$315,000
●
Condo -
Off Market
40 Prairie Park Drive #607
Wheeling, IL 60090
2 Beds
2 Baths
1,522 Ft²
$338,793
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Welcome to Prairie Park at Wheeling! This lovingly maintained and
immaculate 2br 2bth 6th fl condo is ready for new owner. Features:
sought after split bedroom floor plan which offers privacy and
functionality; light-filled living and dining rooms with sliding
door leading to large balcony; Brazilian hardwood flooring; custom
window treatments; kitchen with refinished cabinets, granite
countertops and chevron tile backsplash; spacious primary bedroom
with direct access to balcony, walk-in closet, California Closet
Systems and en suite bathroom; second bedroom comes with already
installed Murphy Bed; heated garage space and large storage cage
complete the package! Prairie Park is a prestigious full-service
community on 18-acre prairie-inspired habitat, with walking paths
and sitting areas around the landscaped ponds, fountains, and
waterfalls. Its clubhouse offers amenities such as indoor pool,
exercise room, party room, sauna and jacuzzi. This is a must see!
Unit Size
1,522 Ft²
Days on Market
-
Land Size
-
Price per sqft
$216
Property Type
Condo
Property Taxes
$598
HOA Dues
$472
Year Built
1994
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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 #11249428)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2022 | Sold | ||
| Sold | |||
| Oct 18, 2021 | Listed by @properties | Christie's International Real Estate | $329,000 | |
| Listed by @properties | Christie's International Real Estate | |||
| May 31, 2017 | Sold | ||
| Sold | |||
| Apr 8, 2017 | Listed by Berkshire Hathaway HomeServices Visions Realty | $299,000 | |
| Listed by Berkshire Hathaway HomeServices Visions Realty | |||
| | |||
|
Are you looking for something special in a condo that you have earned the right to enjoy? Look no further. This is it. For your convenience and quality of life, this condo is located a few short steps (but not next to) the elevator. Please note these custom upgrades: newly installed $6,000 Murphy Bed in second bedroom: brand new Brazilian hardwood through out; California Closet Systems done in rich cherry wood in both walk in and hall closets in the master bedroom; designer custom wall treatments in kitchen: metal tiled back splash above granite counter tops; entire unit freshly painted in warm neutral tones; living room capped of by newly installed state of the art ceiling hugging deluxe fan. The garage space is already wired to charge your electric car. This is luxury at its finest. This unit epitomizes move in ready. As a bonus, the entire condo will be professionally cleaned and the buyer will be presented with a $100 gift card for dinner to celebrate. Provided by seller's agent.
| |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Hardwood Floors
Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick, Stone
Age: 11-15 Years
Rebuilt(Y/N): No
Parcel Number: 03021000821191
Property Type: Residential
Year Built: 2008
No Disability Access
Special Conditions: None
Exterior Features: Balcony
Lot Features: Common Grounds
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $7,173
Tax Exemptions: Homeowner, Senior
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Wheeling
Corporate Limits: Wheeling
Directions: Milwaukee Ave S of Lake Cook Rd to Wolf Rd W to Prairie Park Dr
County or Parish: Cook
Elementary School District: 21
Elementary School: Eugene Field Elementary School
Middle Or Junior School District: 21
Middle Or Junior School: Jack London Middle School
High School District: 214
High School: Wheeling High School
Other Details
Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $472
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/03/2026
|
2 Bed
|
2 Bath
|
1709 ft²
|
$479,000
2 Bed
2 Bath
1709 ft²
|
-
-
|
Sam Tousi
HomeSmart Connect
| |
|
08/12/2026
|
1 Bed
|
1 Bath
|
1286 ft²
|
$325,000
1 Bed
1 Bath
1286 ft²
|
$312,000
-4.00%
10/14/2026
|
Winfield Cohen
Keller Williams Success Realty
| |
|
04/08/2026
|
1 Bed
|
1 Bath
|
1286 ft²
|
$389,000
1 Bed
1 Bath
1286 ft²
|
-
-
|
Sam Tousi
HomeSmart Connect
| |
|
07/17/2026
|
2 Bed
|
2 Bath
|
1500 ft²
|
$425,000
2 Bed
2 Bath
1500 ft²
|
$415,000
-2.35%
08/28/2026
|
Young Lee
Real Broker LLC
| |
|
12/05/2025
|
2 Bed
|
2 Bath
|
1522 ft²
|
$430,000
2 Bed
2 Bath
1522 ft²
|
$400,000
-6.98%
03/13/2026
|
David Kim
Dream Town Realty
| |
|
05/21/2025
|
2 Bed
|
2 Bath
|
-
|
$430,000
2 Bed
2 Bath
|
$435,000
+1.16%
07/11/2025
|
Polina Freydin
Chicago Residences
| |
|
09/10/2024
|
2 Bed
|
2 Bath
|
1490 ft²
|
$409,000
2 Bed
2 Bath
1490 ft²
|
$409,000
11/07/2024
|
Saeid Tousi
First Chicago Real Estate, Inc.
