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Wheeling 60090
54 Legacy Lane
$410,000
● House - Off Market

54 Legacy Lane

Wheeling, IL 60090
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$3,286
Est. Monthly
$355
HOA / Fees
5.36%
Cap Rate

About This Property

This well-built, solid brick 3-bedroom, 2.5-bathroom townhouse offers both style and convenience. The open-concept kitchen features granite countertops, a brand-new microwave, and a stylish backsplash. Freshly painted interiors and hardwood flooring on the main level enhance the home's warmth and charm. Enjoy the ease of second-floor laundry and the privacy of a desirable corner unit. Located just moments from shops, highways, parks, and restaurants, this home offers the perfect blend of comfort and accessibility.Don't miss this incredible opportunity-schedule your showing today!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$175
Property Type
House
Property Taxes
$873
HOA Dues
$355
Year Built
2013

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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
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 10
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,425
  • Total Building Area: 2,070
  • Gross Building Area: 2,070
  • Building Area: 2,070
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,070
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MILLBROOK POINTE SUBDIVISION
  • Land Acres: 0000000033
  • Standard Land Use Code: 1002
  • County Land Use Code: 2-95

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802402

Geography

  • District: 38
  • Parcel: 03-02-205-044-0000
  • Municipality: WHEELING
  • Latitude: 42.1473
  • Longitude: -87.9146

    Address

  • Full Address: 54 Legacy Ln
  • Address - House Number: 54
  • Address - Street Name: Legacy
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wheeling
  • Carrier Code: C018
  • 4-Digit Zip Code: 2926
  • Zip Code: 60090

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $995,566
  • Tax Rate Code Area: 38202

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 421,431
  • High Value: 517,661
  • Low Value: 325,202

    Market Valuation

  • Market Total Value: $345,700
  • Market Land Value: $70,000
  • Market Improvement Value: $275,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,570
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $27,570

    Sales

  • Current Sale Contract Date: Jun 19, 2013
  • Current Sale Recording Date: Nov 08, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1331233095
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

1343 ft²

Average Home Age

47.1 years

Currently For Sale

59 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

Unit for rent at 411 Hickory Drive, Wheeling, IL, 60090

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,900 ft²
411 Hickory Drive, Wheeling, IL, 60090 Listing by Matthew Messel
Unit for rent at 527 Winston Lane, Deerfield, IL, 60015

$2,950 /mo

  • 3 Beds
  • 2 Baths
527 Winston Lane #527, Deerfield, IL, 60015 Listing by Vaseekaran Janarthanam

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jamie Lee, Baird & Warner
Data Source: MRED, MLS# MRD12294417
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 54 Legacy Lane built and last sold?
The property at 54 Legacy Lane was built in 2013 and last sold on Jun 19, 2013 for $289,000.
How much is this home worth?
The estimated value of the home located at 54 Legacy Lane is $429,093.
What are some comparable homes to 54 Legacy Lane?
There are currently no comparable homes to 54 Legacy Lane.
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