NOT LISTED FOR SALE

395 Inland Dr Wheeling, IL 60090

Wheeling Area
9 Beds
6 Baths
-- Sq Ft
1980 Built

Sale Details

Date Sold: September 28, 2016

Last sale price $455,000 $0 Per Sq Ft

201 Days on Market

About This Home

As of September 2016

PART OF HUNT CLUB APARTMENTS. ALL BRICK BUILDING WITH 3 ONE BEDROOM AND 3 TWO BEDROOM UNITS. ASSOCIATION FEE INCLUDES PARKING LOTS, RENTAL OFFICE, LAWN CARE, SNOW REMOVAL AND TRASH PICK UP. GREAT BUY! WELL MAINTAINED PROPERTY. CASH FLOW. 8% CAP RATE.

Last Agent to Sell the Property

Bob Edmiston

Weichert Realtors Ambassador Listed on: 11/09/2015

Weichert Realtors Ambassador

Last Buyer's Agent

Stephen Costa

Weichert, Realtors - All Pro License #471000778

Weichert, Realtors - All Pro

Property Details

Home Type

  • Multi-Family

Year Built

  • 1980

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $3,253
  • Insurance Expense $2,096

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1980

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2014
  • Net Oper Income: 39551
  • Outdoor Parking: 6-12 Spaces
  • Owners Assoc: Yes
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Total Annual Exp: 23747
  • Total Annual Income: 63298
  • Total Monthly Income: 63298
  • Leased Washer Dryer: Yes
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1980
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1980

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve
  • Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
  • Heatventilation: Gas, Hot Water
  • Water Expense: 4312

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Parking, Common Insurance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Electricity Expense: 617
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 60 X 42
  • Lot Sq Ft: 2551
  • Land Amenities: Children's Play Yard, Lighting/Exterior, Sidewalks, Cable Ready
  • Parcel Identification Number: 03123001750000

Rental Info

  • Gross Rental Income: 62028
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2014
  • Fuel Expense: 3253
  • Insurance Expense: 2096
  • Other Expenses: 3600

Tax Info

  • Taxes: 9869

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
Nov 17, 2021
Sold by
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
$50,000,000
Interest Rate
0.0309%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2019
Sold by
Bought by

Purchase Details

Listed on
Nov 9, 2015
Closed on
Sep 23, 2016
Sold by
Bought by
Seller's Agent
Bob Edmiston
Weichert Realtors Ambassador
Buyer's Agent
Stephen Costa
Weichert, Realtors - All Pro
List Price
$489,000
Sold Price
$455,000
Premium/Discount to List
-$34,000
-6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
0.0061%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 31, 2004
Sold by
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
$347,000
Interest Rate
0.055%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$646,000 Chicago Title
$515,000 Attorney
$455,000 Fidelity National Title
$520,000 Cti
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 $50,000,000
Closed $341,250
Closed $347,000
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
09/28/2016 09/28/16 Sold $455,000 -7.0% --
05/28/2016 05/28/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $489,000 -- --
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 $18,867 $72,000 $2,296 $69,704
2024 $18,867 $56,297 $1,850 $54,447
2023 $17,993 $56,297 $1,850 $54,447
2022 $17,993 $56,297 $1,850 $54,447
2021 $14,928 $40,291 $1,466 $38,825
2020 $14,539 $40,291 $1,466 $38,825
2019 $15,351 $46,850 $1,466 $45,384
2018 $14,235 $39,005 $1,275 $37,730
2017 $13,945 $39,005 $1,275 $37,730
2016 $13,014 $39,005 $1,275 $37,730
2015 $10,117 $28,392 $1,084 $27,308
2014 $9,869 $28,392 $1,084 $27,308
2013 $9,111 $28,392 $1,084 $27,308
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bob Edmiston

    Weichert Realtors Ambassador

    Section Image
  • Stephen Costa

    Buyer's Agent in 2016

    Stephen Costa

    Weichert, Realtors - All Pro

    (847) 763-6464

    11 Total Sales

    Stephen Costa
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09082562

Midwest Real Estate Data (MRED)
Illinois Cook County Wheeling 60090

395 Inland Dr, Wheeling, IL

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.

Midwest Real Estate Data (MRED) 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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