NOT LISTED FOR SALE

295 7th St Wheeling, IL 60090

9 Beds
6 Baths
-- Sq Ft
1978 Built

Sale Details

Date Sold: March 22, 2018

Last sale price $500,000 $0 Per Sq Ft

11 Days on Market

About This Home

As of March 2018

Rarely available free-standing 6 Unit building. In good condition. Needs some updating. Great location for rental. Fully occupied. Parking for 12+ spaces. No association. Nestled among beautiful single family homes. PRICED TO SELL!

Last Agent to Sell the Property

Sophia Romano

Sophia Romano License #471010990 Listed on: 10/21/2017

Last Buyer's Agent

Monika Carney

eXp Realty License #471015163

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1978

Home Design

  • Brick Exterior Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $2,067
  • Insurance Expense $3,100

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1978

Listing Details

  • Property Type: Multi Family 5+
  • Ownership Type: Limited Liability Corp
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2016
  • Net Oper Income: 40764
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Scavenger Expense: 1
  • Total Annual Exp: 25836
  • Total Annual Income: 66600
  • Total Monthly Income: 5350
  • Number Of Stories: 3
  • Estimated Year Built: 1978
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1978

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Central Heat/Indiv Controls
  • Water Expense: 2400

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 396

Lot Info

  • Lot Dimensions: 131 X 102
  • Parcel Identification Number: 03023060030000

Rental Info

  • Gross Rental Income: 64200
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2016
  • Fuel Expense: 2067
  • Insurance Expense: 3100
  • Other Expenses: 1

Tax Info

  • Taxes: 17,073
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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
03/22/2018 03/22/18 Sold $500,000 -13.8% --
11/01/2017 11/01/17 Pending -- -- --
10/24/2017 10/24/17 Price Changed $579,777 +5.5% --
10/21/2017 10/21/17 For Sale $549,777 -- --
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 $20,779 $70,420 $11,880 $58,540
2024 $20,779 $62,000 $9,900 $52,100
2023 $19,816 $62,000 $9,900 $52,100
2022 $19,816 $62,000 $9,900 $52,100
2021 $16,960 $45,775 $7,590 $38,185
2020 $16,518 $45,775 $7,590 $38,185
2019 $17,360 $52,981 $7,590 $45,391
2018 $18,675 $51,172 $6,600 $44,572
2017 $18,294 $51,172 $6,600 $44,572
2016 $17,073 $51,172 $6,600 $44,572
2015 $16,006 $44,919 $5,610 $39,309
2014 $15,613 $44,919 $5,610 $39,309
2013 $14,415 $44,919 $5,610 $39,309
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09783330

Midwest Real Estate Data (MRED)
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