$195,000 - $218,000
RENTED SEP 2, 2025

501 Mchenry Rd Unit 3B Wheeling, IL 60090

2 Beds
1.5 Baths
1,000 Sq Ft
1980 Built

Last Sold June 10, 2021

Last sale price $130,000 $130 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,421/month

Highlights

  • Formal Dining Room
  • Balcony
  • Park
  • Buffalo Grove High School Rated A+
  • Living Room
  • Laundry Room

About This Home

As of September 2025

Welcome to this exceptional, move-in ready condominium, showcasing a perfect blend of style, comfort, and convenience. The property's numerous highlights include a modern kitchen, completely renovated full bathroom, NEW central AC with Honeywell thermostat, generously proportioned bedrooms, and freshly painted walls. Recent renovations, completed in 2021, have transformed the kitchen, flooring, trim, appliances, interior doors, patio sliding doors, and windows, creating a truly modern living space. Residents will appreciate the added convenience of basement storage and coin-operated laundry facilities within the building. The complex's design prioritizes comfort and privacy, with only six units per entrance, while ample parking options cater to visitors' needs. Tenant only pays for the electric bill!

Last Agent to Rent the Property

Kim Alden

Compass License #475122036 Listed on: 07/15/2025

Compass

Co-Listed By

Selena Cuevas

Compass License #475194408

Last Renter's Agent

Courtney Huddleston

@properties Christie's International Real Estate License #475205136

@properties Christie's International Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,548

Year Built

  • Built in 1980

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Vinyl Flooring
  • Video Cameras
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • No Tub in Bathroom

Parking

  • 2 Parking Spaces
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

  • Eugene Field Elementary School
  • Jack London Middle School
  • Buffalo Grove High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $1,800
  • Property Available on 7/16/25
  • 12 Month Lease Term

Community Details

Overview

  • 6 Units
  • Edee Association, Phone Number (847) 219-4893
  • Euclid Terrace Subdivision
  • Property managed by Euclid Terrace II condominiums

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Recreation

  • Park

Pet Policy

  • Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,548

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Available Date: 2025-07-16
  • Lease Term: 12 Months
  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Rental Price: 1800
  • Security Deposit: 1800
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • EntryLevel: 3
  • Property Attached: Yes
  • Property Sub-Type: Condo
  • Subdivision Name: Euclid Terrace
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Range Hood, Electric Cooktop, Electric Oven
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Other Equipment: Ceiling Fan(s), Security Cameras, Water Heater-Electric
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: No Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 1800
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Assigned, On Site
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Amenities: Coin Laundry, Storage, Park, Ceiling Fan
  • Rent Includes: None
  • Management Company: Euclid Terrace II condominiums
  • Management Contact Name: Edee
  • Management Phone: 847-219-4893

Schools

  • Elementary School: Eugene Field Elementary School
  • High School: Buffalo Grove High School
  • Middle/Junior School: Jack London Middle School
  • Middle/Junior School District: 21

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jun 10, 2021
Sold by
Koprinarova Maria and Lijev Mladen
Bought by
Luna David Ibarra and Luna Daniel Ibarra
Seller's Agent
Mack Woodcock
Coldwell Banker Realty
Buyer's Agent
Syuzanna Zakharchuk
Berkshire Hathaway HomeServices Starck Real Estate
Sold Price
$130,000
Current Estimated Value
$211,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,352
Avg. Annual Appreciation
11.91%
Original Mortgage
$81,000
Outstanding Balance
$61,040
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$150,312
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Luna David Ibarra $130,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luna David Ibarra $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2025 09/02/25 Rented $1,800 0.0% --
08/06/2025 08/06/25 Under Contract -- -- --
07/15/2025 07/15/25 For Rent $1,800 0.0% --
06/10/2021 06/10/21 Sold $130,000 -7.1% $130 / Sq Ft View Prior Sale
04/30/2021 04/30/21 Pending -- -- --
04/30/2021 04/30/21 For Sale -- -- --
04/23/2021 04/23/21 For Sale $139,900 -- $140 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $3,548 $10,588 $1,655 $8,933
2023 $3,383 $10,588 $1,655 $8,933
2022 $3,383 $10,588 $1,655 $8,933
2021 $1,768 $4,249 $441 $3,808
2020 $1,768 $4,249 $441 $3,808
2019 $1,768 $4,756 $441 $4,315
2018 $0 $4,944 $386 $4,558
2017 $1,768 $4,944 $386 $4,558
2016 $1,650 $4,944 $386 $4,558
2015 $4,734 $13,287 $937 $12,350
2014 $4,618 $13,287 $937 $12,350
2013 $4,264 $13,287 $937 $12,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12421339

Midwest Real Estate Data (MRED)

APN: 03-03-101-022-1012