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$490,000
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Property Description
Recently renovated, walkable 5-unit building located in Bellwood. Desirable unit mix of one 1-bedroom and four 2-bedroom units. 3 of 5 units have been recently renovated. Tenants pay for heat and hot water. Building features ample off-street parking and an on-site laundry facility. Property is within walking distance of Pace Bus Stops, provides convenient access to Interstate 290, and is approximately one and a half miles from the Bellwood Metra Station. The area features numerous retail and dining options and is surrounded by several recreational parks. Located in a prime rental market with strong potential for value growth and cash flow. Bellwood pre-sale inspection report available upon request.
Full Property Details
Full Property Details for 1013 Bellwood Ave
General
- Price: $490,000
- HOA FEE: $1,500
- Taxes: $14,743 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12425982
- Updated: 1/11/2026
- Added to Site: 179 day(s) ago
Location
- Area: Bellwood
- County: Cook
- Township: Proviso
- Driving Directions: North Mannheim Road - East on Jackson Street - South on Bellwood Avenue
Heating & Cooling
- Heating Type: Separate per Unit
Utilities
- Trash: 2829
Structural Information
- Stories/Levels: 2
- Square Feet: 3,700
- Current Bldg. Use: Multi-Family
- Year Built: 1956
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,000
- Lot Dimensions: 6, 000 SF
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $1,500
- Insurance Fee: $4,033
- Operating Expenses: $33,886
- Other Fee: $1,750
- Assessment Year: 1956
- Tax Amount: $14,743
- Tax Year: 2024
- Tenant Pays: Heat, Hot Water
- Pays Electric: 705
- Pays Trash: 2829
Disclosures and Reports
- Property ID: 15161170470000
Listed by Marcus & Millichap Chicago Apartment Brokers
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Schools
Schools serving 1013 Bellwood Ave
School Districts:Proviso Township High School District 209, Bellwood School District 88
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Bellwood, IL 3420 Jackson Street, Bellwood, IL 60104 | K-5 | 0.1 mi |
Roosevelt Middle School, Bellwood, IL 2500 Oak Street, Bellwood, IL 60104 | 6-8 | 1 mi |
Proviso West High School 4701 Harrison Street, Hillside, IL 60162 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1013 Bellwood Ave
Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$490,000
-1.01%
MLS
10/08/2025
Price Reduced
$495,000
-1%
MLS
7/23/2025
Listed
$500,000
42.86%
MLS
2/19/2020
Sold
$350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1013 Bellwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,060
-13%
$31,140
—
2022
$16,246
1%
$30,998
—
2021
$16,021
14%
$30,998
—
2020
$14,069
33%
$30,998
41%
2019
$10,570
2%
$21,999
—
2018
$10,382
-4%
$21,999
-8%
2017
$10,844
2%
$23,978
10%
2016
$10,638
6%
$21,810
—
2015
$10,064
—
$21,810
—
2014
$10,016
1%
$21,810
-9%
2013
$9,902
3%
$23,838
—
2012
$9,659
—
$23,838
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1013 Bellwood Ave
1013 Bellwood Avenue, Bellwood, IL 60104 (MLS# 12425982) is a Commercial property. 1013 Bellwood Avenue is currently listed for $490,000 and was received on July 23, 2025. Want to learn more about 1013 Bellwood Avenue? Do you have questions about finding other Commercial real estate for sale in Bellwood? You can browse all Bellwood real estate or contact a Coldwell Banker agent to request more information.

