$190,000
●
House -
Off Market
640 MCHENRY Road #101
WHEELING, IL 60090
2 Beds
2 Baths
$407,954
RealtyHop Estimate
95.19%
Since Oct 1, 2008
National-US
Primary Model
About This Property
WHAT AN UNBELIEVABLY LOW PRICE! PRICED WAY UNDER THE COMPS! IT'S A
STEAL! IT IS ALSO GORGEOUS & FEATURES HRDWD & CER FLRING, BEAUT
CABINETRY, A SPARKLING MASTER BATHRM W/HIS & HER SINKS, VANITIES &
DRESSING TABLE. FAB LRG KITCH, 6 PNL DRS, A BIG MASTER SUITE
W/2 CLOSETS (INCLUDING 1 WALK-IN), AN UNDRGRND HEATED GAR, NEAR
SHOPPING & RESTAURANTS. QUICK POSS OK.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$379
HOA Dues
$369
Year Built
-
Payment Calculator
Home Price
Down Payment
%
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Interest %
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Principal + Interest:
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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
Elevator
Air Conditioning
Parking Available
Parking Details
Has Garage
Parking Features: Garage Door Opener, Heated Garage, Attached, Assigned, Guest, On Site, Garage, Garage Owned, Owned
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Flooring Type: Hardwood
Laundry Features: Washer Hookup
Rooms: 6
Basement: None
Exterior Details
Year Built: 2003
Construction Materials: Brick
Patio and Porch Features: Patio
Lot Features: Landscaped, Common Grounds
Lot Size Dimensions: COMMON GROUNDS
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $4,550
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Grounds, Snow Removal, Parking, TV/Cable, Exterior Maintenance, Scavenger
HOA/Condo/Coop Amenities: Elevator(s), Storage
HOA Fee: $369
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 |
|---|---|---|---|---|---|---|---|
|
12/05/2025
|
2 Bed
|
2 Bath
|
2162 ft²
|
$429,900
2 Bed
2 Bath
2162 ft²
|
-
-
|
Denise Beckway
Re/Max United
| |
|
06/12/2025
|
2 Bed
|
2 Bath
|
1267 ft²
|
$299,000
2 Bed
2 Bath
1267 ft²
|
-
-
|
Denise Beckway
Re/Max United
| |
|
12/05/2024
|
2 Bed
|
2 Bath
|
1551 ft²
|
$309,000
2 Bed
2 Bath
1551 ft²
|
$299,000
-3.24%
01/30/2025
|
Michael Zwemke
Charles Rutenberg Realty of IL
| |
|
08/25/2024
|
2 Bed
|
2 Bath
|
2000 ft²
|
$359,000
2 Bed
2 Bath
2000 ft²
|
$349,900
-2.53%
10/24/2024
|
Kaloian Kouzmanov
Home Realty Group, Inc
| |
|
07/30/2024
|
2 Bed
|
2 Bath
|
1600 ft²
|
$325,000
2 Bed
2 Bath
1600 ft²
|
$325,000
12/12/2024
|
Lucia Demidetchi
Xhomes Realty Inc
| |
|
03/20/2023
|
2 Bed
|
2 Bath
|
1500 ft²
|
$299,000
2 Bed
2 Bath
1500 ft²
|
$299,000
06/27/2023
|
JOSEPH PAV
D'APRILE PROPERTIES INC.
| |
|
04/04/2022
|
2 Bed
|
3 Bath
|
2200 ft²
|
$299,900
2 Bed
3 Bath
2200 ft²
|
$285,000
-4.97%
04/29/2022
|
Jack Bogun
Homesmart Connect LLC
| |
|
03/09/2022
|
2 Bed
|
2 Bath
|
-
|
$267,900
2 Bed
2 Bath
|
$275,000
+2.65%
04/18/2022
|
Denise Beckway
Re/Max United
| |
|
01/25/2022
|
2 Bed
|
2 Bath
|
1551 ft²
|
$229,500
2 Bed
2 Bath
1551 ft²
|
$242,000
+5.45%
02/25/2022
|
Dan Gleason
Realty Executives Elite
| |
|
11/06/2021
|
2 Bed
|
3 Bath
|
2162 ft²
|
$324,900
2 Bed
3 Bath
2162 ft²
|
$310,000
-4.59%
12/17/2021
|
Denise Beckway
Re/Max United
| |
|
10/02/2021
|
2 Bed
|
2 Bath
|
1550 ft²
|
$254,900
2 Bed
2 Bath
1550 ft²
|
$235,000
-7.81%
12/01/2021
|
Denise Beckway
Re/Max United
| |
|
09/17/2021
|
2 Bed
|
2 Bath
|
-
|
$249,900
2 Bed
2 Bath
|
$220,000
-11.96%
11/08/2021
|
Karen Majerczak
Compass Florida LLC
| |
|
07/20/2021
|
2 Bed
|
3 Bath
|
2162 ft²
|
$265,000
2 Bed
3 Bath
2162 ft²
|
$250,000
-5.66%
09/29/2021
|
Denise Beckway
Re/Max United
| |
|
04/08/2021
|
2 Bed
|
2 Bath
|
1560 ft²
|
$259,900
2 Bed
2 Bath
1560 ft²
|
$243,000
-6.50%
09/16/2021
|
Priscilla Rowan
| |
|
01/21/2021
|
2 Bed
|
2 Bath
|
1550 ft²
|
$239,900
2 Bed
2 Bath
1550 ft²
|
$223,000
-7.04%
05/07/2021
|
Denise Beckway
| |
|
11/14/2020
|
2 Bed
|
2 Bath
|
-
|
$252,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
07/15/2020
|
2 Bed
|
2 Bath
|
2060 ft²
|
$239,900
2 Bed
2 Bath
2060 ft²
|
-
-
|
-
| |
|
07/09/2020
|
2 Bed
|
2 Bath
|
1560 ft²
|
$234,900
2 Bed
2 Bath
1560 ft²
|
-
-
|
-
| |
|
03/22/2020
|
2 Bed
|
2 Bath
|
1527 ft²
|
$219,800
2 Bed
2 Bath
1527 ft²
|
$212,000
-3.55%
05/15/2020
|
Joseph Lozano
d'aprile properties
| |
|
05/17/2017
|
2 Bed
|
2 Bath
|
-
|
$195,000
2 Bed
2 Bath
|
$196,100
+0.56%
08/16/2017
|
-
| |
|
03/24/2008
|
2 Bed
|
2 Bath
|
-
|
$209,000
2 Bed
2 Bath
|
$190,000
-9.09%
09/23/2008
|
Sandee Abern
Coldwell Banker Realty
|
Building Info
About Wheeling
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Listed by: Sandee Abern, Coldwell Banker Residential Brokerage
Data Source: MRED, MLS# MRD06838135
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.
Data Source: MRED, MLS# MRD06838135
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