NOT LISTED FOR SALE

640 Mchenry Rd Unit 2103 Wheeling, IL 60090

Estimated Value: $317,826 - $339,000

2 Beds
2 Baths
1,560 Sq Ft
$528/mo HOA Fee

Last Sold July 20, 2021

Last sale price $243,000 $156 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,760/month

63 Days on Market

Highlights

  • Landscaped Professionally
  • Property is near a park
  • Elevator
  • Buffalo Grove High School Rated A+
  • Wooded Lot
  • Stainless Steel Appliances

About This Home

As of July 2021

MOTIVATED SELLERS! Stunning condo with recently updated gorgeous finishes! You must see this convenient 1st floor unit in rarely available Park Point at Wheeling. Brand new luxury floors throughout the open living areas. Bright kitchen with 42" Maple cabinets, brand new quartz counters and GE Stainless Steel appliances. Large family room off of kitchen is light and bright with wall of windows. Open the French Doors and enjoy a cup of coffee on the tranquil patio. Luxurious master suite includes freshly painted master bath with brand new quartz double vanity, separate shower and large soaking tub. Walk-in closet with custom Closet Organizer is a nice feature. Second bath has brand new quartz counters as well. Spacious second bedroom also has walk in closet. Convenient in unit laundry room with washer and dryer and plenty of storage. Enjoy the natural light and fresh paint throughout this lovely unit. Elevator building with heated underground parking and storage room. HOA takes care of landscape maintenance, snow removal, water and cable. Close to Metra and New Wheeling Town Center with restaurants, retail shopping and movie theatre entertainment. Enjoy executive style living with walking paths situated near Childerley Park. Special assessment has been 100% paid by seller. Move in and enjoy! Monthly assessment includes water, cable, snow removal and landscaping. Great opportunity for investors! Easy to show, come and see for yourself!

Last Agent to Sell the Property

Priscilla Rowan

Keller Williams Infinity License #475188807 Listed on: 04/08/2021

Keller Williams Infinity

Last Buyer's Agent

Mary Marcus

@properties Christie's International Real Estate License #475124193

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,115

Year Built

  • Built in 2003

Lot Details

  • Landscaped Professionally
  • Wooded Lot

HOA Fees

  • $528 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick or Stone Mason
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,560 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Blinds
  • French Doors
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

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
  • Lake Michigan Water

Additional Features

  • Patio
  • Property is near a park

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 32 Units
  • Jamie Mang Association, Phone Number (847) 459-1222
  • Park Point Subdivision
  • Property managed by Foster Premier

Amenities

  • Building Patio
  • Common Area
  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,115

Year Built

Built in 2003

Lot Details

0

HOA Fees

$528 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Park Point
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Accessibility Features: Main Level Entry
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1560
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Door Features: French Doors
  • Window Features: Blinds

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds, Landscaped, Park Adjacent, Wooded
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Asphalt,Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 528
  • Association Amenities: Elevator(s), Storage, Ceiling Fan, Intercom, Patio
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier
  • Management Contact Name: Jamie Mang
  • Management Phone: 847-459-1222X3317

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Eugene Field Elementary School
  • High School: Buffalo Grove High School
  • Middle/Junior School: Jack London Middle School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5115.31
  • Tax Year: 2019

Multi Family

  • Units in Building: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jul 20, 2021
Sold by
Rowan David A and Rowan Priscilla M
Bought by
Karkazis Frank
Seller's Agent
Priscilla Rowan
Keller Williams Infinity
Buyer's Agent
Mary Marcus
@properties Christie's International Real Estate
List Price
$259,900
Sold Price
$243,000
Premium/Discount to List
-$16,900
-6.5%
Current Estimated Value
$326,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,152
Avg. Annual Appreciation
6.76%
Original Mortgage
$182,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2006
Sold by
Rowan David A and Rowan Priscilla M
Bought by
Rowan David A and Rowan Priscilla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2004
Sold by
Park Point At Wheeling Llc
Bought by
Rowan David A and Holliday Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,652
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Karkazis Frank $243,000 Citywide Title Corporation
Rowan David A -- Acqt
Rowan David A $278,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karkazis Frank $182,250
Previous Owner Rowan David A $252,000
Previous Owner Rowan David A $222,652
Closed Rowan David A $41,747
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Sold $243,000 -4.7% $156 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/15/2021 05/15/21 Price Changed $254,900 -1.9% $163 / Sq Ft
04/08/2021 04/08/21 For Sale $259,900 -- $167 / 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 $6,272 $18,716 $1,700 $17,016
2023 $5,982 $18,716 $1,700 $17,016
2022 $5,982 $18,716 $1,700 $17,016
2021 $5,169 $13,950 $283 $13,667
2020 $5,034 $13,950 $283 $13,667
2019 $5,115 $15,611 $283 $15,328
2018 $3,822 $10,474 $226 $10,248
2017 $3,745 $10,474 $226 $10,248
2016 $3,495 $10,474 $226 $10,248
2015 $3,443 $9,663 $963 $8,700
2014 $3,359 $9,663 $963 $8,700
2013 $3,101 $9,663 $963 $8,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11046254

Midwest Real Estate Data (MRED)

APN: 03-03-300-017-1034