NOT LISTED FOR SALE

287 7th St Wheeling, IL 60090

9 Beds
6 Baths
-- Sq Ft
1976 Built

Last Sold December 02, 2016

Last sale price $530,000

83 Days on Market

About This Home

As of December 2016

Turn Key Investment!!! Nothing to Do !!! Free-standing brick 6-flat with $50,000 roof improvement !!! Nice setting/landscaping on 1/3 acre lot ** Long-time owners 28 years ** Kitchens updated with new cabs, ceramic tile back splash & floors and appliances ** Updated baths (ceramic tile) ** 3 2-BR's/3 1-BR's ** Storage Shed ** Private parking for 12 cars ** No association ** Kitchens have eat-in areas ** Coin laundry (owned ) ** Very clean & well maintained - no pets in building ** Custom built laundry storage for each unit ** Rents should be higher ** Great rental location close to shopping & transportation **

Last Agent to Sell the Property

Richard Dawidiuk

REMAX Legends License #475134041 Listed on: 07/01/2016

REMAX Legends

Last Buyer's Agent

Tina Paras

Coldwell Banker Realty License #475133681

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1976

Home Design

  • Brick Exterior Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $3,373
  • Insurance Expense $2,211

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1976

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 43168
  • Outdoor Parking: 6-12 Spaces, Paved, Private Lot
  • Roof Coverings: Shingle Composition
  • Roof Structure: Gable, Pitched
  • Scavenger Expense: 626
  • Total Annual Exp: 23252
  • Total Annual Income: 66420
  • Total Monthly Income: 5535
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1976
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1976

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Central Heat/Indiv Controls, Hot Water, Baseboard
  • Water Expense: 1117

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 376

Lot Info

  • Lot Dimensions: 100 X 132
  • Lot Sq Ft: 13200
  • Parcel Identification Number: 03023060050000

Rental Info

  • Gross Rental Income: 65220
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 3373
  • Insurance Expense: 2211
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 15549
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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
12/02/2016 12/02/16 Sold $530,000 -8.1% --
09/22/2016 09/22/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $577,000 -- --
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 $20,781 $73,000 $11,880 $61,120
2024 $20,781 $62,006 $9,900 $52,106
2023 $19,818 $62,006 $9,900 $52,106
2022 $19,818 $62,006 $9,900 $52,106
2021 $15,246 $41,149 $7,590 $33,559
2020 $15,829 $43,865 $7,590 $36,275
2019 $16,636 $50,770 $7,590 $43,180
2018 $16,538 $45,317 $6,600 $38,717
2017 $16,201 $45,317 $6,600 $38,717
2016 $16,974 $50,876 $6,600 $44,276
2015 $15,939 $44,733 $5,610 $39,123
2014 $15,549 $44,733 $5,610 $39,123
2013 $14,356 $44,733 $5,610 $39,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09275663

Midwest Real Estate Data (MRED)
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