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4806 Saint Charles Rd

5 Unit Apartment Building $906,472 CAD ($181,294 CAD/Unit) 6.17% Cap Rate Bellwood, IL 60104

Investment Highlights

  • 5 Spots plus 2 Car Garage
  • Turn Key Property
  • Professionally Managed
  • Delux Building

Executive Summary

Deluxe 5 unit building in Bellwood. Great location on a 75 foot lot. 2 x 3bd/1ba, 3 x 2bd/1ba. 5 parking spots plus a 2 car garage! Professionally managed with longterm tenants. New Roof and all new Windows installed circa 2016. This is an easy to manage turn-key property! This property is available individually or as a package with 1526 Bataan, Broadview and 1637 S 18th Ave, Maywood.

Attachments

4806_I&E

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $111,714 $20.06
Other Income - -
Vacancy Loss $3,351 $0.60
Effective Gross Income $108,363 $19.45
Taxes $30,168 $5.42
Operating Expenses $22,242 $3.99
Total Expenses $52,410 $9.41
Net Operating Income $55,953 $10.05

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $111,714
Annual Per SF $20.06
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $3,351
Annual Per SF $0.60
Effective Gross Income (CAD)
Annual $108,363
Annual Per SF $19.45
Taxes (CAD)
Annual $30,168
Annual Per SF $5.42
Operating Expenses (CAD)
Annual $22,242
Annual Per SF $3.99
Total Expenses (CAD)
Annual $52,410
Annual Per SF $9.41
Net Operating Income (CAD)
Annual $55,953
Annual Per SF $10.05

Property Facts

Price $906,472 CAD
Price Per Unit $181,294 CAD
Sale Type Investment
Cap Rate 6.17%
Gross Rent Multiplier 9.4
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.25 AC
Building Size 5,570 SF
Average Occupancy 60%
No. Stories 2
Year Built/Renovated 1963/2016
Parking Ratio 1.26/1,000 SF

Site Amenities

  • Laundry Facilities
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 $1,965 CAD -
3+1 2 $1,887 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-08-220-060-0000
Land Assessment
$10,178 CAD
Improvements Assessment
$55,689 CAD
Total Assessment
$65,867 CAD
Annual Taxes
$30,168 CAD ($5.42 CAD/SF)
Tax Year
2023
  • Listing ID: 29178935

  • Date on Market: 2023-08-03

  • Last Updated:

  • Address: 4806 Saint Charles Rd, Bellwood, IL 60104

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