| |
|
07/23/2024
|
2 Bed
|
2 Bath
|
1852 ft²
|
$465,000
2 Bed
2 Bath
1852 ft²
|
$440,000
-5.38%
11/04/2024
|
Courtney Smith
Compass
| |
|
07/21/2024
|
2 Bed
|
2 Bath
|
-
|
$285,900
2 Bed
2 Bath
|
$305,000
+6.68%
02/27/2025
|
Wael Amra
Chicago Residences
| |
|
09/14/2023
|
1 Bed
|
2 Bath
|
1289 ft²
|
$300,000
1 Bed
2 Bath
1289 ft²
|
$285,000
-5.00%
10/20/2023
|
Beth Colen
Homesmart Connect LLC
| |
|
08/21/2023
|
2 Bed
|
2 Bath
|
1485 ft²
|
$349,000
2 Bed
2 Bath
1485 ft²
|
$325,000
-6.88%
10/31/2023
|
Arlen Peterson
Berkshire Hathaway HomeServices Chicago
| |
|
04/20/2022
|
2 Bed
|
2 Bath
|
1850 ft²
|
$380,000
2 Bed
2 Bath
1850 ft²
|
$367,500
-3.29%
07/01/2022
|
Jason Merel
eXp Realty, LLC
| |
|
05/16/2022
|
2 Bed
|
2 Bath
|
1490 ft²
|
$365,000
2 Bed
2 Bath
1490 ft²
|
$375,000
+2.74%
06/17/2022
|
E. Tracy Lee
Berkshire Hathaway HomeServices Starck Real Estate
| |
|
01/27/2022
|
3 Bed
|
2 Bath
|
2254 ft²
|
$465,000
3 Bed
2 Bath
2254 ft²
|
$450,000
-3.23%
04/06/2022
|
Courtney Smith
Compass
| |
|
10/18/2021
|
2 Bed
|
2 Bath
|
1522 ft²
|
$329,000
2 Bed
2 Bath
1522 ft²
|
$315,000
-4.26%
03/15/2022
|
Peter Bellert
@properties Christie's International Real Estate
| |
|
10/12/2021
|
2 Bed
|
2 Bath
|
1709 ft²
|
$339,000
2 Bed
2 Bath
1709 ft²
|
$320,000
-5.60%
12/03/2021
|
Courtney Smith
Compass
| |
|
07/19/2021
|
3 Bed
|
2 Bath
|
2254 ft²
|
$429,000
3 Bed
2 Bath
2254 ft²
|
$403,000
-6.06%
10/12/2021
|
Courtney Smith
Compass
| |
|
07/07/2021
|
3 Bed
|
3 Bath
|
2254 ft²
|
$475,000
3 Bed
3 Bath
2254 ft²
|
$460,000
-3.16%
08/25/2021
|
Courtney Smith
Compass
| |
|
11/03/2020
|
3 Bed
|
3 Bath
|
2253 ft²
|
$440,000
3 Bed
3 Bath
2253 ft²
|
-
-
|
-
| |
|
01/13/2020
|
1 Bed
|
2 Bath
|
1280 ft²
|
$239,900
1 Bed
2 Bath
1280 ft²
|
-
-
|
-
| |
|
06/29/2017
|
3 Bed
|
2 Bath
|
2254 ft²
|
$484,900
3 Bed
2 Bath
2254 ft²
|
$465,000
-4.10%
09/18/2017
|
Lindsey Kaplan
@properties Christie's International Real Estate
| |
|
06/22/2017
|
2 Bed
|
2 Bath
|
1852 ft²
|
$374,900
2 Bed
2 Bath
1852 ft²
|
$365,000
-2.64%
09/26/2017
|
Nancy Gibson
Goggin Real Estate LLC
| |
|
06/15/2017
|
2 Bed
|
2 Bath
|
1289 ft²
|
$215,000
2 Bed
2 Bath
1289 ft²
|
$215,000
09/06/2017
|
Lukasz Wojcik
Jameson Sotheby's Intl Realty
| |
|
04/08/2017
|
2 Bed
|
2 Bath
|
1522 ft²
|
$299,000
2 Bed
2 Bath
1522 ft²
|
$290,000
-3.01%
05/31/2017
|
Daniel Bonkowski
Berkshire Hathaway HomeServices Starck Real Estate
| |
|
04/07/2017
|
2 Bed
|
2 Bath
|
1522 ft²
|
$299,900
2 Bed
2 Bath
1522 ft²
|
$290,000
-3.30%
07/19/2017
|
Nancy Gibson
Goggin Real Estate LLC
| |
|
10/07/2016
|
2 Bed
|
2 Bath
|
1418 ft²
|
$279,900
2 Bed
2 Bath
1418 ft²
|
$275,000
-1.75%
06/19/2017
|
Jeff Salhani
REMAX Legends
|
Building Info
40 Prairie Park Drive
40 Prairie Park Drive, Wheeling, IL 60090
- 2 Units for Sale
About Wheeling
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,250 /mo
- 3 Beds
- 1 Bath
- 1,095 ft²
$2,600 /mo
- 3 Beds
- 1 Bath
- 1,200 ft²
Listed by: Peter Bellert, @properties | Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11249428
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11249428
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