NOT LISTED FOR SALE

271 8th St Wheeling, IL 60090

9 Beds
6 Baths
-- Sq Ft
1970 Built

Sale Details

Date Sold: December 28, 2015

Last sale price $472,500 $0 Per Sq Ft

62 Days on Market

About This Home

As of December 2015

Solid, free standing 6-unit investment property, which includes 3-two beds + 3-one beds spacious, well maintained apartments. Property is fully occupied mostly by long time residents, 12 parking spaces and owned washer & dryer. No association and low maintenance due to many improvements. Great turnkey investment.

Last Agent to Sell the Property

Lucas Kristen

Great Lakes Realty Central Inc License #471000643 Listed on: 09/10/2015

Last Buyer's Agent

Tina Paras

Coldwell Banker Realty License #475133681

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $3,660
  • Insurance Expense $2,650

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1970

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Utilities To Site: Water-Community
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2014
  • Net Oper Income: 35356
  • Outdoor Parking: 6-12 Spaces
  • Roof Coverings: Shingle Composition
  • Roof Structure: Hip
  • Scavenger Expense: 637
  • Total Annual Exp: 24474
  • Total Annual Income: 59830
  • Total Monthly Income: 4840
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1970
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1970

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Heat Pump, Hot Water, Baseboard
  • Water Expense: 3000

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 377
  • Electrical Service: Circuit Breakers, Separate Meters, 0-100 Amps

Lot Info

  • Lot Dimensions: 132X100
  • Lot Sq Ft: 13187
  • Parcel Identification Number: 03023130010000

Rental Info

  • Gross Rental Income: 58080
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2014
  • Fuel Expense: 3660
  • Insurance Expense: 2650
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 14180
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/28/2015 12/28/15 Sold $472,500 -9.9% --
11/11/2015 11/11/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $524,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,703 $72,000 $11,880 $60,120
2024 $20,703 $61,774 $9,900 $51,874
2023 $19,744 $61,774 $9,900 $51,874
2022 $19,744 $61,774 $9,900 $51,874
2021 $16,148 $43,583 $7,590 $35,993
2020 $15,727 $43,583 $7,590 $35,993
2019 $17,111 $52,219 $7,590 $44,629
2018 $16,348 $44,796 $6,600 $38,196
2017 $16,015 $44,796 $6,600 $38,196
2016 $16,974 $50,876 $6,600 $44,276
2015 $14,535 $40,792 $5,610 $35,182
2014 $14,179 $40,792 $5,610 $35,182
2013 $14,150 $44,093 $5,610 $38,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09034591

Midwest Real Estate Data (MRED)
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