$299,000
●
Condo -
Off Market
640 McHenry Road #203
Wheeling, IL 60090
2 Beds
2 Baths
1,500 Ft²
$299,501
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Move right into fantastic two bedroom/two bath condo in Park Point.
This condo features an abundance of natural light. 9-foot ceilings,
a fabulous private balcony, and heated parking/storage.
Recent upgrades include new lighting, new flooring/carpeting,
new doors/hardware and a fresh paint job! You'll love the
convenient location and close to the I-290 & I-294, restaurants and
shopping! This is a Fannie Mae HomePath property.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$199
Property Type
Condo
Property Taxes
$472
HOA Dues
$607
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 #11741886)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | Listed by Xhomes Realty Inc | $325,000 | |
| Listed by Xhomes Realty Inc | |||
| | |||
|
Luxury bright condo in desirable Park Point subdivision. Fabulous open floor plan with 2 split bedroom, oversize windows, large living room, 9 ft ceilings. Open kitchen with 42" cabinets, SS appliances, granite countertop and luxury backsplash. Master bathroom with jacuzzi tub, double vanity and shower, walk in closet. This condo features an abundance of natural light, a fabulous private balcony and heated underground parking/storage. Recent upgrades include: lighting, white kitchen cabinets, flooring/carpeting, doors/hardware and a fresh paint. AC 2023, fridge, washer, dryer, dishwasher - replaced in 2023. Close to park, shopping, metro etc. Monthly HOA included: Water, TV/Cable, Wi-Fi, Internet Access, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal. You'll love the convenient location and close to the I-290 & I-294, restaurants and shopping! Don't hesitate to schedule a showing and make this beauty your own Home!
| |||
| Jun 27, 2023 | Sold | ||
| Sold | |||
| Mar 20, 2023 | Listed by Keller Williams Rlty Partners | $299,000 | |
| Listed by Keller Williams Rlty Partners | |||
Property Highlights
Garage
Elevator
Air Conditioning
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick, Stone
Age: 16-20 Years
Rebuilt(Y/N): No
Parcel Number: 03033000171038
Property Type: Residential
Year Built: 2003
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2021
Tax Annual Amount: $5,669
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Wheeling
Corporate Limits: Wheeling
Directions: McHenry Road South of Lake-Cook Road and North of Dundee Road
County or Parish: Cook
Elementary School District: 21
Elementary School: Eugene Field Elementary School
Middle Or Junior School District: 21
Middle Or Junior School: Jack London Middle School
High School District: 214
High School: Buffalo Grove High School
Other Details
Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $607
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 |
|---|---|---|---|---|---|---|---|
|
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,950 /mo
- 3 Beds
- 2 Baths
- 1,330 ft²
$1,750 /mo
- 1 Bed
- 1 Bath
- 600 ft²
Listed by: Joseph Pav, Keller Williams Rlty Partners
Last Updated: 3 years ago
Data Source: MRED, MLS# 11741886
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# 11741886
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