NOT LISTED FOR SALE

1154 S Forums Ct Wheeling, IL 60090

41 Beds
21 Baths
-- Sq Ft
1975 Built

Last Sold August 21, 2018

Last sale price $619,500

3 Days on Market

About This Home

As of August 2018

Great investment opportunity to own 1 , 2 or 3 of these buildings located in well-managed, small complex (only 26 buildings total) with plenty of parking spaces, swimming pool & tennis courts. Spacious 5 x 2 BR units & 1 x 1 BR unit with balconies and cathedral ceilings w/skylights. Most apartments have been updated. Kitchens w/dishwashers, plenty of closet space. Leased washer & dryer, provides extra income of $1440 annually ($1800 collection - $360 leasing fee). Association fee is $335 per month and includes: scavenger, landscaping, snow removal & parking maintenance. EACH APARTMENT HAS SEPARATE CENTRAL ELECTRIC HEATING & AIR CONDITIONING SYSTEMS

Last Agent to Sell the Property

Teresa Adameic

HomeSmart Connect LLC License #471014380 Listed on: 05/29/2018

HomeSmart Connect LLC

Last Buyer's Agent

Peter Bellert

@properties Christies International Real Estate License #475123150

@properties Christies International Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1975

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Central Air

Community Details

  • Insurance Expense $1,358

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1975

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 43449
  • Outdoor Parking: 6-12 Spaces
  • Owners Assoc: Yes
  • Roof Coverings: Shingle Composition, Rubber
  • Roof Structure: Flat, Pitched
  • Total Annual Exp: 23751
  • Total Annual Income: 67200
  • Total Monthly Income: 5450
  • Leased Washer Dryer: Yes
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1975
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1975

Interior Features

  • Basement: Slab

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Central Air, Central Individual
  • Heatventilation: Central Heat/Indiv Controls, Electric, Forced Air, Separate Per Unit
  • Water Expense: 1673

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Parking, Common Insurance, Pool, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Electricity Expense: 1323
  • Electrical Service: Circuit Breakers, Separate Meters

Lot Info

  • Lot Dimensions: 57 X 57
  • Land Amenities: Lighting/Exterior, Pool, Tennis Court/s
  • Parcel Identification Number: 03152030190000

Rental Info

  • Gross Rental Income: 65400
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Expense Year: 2017
  • Insurance Expense: 1358
  • Other Expenses: 4020
  • Number Of Dishwashers: 6

Tax Info

  • Taxes: 15017
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2018 08/21/18 Sold $619,500 0.0% --
06/01/2018 06/01/18 Pending -- -- --
06/01/2018 06/01/18 Off Market $619,500 -- --
05/29/2018 05/29/18 For Sale $619,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,282 $78,000 $2,874 $75,126
2024 $18,282 $61,553 $2,420 $59,133
2023 $17,498 $61,553 $2,420 $59,133
2022 $17,498 $61,553 $2,420 $59,133
2021 $17,324 $52,337 $1,890 $50,447
2020 $16,853 $52,337 $1,890 $50,447
2019 $17,364 $60,089 $1,890 $58,199
2018 $16,381 $51,760 $1,663 $50,097
2017 $16,151 $51,760 $1,663 $50,097
2016 $15,017 $51,760 $1,663 $50,097
2015 $16,133 $51,028 $1,436 $49,592
2014 $15,726 $51,028 $1,436 $49,592
2013 $15,212 $51,028 $1,436 $49,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09965764

Midwest Real Estate Data (MRED)
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