$272,500
●
Condo -
Off Market
511 Prestwick Lane #502
Wheeling, IL 60090
2 Beds
2 Baths
1,425 Ft²
$283,145
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Rarely available, very large (1425 sq ft) top floor, vaulted
ceilings on 5th floor, end unit.. Very Quiet, furthest away from
Milwaukee Ave. Open flowing floorplan with Large kitchen & access
to huge private balcony. TOTAL REMODEL in 2020. Master Bath and
Second Bath both have new cabinets, counters, sink and toilet, New
Wood laminate flooring throughout LR, DR, and Kitchen, with NEW
CARPETING in bedrooms. Vaulted ceilings with in-unit full
size laundry. Luxurious primary suite has huge walk-in closet with
lovely view, double vanity sink & separate shower. Enjoy the
beautiful views from both bedrooms & balcony. Freshly
painted through out. Fabulous building with grand lobby,
ELEVATOR, HEATED GARAGE, large storage & plenty of guest parking.
HOA included Heat/Water/Gas/Parking/ exterior maintenance.
Minutes from great shopping, restaurants, theatres, Metra, US
53 and Interstate 294. Don't miss this updated home! Move in Ready
sold in its beautiful "as is" condition!
Unit Size
1,425 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
Condo
Property Taxes
$553
HOA Dues
$452
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.
Last updated: 3 years ago (MRED MLS #11393183)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2022 | Sold | ||
| Sold | |||
| May 3, 2022 | Listed by Cambridge Realty & Brokerage LLC | $279,900 | |
| Listed by Cambridge Realty & Brokerage LLC | |||
Property Highlights
Garage
Elevator
Air Conditioning
Parking Details
Total Number of Parking: 2
Garage Spaces: 2
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Lobby
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 16-20 Years
Rehab Year: 2020
Rebuilt(Y/N): No
Parcel Number: 03123040071122
Property Type: Residential
Year Built: 2005
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2020
Tax Annual Amount: $6,638
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Wheeling
Corporate Limits: Wheeling
Directions: Milwaukee south of Dundee to Prestwick west to property
County or Parish: Cook
Elementary School District: 21
Elementary School: Walt Whitman Elementary School
Middle Or Junior School District: 21
Middle Or Junior School: Oliver W Holmes Middle School
High School District: 214
High School: Wheeling High School
Other Details
Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $452
Association Fee Freq: Monthly
Holds Earnest Money: No
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 |
|---|---|---|---|---|---|---|---|
|
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
11/10/2021
|
Ella Shlyak
Compass
| |
|
07/05/2021
|
2 Bed
|
2 Bath
|
1426 ft²
|
$249,900
2 Bed
2 Bath
1426 ft²
|
$243,500
-2.56%
09/10/2021
|
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
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Listed by: Patrick Haris, Cambridge Realty & Brokerage LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11393183
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# 11393183
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