4317 St Charles Rd - Apartments FOR SALE
Bellwood, IL 60104 |
4317 St Charles Rd
Bellwood, IL 60104
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.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
10230
STORIES
3
YEAR BUILT
1963
PARKING SPACES
6
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
15-08-216-075-0000
