score
60 Walk Score

Highlights

Significant Value-Add Opportunity: In-Place Rents Well Below Market with Substantial Upside Through Renovation and Professional Management.
Attractive Forecasted Returns: 8.03% Cap Rate, Nearly 10% Cash-on-Cash Return, and 6.14x GRM on a Stabilized Basis.
Transit-Oriented Location: Three Blocks from the Bellwood Metra Station (UP-West Line) with Direct Service to Downtown Chicago.
Path-of-Growth Corridor: $43 Million Bellwood Gateway Development Under Construction on St. Charles Road.

Public Transportation

Commuter RailDriveWalkDistance
Bellwood Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 1 min 8 min 0.5 mi
Berkeley Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.9 mi
AirportDriveWalkDistance
Chicago O'Hare International 17 min - 8.8 mi
Chicago Midway International 22 min - 12.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes