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$415,001
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Property Description
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.
Full Property Details
Full Property Details for 1039 Bellwood Ave
General
- Sold For: $415,001
- Taxes: $14,631 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12434828
- Added to Site: 205 day(s) ago
Location
- Area: Bellwood
- County: Cook
- Driving Directions: Manheim RD/ RT 45 (north of I290) toJackson-E, Bellwood-S
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Baseboard
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished
- Stories/Levels: 2
- Square Feet: 3,760
- Year Built: 1959
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,960
- Lot Dimensions: 33 x 119
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $14,631
- Assessment Year: 1959
- Tax Amount: $14,631.15
- Tax Year: 2023
Disclosures and Reports
- Property ID: 15161170500000
Listed by RE/MAX Enterprises
Sold by Hometown Real Estate Group LLC
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Schools
Schools serving 1039 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 | 1.1 mi |
Proviso West High School 4701 Harrison Street, Hillside, IL 60162 | 9-12 | 1.2 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 1039 Bellwood Ave
Date
Details
Price
Change
Source
10/30/2025
Sold
$415,001
3.78%
MLS
9/25/2025
Price Reduced
$399,900
-6.21%
MLS
8/01/2025
Listed
$426,400
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1039 Bellwood Avenue, Bellwood, IL 60104 (MLS# 12434828) is a Commercial property that was sold at $415,001 on October 30, 2025. Want to learn more about 1039 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.

