3420 Warren Ave

3420 Warren Ave, Bellwood, IL 60104

  • For Sale $500,000
  • Property Type Multi-Family
  • Property Size 4,100 SF
  • Units 5
  • Lot Size 0.1 Acre
  • Building Class C
  • Date Updated Jul 28, 2025
Bellwood is a small suburban village located approximately 13 miles west of downtown Chicago in Cook County, Illinois. It is bordered by several neighboring suburbs, including Stone Park/Melrose Park to the north, Hillside/Berkley to the west, and Broadview to the south. The village offers convenient access to major transportation routes, including the Eisenhower Expressway (I-290) and is served by the Metra commuter rail, with the Bellwood station providing a direct connection to Chicago's downtown. Bellwood’s location allows for a balance of suburban living with easy access to the city's amenities.Essex Three-Twelve, LLC has been exclusively engaged to market for sale 3420 Warren Avenue, a five-unit apartment building located in the near west suburb of Bellwood. This well-maintained property has been under the same family ownership and management for over 25 years, and features a desirable unit mix of four (4) 2-bedroom/1-bathroom units and one (1) 3-bedroom/1-bathroom unit, along with five (5) surface parking spaces. With current rents 20% below market, the property offers considerable upside 'as-is.' A new owner will also have the opportunity to make cosmetic upgrades and achieve further rental increases. 3420 Warren Ave. sits in a quiet pocket of Bellwood overlooking the Illinois Prairie Path while offering convenient access to the Eisenhower Expressway (I-290) and O'Hare International Airport. The seller has 18 additional units in 3 neighboring properties available for sale. For more information, please contact your Essex Broker.
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Highlights

  • Desirable Unit Mix: Four (4) 2Bd/1Ba & One (1) 3Bd/1Ba
  • Eighteen (18) Additional Units Available in Three (3) Neighboring Properties: Contact Your Essex Broker for More Information
  • Significant Rental Upside: 20% As-Is
  • Value-Add Opportunity: 35%+ Rental Increases with Cosmetic Upgrades
  • Well-Maintained and Managed: Same Owner for 25 Years

Contacts

broker
Michael Masterson

Essex Three-Twelve

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable

  • Transit Score ®

    36/100 Some Transit

  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Bellwood, IL
  • Zip Code 60104
  • Market Chicago

Points of Interest

  • Maywood

    2.02 miles

  • Elmhurst

    3.65 miles

  • Franklin Park

    4.02 miles

  • Belmont Avenue (Franklin Park)

    4.23 miles

  • Congress Park

    4.24 miles

  • Brookfield

    4.26 miles

  • Hollywood

    4.35 miles

  • LaGrange Road

    4.35 miles

  • Stone Avenue

    4.46 miles

  • Elmwood Park

    4.48 miles

  • Citgo

    0.40 miles

  • Clark

    0.43 miles

  • Thorntons

    0.81 miles

  • BP

    0.87 miles

  • Shell

    1.05 miles

  • ChargePoint

    4.04 miles

  • eVgo

    4.92 miles

  • Soofa Solar Phone Charger

    4.93 miles

  • Tesla Supercharger

    6.72 miles

  • Tesla Macau

    8.33 miles

  • Pace Bus Hillside Park & Ride

    1.58 miles

  • Emergency Parking

    2.35 miles

  • Employee Parking

    2.40 miles

  • Parking Deck A (Patient/Visitor Parking)

    2.44 miles

  • Miller Meadow North

    2.53 miles

  • Parking Deck B

    2.54 miles

  • Parking Deck C

    2.61 miles

  • Patient/Visitor Parking

    2.68 miles

  • Holiday Inn Express

    0.95 miles

  • Best Western

    1.02 miles

  • Extended Stay America

    1.08 miles

  • Hillside Manor Motel

    1.70 miles

  • Travel Inn Motel

    1.82 miles

  • Super 8 by Wyndham Chicago Northlake O'Hare South

    2.57 miles

  • Four Points by Sheraton Chicago Westchester/Oak Brook

    2.76 miles

  • Lido Motel

    3.07 miles

  • Hyatt House Oak Brook

    3.31 miles

  • The Drake Oak Brook, Autograph Collection

    3.54 miles

  • Nick's Pizza & Beef

    0.38 miles

  • Taco Patio

    0.46 miles

  • McDonald's

    0.66 miles

  • Wingstop

    0.84 miles

  • Home Run Inn Pizzeria

    0.87 miles

  • Jimmy John's

    0.87 miles

  • Panda Express

    0.90 miles

  • IHOP

    0.91 miles

  • Dunkin'

    0.96 miles

  • KFC

    1.04 miles

  • Lincoln Primary School

    0.17 miles

  • Lincoln Elementary School

    0.34 miles

  • Living Word Christian Academy

    0.35 miles

  • Saint Simeon School

    0.40 miles

  • Mckinley Elementary School

    0.44 miles

  • Hillside Academy

    0.54 miles

  • Thurgood Marshall Elementary School

    0.72 miles

  • Britten School

    0.77 miles

  • Roosevelt Junior High School

    0.77 miles

  • Jefferson Elementary School

    0.93 miles

  • Montessori Children's Place

    3.20 miles

  • Kangaroo Kroner

    3.36 miles

  • The Day Nursery

    3.69 miles

  • Montessori Children's Community

    3.70 miles

  • Alphabet Learning Center

    3.77 miles

  • Back 2 Basics Day Care

    3.94 miles

  • Little Beginnings Day Care

    4.08 miles

  • Blocks 24 hr Child Care Center

    4.21 miles

  • Little People's Country

    4.35 miles

  • Early Childhood Center

    4.49 miles

Frequently Asked Questions

How much does 3420 Warren Ave cost?

The space currently listed for sale at 3420 Warren Ave asks for $500,000.

What is the total square footage of 3420 Warren Ave?

3420 Warren Ave totals 4,100 square feet.

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Contact Listing Broker
broker
Michael Masterson

Essex Three-Twelve

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