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Wheeling 60090
771 Eastchester Road
$365,000
● House - Off Market

771 Eastchester Road

Wheeling, IL 60090
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,610 Ft²
$398,809
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Home available in desirable Eastchester Subdivision! 4 Beds 2.1 Baths, Full Unfinished Basement. The main level offers a 2-story foyer, dining room, two living areas, fireplace, kitchen with an eating area and first floor laundry room. The second floor has all 4 bedrooms--the primary bedroom has a walk-in closet and primary bathroom, and there is a separate 2nd full bathroom on the second floor, as well. The backyard is fenced in with trees lining the back of the yard, and has a concrete patio for outdoor seating. This home offers a lot of room and is a great opportunity for a buyer to make it their own from top to bottom. Newer roof and water heater.
Unit Size
2,610 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$153
Property Type
House
Property Taxes
$633
HOA Dues
$10
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11776170)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
May 4, 2023 Listed by Coldwell Banker Realty $399,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,610
  • Gross Building Area: 2,610
  • Building Area: 2,610
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,610
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EASTCHESTER OF WHEELING
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (EASTCHESTER) OF (WHEELING) BNG A SUB OF PT OF THE EH OF THE SW SE SEC 10-42-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802504

Geography

  • District: 38
  • Parcel: 03-10-411-003-0000
  • Lot: 3
  • Meridian: SEC 10 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1249
  • Longitude: -87.9322

    Address

  • Full Address: 771 Eastchester Rd
  • Address - House Number: 771
  • Address - Street Name: Eastchester
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wheeling
  • Carrier Code: C001
  • 4-Digit Zip Code: 7311
  • Zip Code: 60090

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,081,700
  • Tax Rate Code Area: 38055

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 456,166
  • High Value: 560,876
  • Low Value: 351,455

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $85,800
  • Market Improvement Value: $314,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $8,580
  • Assessed Improvements Value: $31,420

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Jul 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8091
  • Previous Sale Recording Date: Aug 18, 1998
  • Previous Sale Contract Date: Jul 30, 1998
  • Previous Sale Amount: $246,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wheeling

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1367 ft²

Average Home Age

47.5 years

Currently For Sale

56 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 936 Jenkins Court, Wheeling, IL, 60090

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,917 ft²
936 Jenkins Court, Wheeling, IL, 60090 Listing by Radoslaw Marzol

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Megan Farmer, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11776170
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.

Frequently Asked Questions

When was property at 771 Eastchester Road built and last sold?
The property at 771 Eastchester Road was built in 1987 and last sold on Jul 10, 2023 for $365,000.
How much is this home worth?
The estimated value of the home located at 771 Eastchester Road is $414,236.
What are some comparable homes to 771 Eastchester Road?
There are currently no comparable homes to 771 Eastchester Road.
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