Property Overview
Interra Realty has been exclusively engaged to market 4835 Belmont Road, Downers Grove, for sale. The subject investment opportunity consists of an eight (8) unit apartment building with off-street parking located in sought after DuPage County, approximately 23 miles West of the Downtown Chicago Loop. The property is well located just steps from the Belmont Metra Train Station and is easily accessible via Interstate 355.
The unit mix comprises six - 1 bedroom / 1 bathroom, one - 2 bedroom / 1 bathroom and one - 3 bedroom / 2 bathroom apartments. Four of the one bedroom units and the three bedroom unit have recently been rehabbed and the remaining units provide value-add potential. The property has common
laundry, abundant parking spaces, and the roof was replaced in 2018.
4835 Belmont Road is being offered with attractive, assumable financing. The Chase loan is fixed at 5.675% until 5/31/2028 with a balance of $655,091.
Highlights
- Located in Sought After DuPage County
- Steps From Metra Train Station
- 5 of 8 Units Renovated, Common Laundry, Off Street Parking
- Assumable Chase Financing: $655,091 Balance and 5.675% Interest Rate Until 5/31/2028