Apartments For Sale • 10,230 SF
| 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. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 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 |
| Airport | Drive | Walk | Distance |
| Chicago O'Hare International | 17 min | - | 8.8 mi |
| Chicago Midway International | 22 min | - | 12.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 6 |
| Type: | Surface |
| Included in Rent: | Yes |