NOT LISTED FOR SALE

550 Pleasant Run Dr Wheeling, IL 60090

11 Beds
6 Baths
-- Sq Ft
1975 Built

Last Sold January 14, 2022

Last sale price $750,000

5 Days on Market

About This Home

As of January 2022

Stop !!! look no further Your CASH Cow is Here !!! Long time tenants !!!!!! plenty of room for increase rent, Brick 6 flat building with balcony's features 5-2 bedrooms and 1-1 bedrooms in great Wheeling location. 5 Unites are renovated New roof , windows , outside parking in the back of the building. Excellent rental area, rents are below market. Great opportunity to increase income , extra income from laundry machines , Amazing building at a reasonable price. Don't wait !!!!!!!!!!!!

Last Agent to Sell the Property

Alexander Mirgorodsky

Core Realty & Investments, Inc License #475174750 Listed on: 10/30/2021

Core Realty & Investments, Inc

Last Buyer's Agent

Jackie Guinane

Baird & Warner License #475124100

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,456

Year Built

  • Built in 1975

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 57x57
  • Radiator

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $359
  • Fuel Expense $2,246
  • Insurance Expense $2,406
  • Other Expense $3,600
  • Water Sewer Expense $2,438
  • Operating Expense $26,000
  • Gross Income $69,900
  • Net Operating Income $46,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,456

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1975
  • Built Before 1978 (Y/N): Yes
  • Information: Seller's Disclosure
  • Estimated Age: 26-35 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Dishwashers: 6
  • Room: 0

Utilities

  • Heat/Ventilation: Radiators

Fee Information

  • Water Sewer Expenses: 2438

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 57X57
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 2

Multi Family

  • Net Operating Income: 46000
  • Fuel Expense: 2246
  • Insurance Expense: 2406
  • ElectricExpense: 359
  • GrossIncome: 69900
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 26000
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 14456.2
  • Tax Year: 2020
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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 List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $750,000 0.0% --
11/07/2021 11/07/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $749,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $18,136 $73,001 $3,933 $69,068
2024 $18,136 $61,001 $3,328 $57,673
2023 $17,324 $61,001 $3,328 $57,673
2022 $17,324 $61,001 $3,328 $57,673
2021 $14,858 $44,865 $2,268 $42,597
2020 $14,456 $44,865 $2,268 $42,597
2019 $14,995 $51,748 $2,268 $49,480
2018 $15,041 $47,253 $1,966 $45,287
2017 $14,826 $47,253 $1,966 $45,287
2016 $13,788 $47,253 $1,966 $45,287
2015 $12,026 $38,000 $1,739 $36,261
2014 $11,717 $38,000 $1,739 $36,261
2013 $11,371 $38,000 $1,739 $36,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11260424

Midwest Real Estate Data (MRED)