$135,000
●
Condo -
Off Market
563 FAIRWAY VIEW Drive #2E
Wheeling, IL 60090
1 Bed
1 Bath
800 Ft²
$1,180
Est. Monthly
$282
HOA / Fees
12.00%
Cap Rate
About This Property
Best value around in sought after Fairway Green with low
assessment. Best location in the complex. Assessment includes heat,
water, gas, garbage, scavenger. Large balcony is perfect for
relaxation and grilling, walk-in closet, convenient and plentiful
parking for 2 cars. Complex features swimming pool, tennis court,
playground. Easy access to shopping, banks, restaurants, walking
paths, daycare. Highly-rated Buffalo Grove high school! Taxes do
not reflect homeowner exemption. Show and sell.
Unit Size
800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$175
Property Type
Condo
Property Taxes
$210
HOA Dues
$282
Year Built
-
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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 #12163148)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by Barr Agency, Inc | $139,900 | |
| Listed by Barr Agency, Inc | |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 2
Parking Features: Assigned
Interior Details
Bedrooms: 1
Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Microwave, Refrigerator
Rooms: 4
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 51-60 Years
Rebuilt(Y/N): No
Parcel Number: 03042010251161
Property Type: Residential
Year Built: 1973
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2023
Tax Annual Amount: $2,525
Tax Exemptions: None
Utilities Details
Cooling: Window/Wall Unit - 1
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: Wheeling
Corporate Limits: Wheeling
Directions: MC HENRY TO FAIRWAY GREEN
County or Parish: Cook
Elementary School District: 21
Elementary School: Joyce Kilmer Elementary School
Middle Or Junior School District: 21
Middle Or Junior School: Cooper Middle School
High School District: 214
High School: Buffalo Grove High School
Other Details
Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $282
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
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 |
|---|---|---|---|---|---|---|---|
|
03/06/2025
|
1 Bed
|
1 Bath
|
800 ft²
|
$153,900
1 Bed
1 Bath
800 ft²
|
$150,000
-2.53%
04/30/2025
|
Egle Vasiliauskiene
Amber Realty Inc.
| |
|
09/13/2024
|
1 Bed
|
1 Bath
|
800 ft²
|
$139,900
1 Bed
1 Bath
800 ft²
|
$135,000
-3.50%
10/03/2024
|
Svetlana Gilman
Barr Agency, Inc
| |
|
05/31/2024
|
2 Bed
|
2 Bath
|
900 ft²
|
$167,500
2 Bed
2 Bath
900 ft²
|
-
-
|
Olesya Tolstoy
Tolstoy Realty
| |
|
06/13/2022
|
1 Bed
|
2 Bath
|
775 ft²
|
$105,000
1 Bed
2 Bath
775 ft²
|
$95,000
-9.52%
08/29/2022
|
Eleonora Pasmanik
Core Realty & Investments, Inc
| |
|
07/15/2021
|
2 Bed
|
2 Bath
|
-
|
$134,900
2 Bed
2 Bath
|
-
-
|
Olesya Tolstoy
Tolstoy Realty
| |
|
07/23/2020
|
2 Bed
|
2 Bath
|
-
|
$129,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
04/17/2019
|
1 Bed
|
1 Bath
|
-
|
$93,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/11/2017
|
1 Bed
|
1 Bath
|
-
|
$69,900
1 Bed
1 Bath
|
$68,000
-2.72%
04/14/2017
|
Nona Lisitza
RE/MAX United
|
Building Info
About Wheeling
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Listed by: Svetlana Gilman, Barr Agency, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 12163148
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# 12163148
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