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Sold on 12/02/2016
Richard Dawidiuk of RE/MAX Central Inc.
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287 7th St, Wheeling, IL 60090

  • $530,000

    Last sold 12/02/2016 after 154 Days

  • 9

    bed

  • 6

    bath

  • 5,796

    Sqft ($91/Sqft)

Multi-family not for sale
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About 287 7th St

Property type Multi-family
Year built 1976
HOA fee $0/month
Lot size 0.3 Acre
Property description
Turn Key Investment!!! Nothing to Do !!! Free-standing brick 6-flat with $50,000 roof improvement !!! Nice setting/landscaping on 1/3 acre lot ** Long-time owners 28 years ** Kitchens updated with new cabs, ceramic tile back splash & floors and appliances ** Updated baths (ceramic tile) ** 3 2-BR's/3 1-BR's ** Storage Shed ** Private parking for 12 cars ** No association ** Kitchens have eat-in areas ** Coin laundry (owned ) ** Very clean & well maintained - no pets in building ** Custom built laundry storage for each unit ** Rents should be higher ** Great rental location close to shopping & transportation **
Listed by
Listing Agent - Richard Dawidiuk
Listing Office - RE/MAX Central Inc.
Source: MRED mls logo
MLS#09275663 • last updated 9 years ago
Movoto checked MRED for data 10 minutes ago
Overview
Cooling/AC Wall Sleeve
Levels/Style 3
MLS # 9275663
Type Multi Family 5+
Lot Size (SqFt) 13200
Property Tax $ 15549
Year Built 1976
Interior
# Of Full Bthrms - Type 6 1
# Of Full Bthrms - Type 2 1
# Of Full Bthrms - Type 4 1
# Of Full Bthrms - Type 5 1
# Of Full Bthrms - Type 3 1
# Of Rooms - Type 5 3
# Of Rooms - Type 6 3
Exterior
Exterior Brick
# Of Parking Spaces 12
Amenities / Utilities
# Units in Building 6
Location
County Cook
Directions Wolf Rd N Of Dundee To Strong W To 7th St N
APN 3023060050000
Zoning MULTI
Multifamily Details
Unit 3: Total # of Rooms 4
Unit 1: Total # of Rooms 4
Unit 4: Total # of Rooms 3
Unit 2: Total # of Rooms 4
Unit 4: # of Bedrooms 1
Unit 3: # of Bedrooms 2
Unit 2: # of Bedrooms 2
Unit 1: # of Bedrooms 2
Tenant Pays Electric
Unit 1: # Full Bath 1
Expense: Electricity 376
Gross Rental Income 65220
Net Operating Income 43168
Total Annual Expense 23252
Gross Rent Multiplier 8.43
Expense: Fuel 3373
Expense: Water 1117
Expense: Insurance 2211
Total Annual Income 66420
We are not permitted to show value estimates for this property.
  • Dec 2016
    mls logo MLS # 09275663
  • Dec 2, 2016 Sold
    $530,000 (-3.6%)
  • Sep 22, 2016 Contingent
    —
  • Jul 1, 2016 Listed
    $549,700
  • 287 7th St
    $530K
  • —
  • 60090
    $318K -4% y/y
  • Wheeling
    $318K -4% y/y
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3/10
Eugene Field Elementary School
public Grades PK, K-5
Wheeling Central Consolidated School District 21
4/10
Jack London Middle School
public Grades 6-8
Wheeling Central Consolidated School District 21
5/10
Wheeling High School
public Grades 9-12
Township Hsd 214 School District
Source: GreatSchools.org © 2026. All rights reserved.

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