Closed

$652,000

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409 Inland Drive

Wheeling, Illinois 60090

Closed / MLS #11047215 / Multiple Family / Wheeling

Listing information updated 8/2/2021 at 11:43am

Solid investment opportunity in a great area and in excellent condition. Six flat brick building - three spacious two bedroom apartment and three spacious one bedroom apartment. Rehabbed in 2018 - new roof and windows, new doors including new balcony doors, new kitchen cabinets, counter-tops and new abt electric appliances, high quality engineered hardwood floors in each apartment, new carpet on the hallways, new paint, and much much more,.. 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. Separate tax pin number and tax bill for each apartment that can be easily converted back to one property tax pin number. Property taxes can be easily appealed. Don't miss your opportunity to build solid rental income.

Full Features

Exterior Type:

Brick

Water Front:

Square Feet:

N/A

Built:

1981

Parking Spaces:

Cooling System:

Window Unit(s)

Stories:

Zoning:

MULTI

Current Net Income:

$46,672

Unit 1:

4 room(s) / 1 bed(s) / 1 bath(s)

Unit 2:

4 room(s) / 1 bed(s) / 1 bath(s)

Unit 3:

4 room(s) / 1 bed(s) / 1 bath(s)

Unit 4:

5 room(s) / 2 bed(s) / 1 bath(s)

Unit 5:

5 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:

$22,268

Tax Year:

2019

Location

Zip Code:

60090

City:

Wheeling

County:

Cook

Listing Office: REDCO, Inc.

Listing Office Phone: 773.328.8055

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/2/2021 at 11:43am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Wheeling, IL

Wheeling is a thriving community characterized by friendly locals, great parks, and a beautiful community. One of the village’s top attractions is Restaurant Row, which boasts upscale restaurants and some of the best eateries in the north suburbs along Milwaukee Avenue. Throughout the year, commun...

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$294,877

Average Sale Price

Average Days On The Market

101%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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409 Inland Drive is a multiple family which sold for $652,000. This multiple family has been listed on @properties since April 8th, 2021 and was built in 1981.