Herbert Straus
Responds Quickly
Keller Williams Thrive
(224) 231-0982
136 Total Sales
3 in Wheeling
$270K - $370K Price Range
353 Inland Dr Wheeling, IL 60090
Wheeling Area
9
Beds
6
Baths
--
Sq Ft
2,614
Sq Ft Lot
About This Home
As of March 2020POSITIVE CASH FLOW TURN KEY INVESTMENT PROPERTY IN EXCELLENT CONDITION. 5 OUT OF 6 UNITS ARE UPDATED WITH WOOD LAMINATE OR CARPET, NEWER KITCHEN CABINETS AND VANITY IN BATHROOMS. CURRENT OWNER IS INFUSING ADDITIONAL CAPITAL TO UPSCALE THIS PROPERTY. RECENT UPDATES ARE NEW CARPET IN HALLWAY, NEW MAILBOX, NEW FRONT DOOR, AND FRESHLY PROFESSIONAL PAINT JOB IN HALLWAY. CURRENT RENT IS LOW AND THERE IS A POTENTIAL TO INCREASE RENT ROLL.
Last Agent to Sell the Property
ARNI Realty Incorporated License #475179115 Listed on: 09/04/2019
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Property Details
Home Type
- Multi-Family
Year Built
- 1980
Lot Details
- 2,614
Home Design
- Brick Exterior Construction
- Slab Foundation
Community Details
- Fuel Expense $1,008
- Insurance Expense $2,500
Listing and Financial Details
- Tenant pays for electric
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 26, 2023
Sold by
Ameritus Hc Owner Llc
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,350,000
Outstanding Balance
$15,719,286
Interest Rate
6.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 22, 2021
Sold by
Patel Pranav and Patel Phalguni
Bought by
Ameritus Hc Owner Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Listed on
Sep 4, 2019
Closed on
Mar 24, 2020
Sold by
Mns Realty Llc
Bought by
Patel Pranav and Patel Phalguni
Seller's Agent
Shay Thakkar
ARNI Realty Incorporated
Buyer's Agent
Shay Thakkar
ARNI Realty Incorporated
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.3%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 3, 2019
Closed on
May 1, 2019
Sold by
The Steven J Foulkes Living Trust
Bought by
Nns Realty Llc
Seller's Agent
Linda Foulkes
Konnerth Realty Group
Buyer's Agent
Shay Thakkar
ARNI Realty Incorporated
List Price
$519,000
Sold Price
$480,000
Premium/Discount to List
-$39,000
-7.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$360,000
Interest Rate
4.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 23, 2001
Sold by
Foulkes Steven J
Bought by
Foulkes Steven J and The Steven J Foulkes Living Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wheeling, IL
-
Herbert Straus
-
Elizabeth Thompson
Elizabeth Thompson
Responds QuicklyColdwell Banker Realty
(844) 755-6681
100 Total Sales
1 in Wheeling
$218,000 Price
-
Anthony Janega
Anthony Janega
Independent Property Consultants
(331) 241-6956
37 Total Sales
1 in Wheeling
$128,000 Price
-
David Jaffe
David Jaffe
@properties Christie's International Real Estate
(224) 258-0839
125 Total Sales
2 in Wheeling
$275K - $345K Price Range
-
Subica Rauf
Subica Rauf
Divine Realty
(888) 719-4287
96 Total Sales
1 in Wheeling
$272,000 Price
-
Pawel Czauderna
Pawel Czauderna
Leader Realty, Inc.
(224) 765-0998
118 Total Sales
1 in Wheeling
$540,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Ameritus Hc Owner Llc | $615,000 | Attorney | |
| Patel Pranav | $525,000 | Chicago Title | |
| Nns Realty Llc | $480,000 | Heritage Title Company | |
| Foulkes Steven J | -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $16,350,000 | ||
| Previous Owner | Ameritus Hc Owner Llc | $50,000,000 | |
| Previous Owner | Patel Pranav | $420,000 | |
| Previous Owner | Nns Realty Llc | $360,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2020 03/31/20 | Sold | $525,000 | -8.7% | -- | |
| 01/18/2020 01/18/20 | Pending | -- | -- | -- | |
| 01/02/2020 01/02/20 | For Sale | $575,000 | 0.0% | -- | |
| 09/10/2019 09/10/19 | Pending | -- | -- | -- | |
| 09/04/2019 09/04/19 | For Sale | $575,000 | +19.8% | -- | |
| 05/23/2019 05/23/19 | Sold | $480,000 | -7.5% | -- | View Prior Sale |
| 03/29/2019 03/29/19 | For Sale | $519,000 | +8.1% | -- | |
| 03/22/2019 03/22/19 | Off Market | $480,000 | -- | -- | |
| 03/21/2019 03/21/19 | For Sale | $519,000 | 0.0% | -- | |
| 03/20/2019 03/20/19 | Pending | -- | -- | -- | |
| 03/18/2019 03/18/19 | Pending | -- | -- | -- | |
| 03/03/2019 03/03/19 | For Sale | $519,000 | -- | -- |
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 | $19,773 | $72,000 | $2,556 | $69,444 |
| 2024 | $19,773 | $59,000 | $2,059 | $56,941 |
| 2023 | $18,857 | $59,000 | $2,059 | $56,941 |
| 2022 | $18,857 | $59,000 | $2,059 | $56,941 |
| 2021 | $15,374 | $41,495 | $1,633 | $39,862 |
| 2020 | $14,974 | $41,495 | $1,633 | $39,862 |
| 2019 | $15,810 | $48,250 | $1,633 | $46,617 |
| 2018 | $14,184 | $38,866 | $1,420 | $37,446 |
| 2017 | $13,895 | $38,866 | $1,420 | $37,446 |
| 2016 | $12,967 | $38,866 | $1,420 | $37,446 |
| 2015 | $10,344 | $29,029 | $1,207 | $27,822 |
| 2014 | $10,090 | $29,029 | $1,207 | $27,822 |
| 2013 | $9,316 | $29,029 | $1,207 | $27,822 |
Source: Public Records
Agents Affiliated with this Home
-
Shay Thakkar
Seller's Agent in 2020
Shay Thakkar
ARNI Realty Incorporated
(847) 361-0245
100 Total Sales
-
LF
Seller's Agent in 2019
Linda Foulkes
Konnerth Realty Group
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10505645
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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