325 Linden Ave, Bellwood, IL 60104
5 beds · 4 baths · 4,972 sqft
Welcome to 325 Linden, a walker's dream location in one of Oak Park's most sought-after neighborhoods. Situated on an oversized lot, this one-of-a-kind E.E. Roberts home has been meticulously maintained, offering timeless charm and modern updates. The curb appeal is undeniable, with its inviting oversized covered porches, porte-cochere, and professionally landscaped grounds. Stepping into the warm and welcoming foyer, you're greeted by original art glass doors, a newer tiled entry, and exquisite original trim work complemented by custom lighting. The expansive living space is bathed in natural light from oversized windows and features a stunning Rookwood tiled fireplace, beautifully restored built-ins, and period lighting. The formal dining room is an entertainer's dream, showcasing fully restored original lighting, art glass doors, and built-in cabinetry. A seasonal family room with stunning windows provides a perfect retreat, while a first-floor office, updated powder room, and additional storage enhance functionality. The chef's kitchen is thoughtfully designed with custom cabinetry, a large island with storage, a prep sink, a beverage cooler, and additional stone countertops. High-end appliances, including Sub-Zero, Bosch, and Thermador, elevate the cooking experience, while heated floors and a charming eat-in area add to the space's warmth and practicality. An extra-wide staircase leads to a breathtaking wall of art glass windows and a spacious second-floor landing. Four generously sized bedrooms, each with custom built-out closets and professional window treatments, offer serene and stylish living. The primary suite is a private retreat, featuring a second fireplace, an elegant sunroom or additional office, and a spa-like en-suite bath with heated floors, a freestanding soaking tub, a double vanity with ample storage and a large walk in closet. Second-floor laundry adds convenience. The third level boasts a large fifth bedroom or a versatile recreational space with soaring vaulted ceilings. The lower level offers an additional laundry room, abundant storage, high ceilings, and updated mechanicals. Outside, the fully fenced oversized lot provides the perfect outdoor sanctuary. Just steps from town, the train, shops, schools, and all that Oak Park has to offer, this extraordinary home seamlessly blends historic elegance with modern luxury.
Source: MRED #12328195
Source: MRED #12328195
To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.