$312,000
●
Condo -
Off Market
720 Prestwick Lane #404
Wheeling, IL 60090
2 Beds
2 Baths
1,563 Ft²
$2,763
Est. Monthly
$521
HOA / Fees
4.08%
Cap Rate
About This Property
Check this out. Rare and spacious luxury 2 bedroom, 2 bathroom,
condo with high ceilings! Remodeled in 2016. This home offers a
living room + dining room and den(could be used as an office )
along with an eat-in kitchen. Stainless steel 2 years old
appliances, sparkling granite counter tops.New day and night
blinds.Whole unit painted a year ago. Huge balcony with
unobstructed scenic views. The balcony can be accessed through the
living room and master bedroom. Plenty of natural sunlight in this
unit. Master bedroom includes his and hers new closets and en-suite
bathroom. Bathroom has separate tub and shower. Attached heated car
garage, with storage unit next to parking. Unit has 1 year old
washer and dryer laundry! Beautiful hardwood floor throughout and
comfortable newer carpet in the bedrooms. Location is convenient to
grocery stores, Wheeling's restaurant district, 294 highway, coffee
shops, shopping, etc. Take advantage of this beautiful unit being
on the market. Nothing to do but move in.
Unit Size
1,563 Ft²
Days on Market
-
Land Size
-
Price per sqft
$210
Property Type
Condo
Property Taxes
$626
HOA Dues
$521
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 #12088025)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Relisted | $329,000 | |
| Relisted | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Price Decreased |
$329,000
↓ $10K
(3%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Elevator
Air Conditioning
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 21-25 Years
Rehab Year: 2016
Rebuilt(Y/N): No
Parcel Number: 03123040071020
Property Type: Residential
Year Built: 2003
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $7,517
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Forced Air
Sewer : Public Sewer
Location Details
Township: Wheeling
Corporate Limits: Wheeling
Directions: MILWAUKEE AVENUE NORTH OF HINTZ AND SOUTH OF DUNDEE
County or Parish: Cook
Elementary School District: 21
Middle Or Junior School District: 21
Middle Or Junior School: Oliver W Holmes Middle School
High School District: 214
Other Details
Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $521
Association Fee Freq: Monthly
Holds Earnest Money: No
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 |
|---|---|---|---|---|---|---|---|
|
06/10/2025
|
2 Bed
|
2 Bath
|
-
|
$325,000
2 Bed
2 Bath
|
-
-
|
Margaret Dralyuk
Dralyuk Real Estate Inc.
| |
|
01/24/2025
|
2 Bed
|
2 Bath
|
1600 ft²
|
$299,999
2 Bed
2 Bath
1600 ft²
|
$308,000
+2.67%
02/14/2025
|
Melinda Chen
RE/MAX Top Performers
| |
|
11/14/2024
|
2 Bed
|
2 Bath
|
1400 ft²
|
$310,000
2 Bed
2 Bath
1400 ft²
|
-
-
|
Aleksandra Fremderman
Core Realty & Investments Inc.
| |
|
08/23/2024
|
2 Bed
|
2 Bath
|
1400 ft²
|
$299,900
2 Bed
2 Bath
1400 ft²
|
$300,000
+0.03%
01/23/2025
|
Sarah Han
Baird & Warner
| |
|
06/19/2024
|
2 Bed
|
2 Bath
|
1563 ft²
|
$339,000
2 Bed
2 Bath
1563 ft²
|
$312,000
-7.96%
10/04/2024
|
Urszula Topolewicz
United Real Estate Elite
| |
|
05/08/2024
|
2 Bed
|
2 Bath
|
-
|
$289,000
2 Bed
2 Bath
|
$303,000
+4.84%
07/08/2024
|
Linda Rosenbloom
@properties Christie's International Real Estate
| |
|
03/06/2024
|
2 Bed
|
2 Bath
|
1425 ft²
|
$299,900
2 Bed
2 Bath
1425 ft²
|
$310,000
+3.37%
04/15/2024
|
Jane Goldman
Gold & Azen Realty
| |
|
12/22/2023
|
2 Bed
|
2 Bath
|
1425 ft²
|
$275,000
2 Bed
2 Bath
1425 ft²
|
$279,000
+1.45%
04/30/2024
|
Aleksandra Fremderman
Core Realty & Investments Inc.
| |
|
01/31/2019
|
2 Bed
|
2 Bath
|
1426 ft²
|
$229,900
2 Bed
2 Bath
1426 ft²
|
-
-
|
-
| |
|
11/23/2019
|
2 Bed
|
2 Bath
|
1586 ft²
|
$249,000
2 Bed
2 Bath
1586 ft²
|
-
-
|
-
| |
|
01/10/2017
|
2 Bed
|
2 Bath
|
1300 ft²
|
$198,000
2 Bed
2 Bath
1300 ft²
|
$188,000
-5.05%
03/01/2017
|
Marcia Lehmann
Charles Rutenberg Realty of IL
| |
|
08/29/2016
|
2 Bed
|
2 Bath
|
-
|
$190,000
2 Bed
2 Bath
|
$195,000
+2.63%
06/15/2017
|
Natalia Grebenschikov
Coldwell Banker Realty
| |
|
03/05/2008
|
2 Bed
|
2 Bath
|
1425 ft²
|
$219,900
2 Bed
2 Bath
1425 ft²
|
$199,000
-9.50%
03/07/2008
|
Ayoub Rabah
Coldwell Banker Realty
| |
|
06/08/2007
|
2 Bed
|
2 Bath
|
-
|
$262,900
2 Bed
2 Bath
|
$246,500
-6.24%
09/04/2007
|
Nona Lisitza
RE/MAX United
|
Building Info
About Wheeling
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Listed by: Urszula Topolewicz, United Real Estate Elite
Last Updated: 3 years ago
Data Source: MRED, MLS# 12088025
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# 12088025
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