NOT LISTED FOR SALE

550 Vail Ct Unit 550 Wheeling, IL 60090

Estimated Value: $230,000 - $236,000

3 Beds
1 Bath
1,100 Sq Ft
2.73 Acres

Last Sold February 26, 2024

Last sale price $204,000 $185 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,480/month

Highlights

  • Clubhouse
  • End Unit
  • Balcony
  • Buffalo Grove High School Rated A+
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of May 2024

This home is located at 550 Vail Ct Unit 550, Wheeling, IL 60090 since 10 May 2024 and is currently priced at $232,988. This property was built in 1975. 550 Vail Ct Unit 550 is a home located in Cook County with nearby schools including Joyce Kilmer Elementary School, Cooper Middle School, and Buffalo Grove High School.

Last Agent to Rent the Property

Debra Hallberg-Palmer

HomeSmart Connect LLC License #475133117 Listed on: 05/10/2024

HomeSmart Connect LLC

Last Renter's Agent

Debra Hallberg-Palmer

HomeSmart Connect LLC License #475133117 Listed on: 05/10/2024

HomeSmart Connect LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,856

Year Built

  • Built in 1975

Lot Details

  • 2.73

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Property Available on 5/11/24
  • Rent includes water, pool, scavenger, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 4 Units
  • Association Phone (844) 903-3833
  • Property managed by Associa Chicagoland

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Park

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,856

Year Built

Built in 1975

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-05-11
  • Lease Term: 12 Months
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2350
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Furnished: No
  • LivingArea: 1100
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1000
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1000
  • Total Sq Ft: 1000
  • Upper Level Sq Ft: 1000
  • Window Features: Blinds
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • List Price: 2350
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Garage Spaces: 1
  • OpenParkingSpaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: No
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Deposit Required, Number Limit, Size Limit
  • Association Amenities: Park, Pool, Clubhouse
  • Rent Includes: Water, Pool, Scavenger, Snow Removal
  • Management Company: Associa Chicagoland
  • Management Contact Name: TBD
  • Management Phone: 844-903-3833

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: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2023
Closed on
Feb 13, 2024
Sold by
Corbin Johnny
Bought by
Colao Adam
Seller's Agent
Nicole Norwalk-Galanis
Coldwell Banker Realty
Buyer's Agent
Debra Hallberg-Palmer
HomeSmart Connect LLC
List Price
$214,987
Sold Price
$204,000
Premium/Discount to List
-$10,987
-5.11%
Views
106
Current Estimated Value
$232,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,988
Avg. Annual Appreciation
8.89%
Original Mortgage
$153,000
Outstanding Balance
$150,627
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$82,361

Purchase Details

Listed on
Jul 16, 2015
Closed on
Aug 21, 2015
Sold by
Tikhonov Vadim and Khalimendik Maria
Bought by
Corbin Johnny
Seller's Agent
Mila Tchelak
Gold & Azen Realty
Buyer's Agent
Nicole Norwalk-Galanis
Coldwell Banker Realty
List Price
$120,900
Sold Price
$110,000
Premium/Discount to List
-$10,900
-9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Sep 10, 2009
Sold by
Christiana Bank & Trust Company
Bought by
Tikhonov Vadim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,605
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2009
Sold by
Morales
Bought by
Christiana Bank & Trust Company

Purchase Details

Closed on
Oct 2, 2006
Sold by
Bland Wayne J and Bland Gloria D
Bought by
Morales Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
6.49%
Mortgage Type
Stand Alone Second
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
Colao Adam $204,000 Fidelity National Title
Colao Adam $204,000 Fidelity National Title
Corbin Johnny $110,000 Cti
Tikhonov Vadim $77,000 Fatic
Christiana Bank & Trust Company -- None Available
Morales Arturo $168,000 Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colao Adam $153,000
Closed Colao Adam $153,000
Previous Owner Tikhonov Vadim $75,605
Previous Owner Christiana Bank & Trust Company $110,880
Previous Owner Morales Arturo $33,600
Previous Owner Bland Wayne J $148,000
Previous Owner Bland Wayne J $143,000
Previous Owner Bland Wayne J $43,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Rented $2,350 0.0% --
05/28/2024 05/28/24 Under Contract -- -- --
04/27/2024 04/27/24 For Rent $2,350 0.0% --
02/26/2024 02/26/24 Sold $204,000 -5.1% $185 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/09/2023 12/09/23 For Sale $214,987 +95.4% $195 / Sq Ft
08/25/2015 08/25/15 Sold $110,000 -9.0% $100 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $120,900 -- $110 / 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 $2,856 $14,492 $2,339 $12,153
2023 $2,663 $14,492 $2,339 $12,153
2022 $2,663 $14,492 $2,339 $12,153
2021 $1,919 $11,173 $389 $10,784
2020 $2,017 $11,173 $389 $10,784
2019 $2,974 $12,504 $389 $12,115
2018 $1,910 $8,669 $311 $8,358
2017 $1,893 $8,669 $311 $8,358
2016 $2,059 $8,669 $311 $8,358
2015 $1,780 $7,618 $1,325 $6,293
2014 $1,755 $7,618 $1,325 $6,293
2013 $1,601 $7,618 $1,325 $6,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12040809

Midwest Real Estate Data (MRED)

APN: 03-04-204-077-1032