$316,000
●
House -
Off Market
511 Prestwick Lane #302
Wheeling, IL 60090
2 Beds
2 Baths
1,426 Ft²
$2,507
Est. Monthly
$468
HOA / Fees
About This Property
This fabulous 2 bed condo has brand new appliances and furnace &
A/C unit. As you enter this unit you notice the tile on a
diagonal throughout the public spaces. The dining room is
separate from the living room. The kitchen provides an eating
area, 42" cabinets with crown molding, corian counters and most
appliances replaced in 2025. The primary suite is spacious
with a walk-in closet and ensuite bathroom with dual sinks, jetted
tub and separate shower. The additional bedroom has a wall
closet and is next to the hall bathroom with a shower/tub combo.
There is a balcony which can be accessed via the kitchen or
2nd bedroom and has space for a grill. Parking space #18 and
storage included. Just off Milwaukee this complex is very well
cared for and the unit is tucked in the back away from the street
noise. Close proximity to Willow/Palatine Rd for easy
commuting in any direction.
Unit Size
1,426 Ft²
Days on Market
-
Land Size
-
Price per sqft
$231
Property Type
House
Property Taxes
$423
HOA Dues
$468
Year Built
-
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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.
Property Highlights
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached, Garage, Yes, Garage Owned
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Storage, Walk-In Closet(s), 1st Floor Bedroom, 1st Floor Full Bath, Lobby
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Flooring Type: Carpet
Laundry Features: Main Level, Washer Hookup, In Unit
Rooms: 5
Basement: None
Exterior Details
Square Footage: 1426
Square Footage Source: $0
Year Built: 2004
Construction Materials: Brick
Lot Features: Common Grounds
Lot Size Dimensions: Common
Water Source: Public
Financial Details
Tax Annual Amount: $5,079
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air, Radiant, Radiant Floor
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Gas, Insurance, Maintenance Grounds, Snow Removal, Heat, Parking, Exterior Maintenance, Scavenger
HOA/Condo/Coop Amenities: Elevator(s), Storage, Security Door Lock(s)
HOA Fee: $468
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
05/26/2026
|
2 Bed
|
2 Bath
|
1426 ft²
|
$319,000
2 Bed
2 Bath
1426 ft²
|
$319,000
07/15/2026
|
Vasilios Nikolopoulos
@properties Christie's International Real Estate
| |
|
11/05/2025
|
2 Bed
|
2 Bath
|
1426 ft²
|
$332,000
2 Bed
2 Bath
1426 ft²
|
$316,000
-4.82%
12/16/2025
|
Amy Kite, ABR,CRS,E-PRO,SRES,TRC
Keller Williams Infinity
| |
|
08/25/2025
|
2 Bed
|
2 Bath
|
1498 ft²
|
$349,900
2 Bed
2 Bath
1498 ft²
|
$330,000
-5.69%
02/12/2026
|
Murat Guzeldere
IDCRealty LLC
| |
|
11/04/2024
|
2 Bed
|
2 Bath
|
1600 ft²
|
$310,000
2 Bed
2 Bath
1600 ft²
|
$310,000
01/14/2025
|
Anna Tabeau
Coldwell Banker Realty
| |
|
04/02/2024
|
2 Bed
|
2 Bath
|
1400 ft²
|
$309,800
2 Bed
2 Bath
1400 ft²
|
$300,000
-3.16%
07/12/2024
|
Yevgeniy Vugmayster
Barr Agency, Inc
| |
|
09/16/2023
|
2 Bed
|
2 Bath
|
1586 ft²
|
$310,000
2 Bed
2 Bath
1586 ft²
|
$287,000
-7.42%
11/07/2023
|
Nailya Sidyelnikova
Gold & Azen Realty
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
1313 ft²
|
$279,900
2 Bed
2 Bath
1313 ft²
|
$265,000
-5.32%
09/15/2022
|
Victor So
Second City Real Estate
| |
|
05/03/2022
|
2 Bed
|
2 Bath
|
1425 ft²
|
$279,900
2 Bed
2 Bath
1425 ft²
|
$272,500
-2.64%
06/09/2022
|
Patrick Haris
Cambridge Realty & Brokerage LLC
| |
|
01/09/2022
|
2 Bed
|
2 Bath
|
-
|
$269,000
2 Bed
2 Bath
|
$266,000
-1.12%
03/10/2022
|
-
| |
|
08/12/2021
|
2 Bed
|
2 Bath
|
-
|
$269,000
2 Bed
2 Bath
|
$269,000
11/16/2021
|
Ella Shlyak
Compass
| |
|
07/05/2021
|
2 Bed
|
2 Bath
|
1426 ft²
|
$249,900
2 Bed
2 Bath
1426 ft²
|
$243,500
-2.56%
09/16/2021
|
Sari Wolf
Wolf & Gordon Realty, LLC
| |
|
04/29/2021
|
2 Bed
|
2 Bath
|
1425 ft²
|
$249,900
2 Bed
2 Bath
1425 ft²
|
-
-
|
-
| |
|
02/20/2020
|
2 Bed
|
2 Bath
|
1586 ft²
|
$249,900
2 Bed
2 Bath
1586 ft²
|
-
-
|
-
| |
|
02/18/2019
|
1 Bed
|
1 Bath
|
1210 ft²
|
$179,900
1 Bed
1 Bath
1210 ft²
|
-
-
|
-
| |
|
01/13/2012
|
2 Bed
|
2 Bath
|
1416 ft²
|
$159,000
2 Bed
2 Bath
1416 ft²
|
$130,000
-18.24%
01/07/2013
|
Honore Frumentino, CRS
@properties Christie's International Real Estate
| |
|
06/07/2008
|
2 Bed
|
2 Bath
|
-
|
$229,900
2 Bed
2 Bath
|
$223,000
-3.00%
02/19/2009
|
Gregory Berdyshev
Barr Agency, Inc
|
Building Info
About Wheeling
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,000 /mo
- 3 Beds
- 1 Bath
- 1,255 ft²
$2,100 /mo
- 2 Beds
- 1 Bath
- 950 ft²
Listed by: Amy Kite, Keller Williams Infinity
Data Source: MRED, MLS# MRD12507893
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.
Data Source: MRED, MLS# MRD12507893
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