See Home Value
Wheeling 60090
268 7th Street
$275,000
● Land - Off Market

268 7th Street

Wheeling, IL 60090
bedrooms
Studio
bathrooms
0 Bath
$1,685
Est. Monthly

About This Property

We are pleased to present an exceptional opportunity to acquire a prime piece of real estate located at 268 7th St,  Wheeling. This parcel of land is not only strategically situated in a growing area but also comes with an approved project that  is permit-ready for immediate development. The property is located in Wheeling, a vibrant community known for its  accessibility and amenities. With its walking distance to the newly developed downtown area the site benefits from proximity  to local schools, parks, shopping centers, and public transportation options, making it an attractive location for potential  residents. This sale includes plans for a 6-unit residential building, designed to meet the needs of modern living while  maximizing the use of space. The project has been thoroughly vetted and approved by local authorities, ensuring compliance  with zoning regulations and building codes. The new owner can commence with construction permits immediately upon  purchase. This eliminates the typical delays associated with obtaining approvals and allows for a faster return on investment.  Given the increasing demand for housing in Wheeling, this property presents a lucrative investment opportunity. The planned  6-unit building is poised to attract renters looking for quality living spaces in a desirable neighborhood. This land at 268 7th  St represents an outstanding chance to invest in a ready-to-build project in Wheeling. With its approved plans and permits in  place, you can hit the ground running on your development goals. Don't miss out on this rare opportunity to secure a valuable  asset in a thriving community.
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
$212
HOA Dues
-
Year Built
-

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Property Highlights


Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,200
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ZELOSKYS MILWAUKEE AVE SUB ADD TO WHEELI
  • Land Acres: 0000000303
  • Standard Land Use Code: 8000
  • County Land Use Code: 1-00
  • Legal Description 1: WM (ZELOSKYS)(MILWAUKEE) AVE SUB ADD TO (WHEELING) RE SUB GEORGE STRONGS FARM IN SECS 1&2 SEC 02-42-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802504

Geography

  • District: 38
  • Parcel: 03-02-313-006-0000
  • Lot: 142
  • Meridian: SEC 02 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1436
  • Longitude: -87.9198

    Address

  • Full Address: 268 7th St
  • Address - House Number: 268
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Wheeling
  • Carrier Code: C073
  • 4-Digit Zip Code: 2810
  • Zip Code: 60090

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $242,592
  • Tax Rate Code Area: 38055

    Market Valuation

  • Market Total Value: $75,900
  • Market Land Value: $75,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,590
  • Assessed Land Value: $7,590

    Sales

  • Current Sale Contract Date: Mar 30, 2023
  • Current Sale Recording Date: Apr 12, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 49004
  • Previous Sale Recording Date: Feb 26, 2018
  • Previous Sale Contract Date: Feb 15, 2018
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Wheeling


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Frequently Asked Questions

When was property at 268 7th Street built and last sold?
The property at 268 7th Street was built in and last sold on Mar 30, 2023 for $110,000.
How much is this home worth?
The estimated value of the home located at 268 7th Street is $0.
What are some comparable homes to 268 7th Street?
There are currently no comparable homes to 268 7th Street.