NOT LISTED FOR SALE

550 S Milwaukee Ave Wheeling, IL 60090

Estimated Value: $1,250,126

-- Bed
-- Bath
7,280 Sq Ft
$172/Sq Ft Est. Value

About This Home

This home is located at 550 S Milwaukee Ave, Wheeling, IL 60090 and is currently estimated at $1,250,126, approximately $171 per square foot. 550 S Milwaukee Ave is a home located in Cook County with nearby schools including Walt Whitman Elementary School, Oliver W Holmes Middle School, and Wheeling High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Trust Number 122797 and Chicago Title Land Trust Company
Bought by
Mantra Farm & Events Llc
Current Estimated Value
$1,250,126

Purchase Details

Closed on
Nov 3, 1999
Sold by
Stefani Phil
Bought by
Lasalle Bank National Assn and Trust #122797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
7.97%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1999
Sold by
Home State Bank/National Assn
Bought by
Stefani Phil

Purchase Details

Closed on
Jun 21, 1994
Sold by
1233 Corp
Bought by
Home State Bank

Purchase Details

Closed on
Nov 10, 1993
Sold by
1233 Corp
Bought by
Illinois Department Of Transportation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Mantra Farm & Events Llc $1,250,000 Chicago Title
Lasalle Bank National Assn -- --
Stefani Phil $1,450,000 --
Home State Bank $475,000 --
Illinois Department Of Transportation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lasalle Bank National Assn $1,160,000
Closed Lasalle Bank National Assn $800,000
Source: Public Records

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
2025 $100,123 $465,500 $397,706 $67,794
2024 $100,123 $298,752 $293,507 $5,245
2023 $95,518 $298,750 $293,507 $5,243
2022 $95,518 $298,856 $293,507 $5,349
2021 $157,464 $425,000 $397,706 $27,294
2020 $153,365 $425,000 $397,706 $27,294
2019 $139,260 $425,000 $397,706 $27,294
2018 $94,711 $259,526 $238,623 $20,903
2017 $92,783 $259,526 $238,623 $20,903
2016 $86,587 $259,526 $238,623 $20,903
2015 $86,310 $242,224 $225,366 $16,858
2014 $100,821 $290,061 $225,366 $64,695
2013 $93,085 $290,061 $225,366 $64,695
Source: Public Records

Map

Illinois Cook County Wheeling 60090

550 S Milwaukee Ave, Wheeling, IL

Not Listed for Sale

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