Exceptional opportunity to own a beautifully updated legal 3-unit investment property in the heart of Bellwood. Whether you're expanding your investment portfolio or looking to owner-occupy while generating rental income, this property offers the perfect combination of immediate cash flow and long-term appreciation potential. The building has been updated with modern finishes throughout, including refreshed kitchens, updated bathrooms, contemporary lighting, fresh paint, and new flooring in select areas. Each unit offers bright, spacious living areas designed to attract quality tenants while minimizing immediate maintenance expenses. Current rental income is already impressive, with the garden apartment leased at $1,650/month, the first-floor unit leased at $2,000/month, and the second-floor unit projected to rent for approximately $2,200/month, creating a total potential gross rental income of $5,850 per month or over $70,000 annually. Bellwood has experienced steady rent growth in recent years, making this property an attractive opportunity for investors or homeowners seeking both immediate income and future upside.
Active
$499,000
525 25th Ave, Bellwood, IL 60104
8beds
--sqft
:
Get pre-qualified$3,758/mo
Multi Family
Built in 1953
-- sqft lot
$491,200 Zestimate®
$--/sqft
$-- HOA
What's special
Modern finishes throughoutContemporary lightingUpdated bathroomsFresh paintGarden apartmentRefreshed kitchens
- 17 days |
- 607 |
- 48 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Miguel Gutierrez 773-319-0569,
GMC Realty LTD
Source: MRED as distributed by MLS GRID,MLS#: 12699862
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Finished,Partial
Property
Parking
- Total spaces: 6
- Parking features: Yes, Owned
Lot
- Size: 4,958 Square Feet
Details
- Parcel number: 15103080280000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1953
- Major remodel year: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Location
- Region: Bellwood
Financial & listing details
- Tax assessed value: $320,000
- Annual tax amount: $15,000
- Date on market: 7/9/2026
- Ownership: Fee Simple
Estimated market value
$491,200
$467,000 - $516,000
$1,789/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $499,000+6.2% |
Source:  MRED as distributed by MLS GRID #12699862 Report a problem | ||
| 3/2/2026 | Sold | $470,000-1.1% |
Source: MRED as distributed by MLS GRID #12521430 Report a problem | ||
| 1/22/2026 | Contingent | $475,000 |
Source: MRED as distributed by MLS GRID #12521430 Report a problem | ||
| 1/12/2026 | Listed for sale | $475,000+24% |
Source: MRED as distributed by MLS GRID #12521430 Report a problem | ||
| 6/4/2024 | Listing removed | -- |
Source:  HomeSmart Report a problem | ||
| 4/14/2023 | Sold | $383,000-7.7% |
Source: MRED as distributed by MLS GRID #11673234 Report a problem | ||
| 2/24/2023 | Listed for sale | $415,000 |
Source: HomeSmart Report a problem | ||
| 2/23/2023 | Contingent | $415,000 |
Source: MRED as distributed by MLS GRID #11673234 Report a problem | ||
| 12/6/2022 | Listed for sale | $415,000 |
Source: MRED as distributed by MLS GRID #11673234 Report a problem | ||
| 11/25/2022 | Contingent | $415,000 |
Source: MRED as distributed by MLS GRID #11673234 Report a problem | ||
| 11/15/2022 | Price change | $415,000-2.4% |
Source: MRED as distributed by MLS GRID #11673234 Report a problem | ||
| 10/10/2022 | Listed for sale | $425,000+41.7% |
Source: MRED as distributed by MLS GRID #11649560 Report a problem | ||
| 3/11/2019 | Sold | $300,000 |
Source: Public Record Report a problem | ||
| 1/15/2019 | Pending sale | $300,000 |
Source: Lakewest Realty LLC #10167647 Report a problem | ||
| 1/8/2019 | Listed for sale | $300,000+30.5% |
Source: Lakewest Realty LLC #10167647 Report a problem | ||
| 7/1/2013 | Listing removed | $229,900 |
Source: Realty Executives Premiere #08208460 Report a problem | ||
| 3/22/2013 | Listed for sale | $229,900 |
Source: Realty Executives Premiere #08208460 Report a problem | ||
| 3/7/2013 | Pending sale | $229,900 |
Source: Realty Executives Premiere #08208460 Report a problem | ||
| 1/22/2013 | Listed for sale | $229,900-14.2% |
Source: Realty Executives Premiere #08208460 Report a problem | ||
| 11/19/2004 | Sold | $268,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,150 +4.9% | $32,000 +0% |
| 2023 | $14,448 +2% | $31,999 +18.4% |
| 2022 | $14,168 +1.4% | $27,033 |
| 2021 | $13,971 +2.5% | $27,033 |
| 2020 | $13,634 +109.7% | $27,033 +82.1% |
| 2019 | $6,500 -21.7% | $14,849 |
| 2018 | $8,304 +6.3% | $14,849 |
| 2017 | $7,815 +5% | $14,849 +9.9% |
| 2016 | $7,444 +5% | $13,515 |
| 2015 | $7,089 +0.8% | $13,515 |
| 2014 | $7,035 -9.1% | $13,515 -18.5% |
| 2013 | $7,738 +3.2% | $16,573 |
| 2012 | $7,500 +3.5% | $16,573 |
| 2011 | $7,247 -17.1% | $16,573 -26% |
| 2010 | $8,740 +1.6% | $22,404 |
| 2009 | $8,604 +14.9% | $22,404 -5% |
| 2008 | $7,486 +9.9% | $23,583 +8.6% |
| 2007 | $6,812 +4.2% | $21,713 |
| 2006 | $6,536 +5.1% | $21,713 |
| 2005 | $6,220 +8.1% | $21,713 +13.1% |
| 2004 | $5,755 +5.7% | $19,197 |
| 2003 | $5,443 +9% | $19,197 |
| 2002 | $4,991 +14% | $19,197 +25.5% |
| 2001 | $4,379 +1.1% | $15,294 |
| 2000 | $4,333 | $15,294 |
| 1999 | $4,333 | $15,294 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 60104
Nearby schools
GreatSchools rating
- 3/10Thurgood Marshall Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Roosevelt Middle SchoolGrades: 6-8Distance: 0.2 mi
- NAProviso West High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- District: 88
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $2,0503 bd1 ba1.2k sqft525 25th Ave #2, Bellwood, IL 60104For Rent
- $--2 bd1 ba900 sqft525 25th Ave #G, Bellwood, IL 60104Off Market
- $--3 bd1 ba1.2k sqft525 25th Ave #1, Bellwood, IL 60104Off Market
- $384,1008 bd3 ba1 sqft527 S 25th Ave, Bellwood, IL 60104Off Market
- $287,900-- bd-- ba-- sqft521 25th Ave, Bellwood, IL 60104Off Market
- $--3 bd1 ba-- sqft521 25th Ave FLOOR 1, Bellwood, IL 60104Off Market
- $--3 bd1 ba1.1k sqft527 25th Avenue #Second Floor, Bellwood, IL 60104Off Market
- $--3 bd1 ba1.1k sqft527 25th Avenue #First Floor, Bellwood, IL 60104Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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