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432 Inland Drive Wheeling, IL $ 850,000
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$ 850,000 Get more info
432 Inland Drive
$ 850,000
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432 Inland Drive

Wheeling, IL, 60090
$ 850,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 5,938

432 Inland Drive, Wheeling, IL 60090 - Image 1

Multi-Family Home for sale in Wheeling, IL

for $850,000 with 3 bedrooms. This home was built in 1983.

SOLID INVESTMENT OPPORTUNITY IN GREAT AREA AND EXCELLENT CONDITION. CLOSE TO SHOPPING AND TRANSPORTATION. Six flat brick building - three spacious 2 BR and three spacious 1 BR apartments. Rehabbed in 2020 - 2023:new doors including new balcony doors, new kitchen cabinets, counter-tops and new ABT electric appliances, new carpet on the hallways, new paint, and much much more. Current rents are at least 15% below market and can be substantially increased. Additional income from coin laundry located on the lower level. Individual electric heating system for each unit - tenants pay electric, building is fully occupied by long term tenants. Association includes snow removal, lawn care, parking lots maintenance, and trash service. Property taxes can be easily appealed. Don't miss your opportunity to build solid rental income. Property management and office on-site and available for future owners to assist with the rental process.

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Multi-Family Active

Price

$ 850,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 18,350

Style

Multi-Family

Year Built

1983

Town/City

Wheeling

County/Region

Cook

MLS | Web ID

11996051
Features
General
Cooling Window Unit(s)
Zoning MULTI
Year Built 1983
Tenant Pays Air Conditioning Electricity
Stories 3
Township Wheeling
Tax Year 2022
Current Use Multi-Family
Gross Income 84000
County Cook
Net Operating Income 48220
Operating Expense 35780
Insurance Expense 4500
Property Type Commercial Sale Multi Family 5+
Status Active
Directions Milwaukee to Hintz west to Wolf north to Inland Dr
City Wheeling
Total Units 6
MLS Area Wheeling
Street Name Inland
Tax Annual Amount 18350
Electric Expense 550
Fuel Expense 2680
Trash Expense 0
Water Sewer Expense 4900
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
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Exterior
Lot Dimensions 45X65
Exterior Brick
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Interior
Street Suffix Drive
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* Excluded Features
List By
Sophia Levy

Broker

sophialevy426@gmail.com

Email

Affordability Calculator

$7,467
Per Month
80%
20%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
$1,529
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/5/2024$850,000 Listed Price

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432 Inland Drive, Wheeling, IL, 60090 is a Multi-Family Home for sale at $850,000. 432 Inland Drive has 3 bedrooms, 0.0 baths, and was built in 1983. The property's zip code is 60090 which is in Wheeling, IL

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