NOT LISTED FOR SALE

507 E Manchester Dr Wheeling, IL 60090

9 Beds
6 Baths
-- Sq Ft
1973 Built

Last Sold October 30, 2020

Last sale price $690,000

25 Days on Market

About This Home

As of October 2020

Well Maintained 6 unit Building on a quiet residential street. Three 5-2-1 units and three 4-1-1 units. All units updated within last 5 years. New Tear-off Roof, Fence and New Balconies 2015. New coin Washer & Dryer. Storage Shed. 12 Private Parking Spaces. Great Investment Opportunity. Great for 1031 Exchange.

Last Agent to Sell the Property

Robert Beer

Dream Town Real Estate License #471005752 Listed on: 08/25/2020

Dream Town Real Estate

Last Buyer's Agent

Hyun Shin

Real People Realty License #475154596

Real People Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $3,656
  • Insurance Expense $2,182

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 46196
  • Repairs Decor Expense: 2042
  • Scavenger Expense: 1090
  • Total Annual Exp: 29520
  • Total Annual Income: 75716
  • Total Monthly Income: 6310
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 12
  • Number Of Stories: 3
  • Estimated Year Built: 1973
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1973

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Central Heat/Indiv Controls, Hot Water, Baseboard
  • Water Expense: 1183

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 646

Lot Info

  • Lot Dimensions: 101 X 132
  • Parcel Identification Number: 03123000550000

Rental Info

  • Gross Rental Income: 75716
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 3656
  • Insurance Expense: 2182
  • Other Expenses: 2089
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 16632.5

Range of Values:

Collateral Analytics

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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

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $690,000 -0.6% --
09/19/2020 09/19/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $694,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Beer

    Seller's Agent in 2020

    Robert Beer

    Dream Town Real Estate

    (773) 852-6600

    1 in this area

    14 Total Sales

    Robert Beer
    Section Image
  • Hyun Shin

    Buyer's Agent in 2020

    Hyun Shin

    Real People Realty

    1 in this area

    5 Total Sales

    Hyun Shin
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10830599

Midwest Real Estate Data (MRED)

Illinois Cook County Wheeling 60090

507 E Manchester Dr, Wheeling, IL

This home is located at 507 E Manchester Dr, Wheeling, IL 60090 since 25 August 2020. This property was built in 1973. 507 E Manchester Dr is a home located in Cook County with nearby schools including Walt Whitman Elementary School, Oliver W Holmes Middle School, and Wheeling High School.

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