2311 St Charles Road



MLS# 09735925


VERY SOLID 5-UNIT BUILDING! Operating expenses are very realistic - room to push rents. Pro Forma Cap rate of 9.8% by getting rents to market. Bank owned. Recent roof, soffit and gutters, half of building features new thermopane windows, ceramic tile throughout, and maintained boiler. All units and common areas recently painted. 4 of 5 new tenants as of 3/2017 - generally 2x monthly rent security deposits. All apartments are 2-Bed / 1-Bath & 825 SF. Building is well kept inside and out - bank has done extensive work in 2016-2017 with more updates scheduled in the immediate future.

This listing 2311 St Charles Road Bellwood, Il 60104 is a multi family 5+ listing . 2311 St Charles Road was built in 1962. 2311 St Charles Road is located in Bellwood and in ZIP Code 60104. It has been listed on our site since Aug 30, 2017.

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Listing Office: First Western Properties

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