$150,000
●
Condo -
Off Market
575 Fairway View Drive #2F
Wheeling, IL 60090
2 Beds
2 Baths,
1
Half Bath
1,000 Ft²
$144,088
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Opportunity knocks! Freshly painted and move in ready just in time
for summer. 2 large bedrooms / 1.5 BATH!! Super clean kitchen with
an integrated dining area and pass-through that opens up to an
extra large living room complete with private balcony. Park views
from the balcony and bedrooms! Primary en suite 1/2 bath! Closet
space everywhere and extra designated storage space in the basement
of the building. Laundry on same level as unit. This complex has it
all and unit 2F overlooks the pools, playground and
tennis/basketball courts. Plus a walking path! Close to so much
shopping, entertainment, dining and recreation including the new
Wheeling Town Center, Metra Station and so much more. **Award
winning Buffalo Grove High School!**
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
Condo
Property Taxes
$198
HOA Dues
$375
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 #11791531)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2023 | Sold | ||
| Sold | |||
| May 31, 2023 | Listed by Compass | $144,900 | |
| Listed by Compass | |||
Property Highlights
Parking Details
Total Number of Parking: 2
Interior Details
Bedrooms: 2
Bathrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 03042010251273
Property Type: Residential
Year Built: 1973
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2021
Tax Annual Amount: $2,376
Tax Exemptions: None
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Baseboard
Sewer : Public Sewer
Location Details
Township: Wheeling
Corporate Limits: Wheeling
Directions: From W Lake Cook Rd and S McHenry Rd, head south on S McHenry Rd to Fairway View Drive. Head south on Fairway View Drive into complex.
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, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $375
Association Fee Freq: Monthly
Holds Earnest Money: Yes
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 |
|---|---|---|---|---|---|---|---|
|
07/17/2026
|
1 Bed
|
1 Bath
|
800 ft²
|
$147,000
1 Bed
1 Bath
800 ft²
|
-
-
|
Helen Oliveri
Helen Oliveri Real Estate
| |
|
02/11/2026
|
1 Bed
|
1 Bath
|
-
|
$150,000
1 Bed
1 Bath
|
$140,000
-6.67%
03/13/2026
|
Maximilian Ortega
Artizen Realty LLC
| |
|
04/10/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$170,000
2 Bed
1 Bath
1000 ft²
|
$180,000
+5.88%
04/23/2025
|
Stephanie Oh
@properties Christie's International Real Estate
| |
|
03/20/2024
|
1 Bed
|
1 Bath
|
800 ft²
|
$139,000
1 Bed
1 Bath
800 ft²
|
$156,000
+12.23%
04/10/2024
|
Anna Yanovskaya-Addante
Real Estate Solutions LLC
| |
|
05/31/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$144,900
2 Bed
2 Bath
1000 ft²
|
$150,000
+3.52%
08/24/2023
|
Jordan McCormick
Compass
| |
|
06/08/2022
|
2 Bed
|
2 Bath
|
-
|
$135,500
2 Bed
2 Bath
|
$135,500
07/22/2022
|
Andrzej Adamczyk
Kale Realty
| |
|
06/30/2015
|
1 Bed
|
1 Bath
|
670 ft²
|
$68,900
1 Bed
1 Bath
670 ft²
|
$59,800
-13.21%
03/30/2016
|
Hyun Shin
iProperties
|
Building Info
575 Fairway View Drive
575 Fairway View Drive, Wheeling, IL 60090
- 1 Unit for Sale
About Wheeling
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Listed by: Jordan McCormick, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11791531
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# 11791531
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