NOT LISTED FOR SALE

507 E Manchester Dr Wheeling, IL 60090

Wheeling Area
9 Beds
6 Baths
-- Sq Ft
1973 Built

Sale Details

Date Sold: October 30, 2020

Last sale price $690,000 $0 Per Sq Ft

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

Baird & Warner License #471005752 Listed on: 08/25/2020

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

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

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
Oct 31, 2024
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
$338,000
Interest Rate
0.0681%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2021
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 2011
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
$100,000
Interest Rate
0.0395%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 2003
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
$208,000
Interest Rate
0.0617%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 1999
Sold by
Bought by
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
$520,000 Lawyers Title
-- None Available
$85,000 Landsafe Title Of California
$116,055 None Available
$5,659 Accommodation
$258,000 Commonwealth Title
$123,500 First American Title
-- United Title Company
$92,537 American Title Co
-- --
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
Previous Owner $338,000
Previous Owner $100,000
Previous Owner $40,000
Previous Owner $100,000
Previous Owner $37,600
Previous Owner $272,000
Previous Owner $208,000
Previous Owner $83,727
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
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

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 $1,350 $106,752 $37,676 $69,076
2024 $1,282 $104,660 $36,938 $67,722
2023 $1,282 $102,609 $36,214 $66,395
2022 $1,276 $100,598 $35,504 $65,094
2021 $1,203 $98,626 $34,808 $63,818
2020 $1,166 $97,616 $34,452 $63,164
2019 $1,157 $97,616 $34,452 $63,164
2018 $1,116 $93,827 $33,115 $60,712
2017 $1,056 $91,988 $32,466 $59,522
2016 $1,038 $90,185 $31,830 $58,355
2015 $1,043 $88,831 $31,352 $57,479
2014 $1,023 $87,092 $30,738 $56,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10830599

Midwest Real Estate Data (MRED)
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