822 Colonial Drive #B
About This Property
The manager has listed the unit size as 1881 square feet.
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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%.
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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 30, 2026 | Sold | ||
| Sold | |||
| Apr 11, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Price Decreased |
$275,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Feb 20, 2026 | Listed | $280,000 | |
| Listed | |||
| | |||
|
Move in now to this spacious, low-maintenance 3-bed, 1-1/2 bath townhome. Recent updates include refrigerator, furnace, water heater, and central ac. The main level offers an open, ceramic-tiled eat-in kitchen with stainless steel appliances and access to your private patio & yard for summer grilling and gardening enjoyment. The kitchen/living/dining has ample light. All three bedrooms and the upstairs hallway feature 3-yr old dark stained wood floors and spacious closets. The primary bedroom will comfortably handle a king-sized bed. The finished ceramic-tiled basement provides flexible space for a family room, office, or potential fourth bedroom along with a separate laundry room with amazing storage and sump pump for flood control. The association is just $95 per month, which includes lawn care, snow removal, and scavenger service. Located near shopping, schools, and transportation. Located within the boundaries of the highly-rated Eugene Field Elementary, Jack London Middle School and Buffalo Grove High School. One assigned parking space plus ample guest parking. Association rules say no rentals and one pet allowed.
| |||
| Sep 5, 2023 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/20/2026
|
3 Bed
|
1 Bath
|
1620 ft²
|
$280,000
3 Bed
1 Bath
1620 ft²
|
$265,000
-5.36%
04/30/2026
|
Eric Marcus
Keller Williams ONEChicago
| |
|
07/15/2023
|
3 Bed
|
2 Bath
|
1160 ft²
|
$199,000
3 Bed
2 Bath
1160 ft²
|
$215,000
+8.04%
09/05/2023
|
Andee Hausman
Compass
| |
|
10/11/2020
|
3 Bed
|
2 Bath
|
1160 ft²
|
$179,000
3 Bed
2 Bath
1160 ft²
|
-
-
|
-
| |
|
05/23/2019
|
3 Bed
|
2 Bath
|
1881 ft²
|
$160,000
3 Bed
2 Bath
1881 ft²
|
-
-
|
-
| |
|
11/03/2006
|
3 Bed
|
2 Bath
|
-
|
$189,900
3 Bed
2 Bath
|
$184,000
-3.11%
04/16/2007
|
Yuri Granovsky
Barr Agency, Inc
|
Building Info
About Wheeling
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017