NOT LISTED FOR SALE

304 9th St Wheeling, IL 60090

9 Beds
6 Baths
-- Sq Ft
0.33 Acres

Last Sold January 08, 2021

Last sale price $620,000

8 Days on Market

About This Home

As of January 2021

Stop !!! look no further Your CASH Cow is Here !!! Long time tenants !!!!!! plenty of room for increase rent Super brick 6 flat building features 3-1 bedrooms and 3-2 bedrooms in great Wheeling location. Newer boiler. Some replaced windows, outside parking in the back of the building. Excellent rental area, three way quiet street , long time owner has kept rents below market. Great opportunity to increase income , extra income from laundry machines , nice building at a reasonable price.

Last Agent to Sell the Property

Alexander Mirgorodsky

Core Realty & Investments, Inc License #475174750 Listed on: 12/16/2020

Core Realty & Investments, Inc

Last Buyer's Agent

Luigi Picicco

HomeSmart Connect LLC License #475141989

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 0.33

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $2,460
  • Insurance Expense $2,400

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

0.33 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Ownership Type: Land Trust
  • Estimated Age: 26-35 Years
  • Net Oper Income: 41293
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 900
  • Scavenger Expense: 648
  • Total Annual Exp: 17135
  • Total Annual Income: 67560
  • Total Monthly Income: 5630
  • Number Of Stories: 3
  • Estimated Year Built: 1979
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1979

Exterior Features

  • Acreage: 0.33

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Central Heat/Indiv Controls
  • Water Expense: 2376

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 348
  • Electrical Service: Circuit Breakers, Separate Meters

Lot Info

  • Lot Dimensions: 131X102
  • Parcel Identification Number: 03023030150000

Rental Info

  • Gross Rental Income: 67560
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 2460
  • Gross Rent Multiplier: 12
  • Insurance Expense: 2400

Tax Info

  • Taxes: 17135
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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
01/08/2021 01/08/21 Sold $620,000 -4.6% --
12/24/2020 12/24/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $649,900 -- --
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 $20,864 $72,001 $13,199 $58,802
2024 $20,864 $62,255 $10,999 $51,256
2023 $21,095 $62,255 $10,999 $51,256
2022 $21,095 $66,000 $10,999 $55,001
2021 $16,742 $45,188 $8,432 $36,756
2020 $16,307 $45,188 $8,432 $36,756
2019 $17,138 $52,301 $8,432 $43,869
2018 $18,770 $51,433 $7,332 $44,101
2017 $18,388 $51,433 $7,332 $44,101
2016 $17,160 $51,433 $7,332 $44,101
2015 $15,363 $43,115 $6,232 $36,883
2014 $14,986 $43,115 $6,232 $36,883
2013 $14,258 $44,430 $6,232 $38,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10954385

Midwest Real Estate Data (MRED)
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