$415,001 SOLD Oct 2025
Listed at $399,900

1039 Bellwood Avenue, Bellwood, IL 60104

Closed
beds 0 baths Built 1959 Commercial Sale MLS #MRD12434828 75 days on market
Listing courtesy of RE/MAX Enterprises · 630-964-3000 · MLS #MRD12434828 · Status: Closed
Highest And Best due Date Is 10/7/2025 11:59:00 PM ** MULTIPLE OFFER NOTICE ** Please inform all that we have multiple offers and the property is being sold strictly in AS-IS condition. PROPERTY IS AVAILABLE UNTIL THE SELLER SIGNS AN OFFER. ALL OFFERS NEED YOUR RESPONCE FOR HIGHEST AND BEST. An outstanding opportunity. Brick 5 unit apartment building on Bellwood Ave! Bellwood's Compliance Inspection is within documents with Bellwood's recent approval of 5 units within this building. BUYERS MUST AGREE TO COMPLETE THE REPAIRS WITHIN BELLWOOD'S COMPLIANCE INSPECTION AFTER CLOSING. BUYERS NEED TO COMPLY WITH BELLWOOD'S ESCROW AND DOCUMENTS PRIOR TO CLOSING. This is a 2.5 story apartment building__ all units have 4 rooms, 2 bedrooms, 1 bathroom, living room, kitchen. So many possibilities! Bring your best contractors, investors, and buyers who enjoy renovating and updating to improve their equity. See Broker Remarks-Per Seller, agents present their Own Offers. No additional utilities turned on for either inspection, appraisal or closing plus no additional repairs will be completed by the seller. Property has been winterized. Please be sure you've viewed the property prior to entering your offer. Agents, please confirm all MLS information for your buyers. For YOUR OFFERS: Current dated verification of all funds in name of buyer(s) needed for cash purchase including closing costs. IMPORTANT_ if your offer is "cash," you will need to include verification of ALL CASH FUNDS FOR PURCHASE WITHIN YOUR BUYER'S OWN ACCOUNTS with your offer (otherwise your offer is financing). See Seller addendum within documents for buyer/attorney to review prior to offers-no changes can be made. Listing agents can help answer your questions; however, per Seller, listing agents cannot enter your offers. Lot size and square footage per assessor. The sale of this property is made on an "As Is", "Where Is," "No Warranty," and "with All Faults" basis. Seller, listing agent and/or real estate company make no warranty or representation, express or implied. Taxes are 100% of last known tax bill. No survey is provided or paid for. Buyers to exercise due diligence for purchase. Property was acquired by Seller through Foreclosure. Seller has no knowledge of prior matters. 2nd PARCEL NUMBER, 1516170510000, has an additional lot size est. 8' X 119' with 2023 taxes paid in 2024 of $325.13-included within total taxes (no exemptions for this 2nd parcel). Easy access to I290, I88, I294, Memorial Park, plus Metra Train Station. Great location for tenants! NOTICE__ SECURITY CAMERAS PRESENT at property. Cameras will be removed prior to closing.

Property details

Interior

Basement
Partially Finished

Building & exterior

Exterior
Brick

Lot & location

Lot dimensions
33 X 119
Township
Proviso
County
Cook

Utilities

Cooling
Wall Sleeve
Electricity
Service - 0 to 100 Amps

Taxes & terms

Annual taxes
$14,631 (2023)
Parcel number (PIN)
15161170500000
PIN
15161170500000
Possession
Closing
Listed
8/1/2025
Sold
10/30/2025
Sold price
$415,001
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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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