For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Wheeling 60090
1069 Pear Tree Lane
$387,000
● House - Off Market

1069 Pear Tree Lane

Wheeling, IL 60090
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,300 Ft²
$453,966
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

TRULY BEAUTIFUL HOME IMPECCABLY MAINTAINED INSIDE AND OUT** FABULOUS FLOORPLAN * VAULTED CEILINGS  IN LIVING ROOM AND MASTER BEDROOM ** LARGE KITCHEN OPENS TO FAMILY ROOM.SO MANY UPDATES IN LAST 10 YEARS INC NEW KITCHEN, NEWR SS APPL , PATIO DOORS, 2011 NEW ROOF, WINDOWS,GARAGE DOOR, 2012 NEW FURN, 2013 NEW AC, 2015 NEW WATER HEATER , DRYER. FINISHED BASEMENT. THE FENCE IS GETTING FIXED IN THE NEXT 2 WEEKS. BEST HOUSE AND THE BEST MODEL FOR YOUR $$$$$$ MUST SEE
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$174
Property Type
House
Property Taxes
$768
HOA Dues
$17
Year Built
1984

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11087201)

Price History

Date / Event Date Event Price
Sep 15, 2021 Sold
Premium
Sold
May 13, 2021 Listed by Signature Real Estate Company $399,900
Listed by Signature Real Estate Company

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,825
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,603
  • Gross Building Area: 1,603
  • Building Area: 1,603
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,603
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEMKE FARMS SUB UNIT2
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: (LEMKE) (FARMS) SUB (UNIT2) BEING SUB OF PT OF EH NE SEC 15-42-11

Neighborhood

  • School District Name: Prospect Heights School District 23
  • Census Tract: 803014

Geography

  • District: 38
  • Parcel: 03-15-217-051-0000
  • Lot: 221
  • Meridian: SEC 15 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1176
  • Longitude: -87.9303

    Address

  • Full Address: 1069 Pear Tree Ln
  • Legal Unit: 2
  • Address - House Number: 1069
  • Address - Street Name: Pear Tree
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wheeling
  • Carrier Code: C001
  • 4-Digit Zip Code: 5718
  • Zip Code: 60090

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $994,004
  • Tax Rate Code Area: 38035

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 434,474
  • High Value: 533,150
  • Low Value: 335,798

    Market Valuation

  • Market Total Value: $350,010
  • Market Land Value: $75,080
  • Market Improvement Value: $274,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,001
  • Assessed Land Value: $7,508
  • Assessed Improvements Value: $27,493

    Sales

  • Current Sale Contract Date: May 11, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2124328001
  • Previous Sale Recording Date: Oct 05, 2005
  • Previous Sale Contract Date: Sep 07, 2005
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wheeling

Stats & Trends

Median Asking:

$318,900

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1494 ft²

Average Home Age

46.6 years

Currently For Sale

63 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 700 N Maple Street, Prospect Heights, IL, 60070

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 4,400 ft²
700 N Maple Street, Prospect Heights, IL, 60070 Listing by Carolyn Goodman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Alla Aizenberg, Signature Real Estate Company
Last Updated: 3 years ago
Data Source: MRED, MLS# 11087201
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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1069 Pear Tree Lane built and last sold?
The property at 1069 Pear Tree Lane was built in 1984 and last sold on May 11, 2021 for $395,000.
How much is this home worth?
The estimated value of the home located at 1069 Pear Tree Lane is $410,934.
What are some comparable homes to 1069 Pear Tree Lane?
There are currently no comparable homes to 1069 Pear Tree Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Wheeling Homes for Sale
Wheeling Houses for Sale
Wheeling Condos for Sale
Wheeling Townhouses for Sale
Wheeling Multifamily for Sale
Wheeling Land for Sale
Wheeling Commercial for Sale
Wheeling Homes with Basements
Nearby Cities
Schaumburg Homes for Sale
Palatine Homes for Sale
Arlington Heights Homes for Sale
Des Plaines Homes for Sale
Park Ridge Homes for Sale
Buffalo Grove Homes for Sale
Mount Prospect Homes for Sale
Glenview Homes for Sale
Nearby Property Records
Lake County, IL Property Records
DuPage County, IL Property Records
Kane County, IL Property Records
McHenry County, IL Property Records
Cook County, IL Property Records
Kenosha County, WI Property Records
Will County, IL Property Records
DeKalb County, IL Property Records
Neighborhoods
Norwood Park Real Estate
Edison Park Real Estate
O'Hare Real Estate
Buffalo Grove Real Estate
Wildwood Real Estate
Deerfield Park Real Estate
Conway Farms Real Estate
Oak Hills Real Estate
Nearby Counties
Maine Homes for Sale
Schaumburg Homes for Sale
Palatine Homes for Sale
Northfield Homes for Sale
Vernon Homes for Sale
Elk Grove Homes for Sale
Ela Homes for Sale
West Deerfield Homes for Sale
Top Real Estate Agents
Top Agents in Wheeling
Top Agents in Maine
Top Agents in Schaumburg
Top Agents in Palatine
Top Agents in Northfield
Top Agents in Schaumburg
Top Agents in Palatine
Top Agents in Vernon