586 Fairway View Drive #1A
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 27, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Listed by eXp Realty | $171,000 | |
| Listed by eXp Realty | |||
| | |||
|
Move-in ready 2 bed, 1 bath first floor corner unit condo. Step into an open concept living room and dining room with wainscoting and wood laminate floors throughout. The updated kitchen features stainless steel appliances, a tiled backsplash, and quartz countertops. Sliding doors in the living room lead out to a quaint patio - the perfect space for grilling, container gardening, or simply enjoying some fresh air. Two generously sized bedrooms that share a full hallway bathroom with soaking tub completes the unit. Common area coin laundry is located on the second floor of the building. Building is made of concrete which aids in noise reduction between units. Baseboard heat with low heating costs. Community amenities include a pool, clubhouse, tennis court, playground and walking path. Short drive to Wheeling Metra Station, shopping, dining, and expressways (I-294 and I-94). Cash or portfolio loan might be required.
| |||
| Jan 9, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/03/2026
|
2 Bed
|
1 Bath
|
902 ft²
|
$175,000
2 Bed
1 Bath
902 ft²
|
-
-
|
Stephanie Oh
@properties Christie's International Real Estate
| |
|
11/13/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$165,500
2 Bed
1 Bath
1000 ft²
|
-
-
|
Evan Reynolds
eXp Realty, LLC
| |
|
01/20/2026
|
1 Bed
|
1 Bath
|
700 ft²
|
$164,900
1 Bed
1 Bath
700 ft²
|
$140,000
-15.10%
07/28/2026
|
Volodymyr Yakubiv
Core Realty & Investments, Inc
| |
|
03/13/2024
|
2 Bed
|
2 Bath
|
900 ft²
|
$175,000
2 Bed
2 Bath
900 ft²
|
$175,000
06/28/2024
|
Maria Chavez
Homesmart Connect LLC
| |
|
03/23/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$129,900
2 Bed
1 Bath
1000 ft²
|
$139,000
+7.01%
05/19/2023
|
Rhonda Starr
RE/MAX Vision 212
| |
|
05/01/2022
|
2 Bed
|
1 Bath
|
1000 ft²
|
$119,900
2 Bed
1 Bath
1000 ft²
|
$125,000
+4.25%
05/31/2022
|
Rhonda Starr
RE/MAX Vision 212
| |
|
01/09/2017
|
2 Bed
|
1 Bath
|
-
|
$109,000
2 Bed
1 Bath
|
$105,000
-3.67%
05/15/2017
|
Talla Zhitnitsky
Prospective Realty
|
Building Info
- 1 Unit for Sale
About Wheeling
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017