S
Seller's Agent in 2022
Sid Malladi
ARNI Realty Incorporated
(847) 345-8007
1 in this area
4 Total Sales
1203 S Forums Ct Wheeling, IL 60090
11
Beds
6
Baths
6,667
Sq Ft
2,614
Sq Ft Lot
Highlights
- Central Heating
- Bonfield Grade School Rated A-
- 5-minute walk to Pleasant Run Park
About This Home
As of May 2022Well maintained 6-flat building in Wheeling. Great condition and location. Five 2bed and One 1bed units. Tenant pays for all utilities in their units. Owner pays for water, common electric and laundry room hot water. HOA fee $341 includes landscaping, snow and trash removal. Complex has tennis court and swimming pool. Great long-term tenants. Potential for higher rents. Easy to rent and rarely any vacancy.
Last Agent to Sell the Property
ARNI Realty Incorporated License #475169499 Listed on: 02/17/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,568
Year Built
- Built in 1975
Lot Details
- 2,614
Interior Spaces
- 6,667 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Additional Features
- Lot Dimensions are 57x51
- Central Heating
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat, hot water
Community Details
Overview
- Association fees include exterior maintenance, lawn care, scavenger, snow removal
- 6 Units
Building Details
- Electric Expense $2,340
- Insurance Expense $1,500
- Maintenance Expense $1,200
- Other Expense $4,097
- Water Sewer Expense $3,265
- Operating Expense $29,033
- Gross Income $76,080
- Net Operating Income $47,047
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2022 05/05/22 | Sold | $730,000 | -6.4% | $109 / Sq Ft | |
| 03/29/2022 03/29/22 | For Sale | $780,000 | +6.8% | $117 / Sq Ft | |
| 03/12/2022 03/12/22 | Off Market | $730,000 | -- | -- | |
| 03/11/2022 03/11/22 | Pending | -- | -- | -- | |
| 02/18/2022 02/18/22 | For Sale | $780,000 | +50.6% | $117 / Sq Ft | |
| 06/10/2016 06/10/16 | Sold | $518,000 | -3.9% | -- | View Prior Sale |
| 04/09/2016 04/09/16 | Pending | -- | -- | -- | |
| 04/05/2016 04/05/16 | For Sale | $539,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $18,415 | $77,000 | $2,874 | $74,126 |
| 2024 | $18,415 | $62,000 | $2,420 | $59,580 |
| 2023 | $17,625 | $62,000 | $2,420 | $59,580 |
| 2022 | $17,625 | $62,000 | $2,420 | $59,580 |
| 2021 | $16,002 | $48,342 | $1,890 | $46,452 |
| 2020 | $15,567 | $48,342 | $1,890 | $46,452 |
| 2019 | $16,039 | $55,502 | $1,890 | $53,612 |
| 2018 | $15,459 | $48,847 | $1,663 | $47,184 |
| 2017 | $15,242 | $48,847 | $1,663 | $47,184 |
| 2016 | $15,189 | $52,351 | $1,663 | $50,688 |
| 2015 | $15,016 | $47,494 | $1,436 | $46,058 |
| 2014 | $14,637 | $47,494 | $1,436 | $46,058 |
| 2013 | $15,234 | $51,103 | $1,436 | $49,667 |
Source: Public Records
Agents Affiliated with this Home
-
Sid Malladi
-
Galya Georgieva
Buyer's Agent in 2022
Galya Georgieva
Coldwell Banker Realty
(630) 965-7328
20 in this area
116 Total Sales
-
Andrew Oh
Seller's Agent in 2016
Andrew Oh
iProperties
(847) 730-3121
8 in this area
39 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11327593
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