3420 Warren Ave

For Sale

3420 Warren Ave, Bellwood, IL 60104

This Bellwood property for sale is located at 3420 Warren Ave. The general use of 3420 Warren Ave is multi-family and it incorporates 4,100 square feet of class C multi-family space. The current listed sale price for 3420 Warren Ave is $500,000. 3420 Warren Ave is situated on a lot that is 0.1 acre in size.

Contacts

broker
Michael Masterson

Essex Three-Twelve

Property Details

  • 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

Getting around

  • 71/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 72/100

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Location

  • 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

  • ALDI

    0.56 miles

  • dd's Discounts

    0.95 miles

  • Target

    0.95 miles

  • Ross

    1.00 miles

  • Torres Supermercado

    1.34 miles

  • Carnicerias Jimenez Fresh Market

    1.45 miles

  • Berkeley Finer Foods

    1.68 miles

  • Berkeley Shopping Centre

    1.71 miles

  • Jewel-Osco

    2.04 miles

  • American Freight

    2.18 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Michael Masterson

Essex Three-Twelve

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