Jose Cortez
Responds Quickly
Golden Enterprise Realty Inc
(866) 598-2035
88 Total Sales
1 in Wheeling
$356,000 Price
501 E Manchester Dr Wheeling, IL 60090
Wheeling Area
9
Beds
6
Baths
5,544
Sq Ft
0.3
Acre Lot
About This Home
As of April 2024Well maintained 6 flat (3 x 2 bed and 3 x 1 bed) brick building on quiet residential street, that backs up to newer luxury townhouse/condo development. Units have updated kitchens and bathrooms; all units have a balcony/patio. Spacious parking lot with 12 spaces, on-site laundry with owned machines for additional income. Outdoor storage shed. No association fees! Close to Milwaukee Ave shopping, transportation and major highways. **rents are currently below market value.
Last Agent to Sell the Property
Real Estate Solutions Investment Group, Inc. License #471015124 Listed on: 03/05/2024
Last Buyer's Agent
Non Member
NON MEMBER
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,774
Year Built
- Built in 1973
Lot Details
- 12,998 Sq Ft Lot
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,544 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $627
- Fuel Expense $4,998
- Insurance Expense $2,840
- Maintenance Expense $1,141
- Trash Expense $1,089
- Water Sewer Expense $2,834
- Operating Expense $37,109
- Gross Income $75,800
- Net Operating Income $38,690
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
Listed on
Mar 5, 2024
Closed on
Apr 8, 2024
Sold by
Gmk 501 Llc
Bought by
Seller's Agent
Susan Romano
Real Estate Solutions Investment Group, Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$745,000
Sold Price
$791,000
Premium/Discount to List
$46,000
6.17%
Views
101
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,700
Outstanding Balance
$329,084
Interest Rate
7.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 22, 2015
Sold by
Svarnias George Louis and Svarnias Nicholas James
Bought by
Gmk 501 Llc
Purchase Details
Closed on
Jun 15, 1994
Sold by
Cosmopolitan Bank & Trust
Bought by
Svarnias Mary G and Svarnias Ted N
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wheeling, IL
-
Jose Cortez
-
Sandy Ortiz-Ramirez
Sandy Ortiz-Ramirez
Realty of America, LLC
(773) 572-0782
145 Total Sales
3 in Wheeling
$145K - $260K Price Range
-
Yevhen Hurtovyi
Yevhen Hurtovyi
Realta Real Estate
(773) 570-9695
233 Total Sales
10 in Wheeling
$100K - $602K Price Range
-
Celeste Barr
Celeste Barr
eXp Realty
(224) 328-3627
79 Total Sales
1 in Wheeling
$345,000 Price
-
Ethan Nagar
Ethan Nagar
Keller Williams ONEChicago
(877) 750-4068
47 Total Sales
2 in Wheeling
$305K - $378K Price Range
-
Leticia Cejeda
Leticia Cejeda
eXp Realty
(888) 589-5553
89 Total Sales
1 in Wheeling
$185,000 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 |
|---|---|---|---|
| $791,000 | None Listed On Document | ||
| Gmk 501 Llc | -- | Attorney | |
| Svarnias Mary G | -- | -- |
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 | $553,700 |
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 |
|---|---|---|---|---|
| 04/12/2024 04/12/24 | Sold | $791,000 | +6.2% | $143 / Sq Ft |
| 03/12/2024 03/12/24 | Pending | -- | -- | -- |
| 03/05/2024 03/05/24 | For Sale | $745,000 | -- | $134 / Sq Ft |
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 | $21,784 | $76,000 | $11,698 | $64,302 |
| 2024 | $21,784 | $65,000 | $9,424 | $55,576 |
| 2023 | $20,775 | $65,000 | $9,424 | $55,576 |
| 2022 | $20,775 | $65,000 | $9,424 | $55,576 |
| 2021 | $16,511 | $44,563 | $7,473 | $37,090 |
| 2020 | $16,081 | $44,563 | $7,473 | $37,090 |
| 2019 | $16,979 | $51,818 | $7,473 | $44,345 |
| 2018 | $16,632 | $45,576 | $6,499 | $39,077 |
| 2017 | $16,294 | $45,576 | $6,499 | $39,077 |
| 2016 | $15,206 | $45,576 | $6,499 | $39,077 |
| 2015 | $14,545 | $40,819 | $5,524 | $35,295 |
| 2014 | $14,188 | $40,819 | $5,524 | $35,295 |
| 2013 | -- | $40,819 | $5,524 | $35,295 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Romano
Seller's Agent in 2024
Susan Romano
Real Estate Solutions Investment Group, Inc.
(773) 710-3166
25 Total Sales
-
Susan Skrobowski
SS
Seller Co-Listing Agent in 2024
Susan Skrobowski
Real Estate Solutions Investment Group, Inc.
(773) 550-7306
11 Total Sales
-
NM
Buyer's Agent in 2024
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11996071
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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