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Wheeling 60090
417 Virginia Place
$315,000
● House - Off Market

417 Virginia Place

Wheeling, IL 60090
bedrooms
3 Beds
bathrooms
1 Bath
square feet
984 Ft²
$1,552
Est. Monthly
12.51%
Cap Rate

About This Property

MULTIPLE OFFERS RECEIVED * HIGHEST AND BEST PLEASE BY 5PM MONDAY *  HOME SWEET HOME  * Come Fall in Love with This Pristine Home *Beautiful Inside and Out with Brand New Carpet and Paint *   Sun Filled Living Room with Large Picture Window * Updated Kitchen with Extended Cabinets and New Flooring * Updated Bath * Full Size Washer and Dryer with Added Cabinets Above * Wonderful Fenced Backyard with Private Patio Area * Storage Shed  Holds All Your Yard Tools and Accessories * Fabulous Attached Garage is Immaculate * Pull Down Stairs to Attic offers Lots of Storage Space * It's A Dollhouse * Come See
Unit Size
984 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$304
Property Type
House
Property Taxes
$84
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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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: 2 years ago (MRED MLS #12189016)

Price History

Date / Event Date Event Price
Nov 19, 2024 Sold
Premium
Sold
Oct 24, 2024 In contract -
In contract
Oct 17, 2024 Listed by Coldwell Banker Realty $298,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,490
  • Total Building Area: 984
  • Gross Building Area: 984
  • Building Area: 984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 984
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWBROOK UNIT3
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (MEADOWBROOK)(UNIT3) SUB OF PT NH SEC11 & PT NW SEC12 NW SEC 12-42-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802506

Geography

  • District: 38
  • Parcel: 03-12-115-010-0000
  • Meridian: SEC 12 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.132
  • Longitude: -87.9046

    Address

  • Full Address: 417 Virginia Pl
  • Legal Unit: 3
  • Address - House Number: 417
  • Address - Street Name: Virginia
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Wheeling
  • Carrier Code: C002
  • 4-Digit Zip Code: 4925
  • Zip Code: 60090

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $98,705
  • Tax Rate Code Area: 38055

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 272,476
  • High Value: 334,693
  • Low Value: 210,258

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $47,050
  • Market Improvement Value: $182,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $4,705
  • Assessed Improvements Value: $18,295
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:

$315,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1336 ft²

Average Home Age

46.9 years

Currently For Sale

53 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

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MRED

Listed by: Connie Hoos, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12189016
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 417 Virginia Place built and last sold?
The property at 417 Virginia Place was built in 1959 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 417 Virginia Place is $0.
What are some comparable homes to 417 Virginia Place?
There are currently no comparable homes to 417 Virginia Place.
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