$77,000
●
Townhouse -
Off Market
823 MCHENRY Road #A
WHEELING, IL 60090
3 Beds
3 Baths,
1
Half Bath
900 Ft²
$116,171
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model
About This Property
REO BANK-OWNED PROPERTY WITH GREAT POTENTIAL AND WAITING FOR THE
LUCKY BUYER!! PROPERTY BOASTS NEWER UPDATES SUCH AS CERAMIC
FLOORING, NEWER WINDOWS, FORCED AIR HEATING W/COOLING, HARDWOOD
FLOORS, UPDATED BATHROOMS, AND HUGE PRIVATE YARD WITH 6' PRIVACY
FENCE!! FINISHED BASEMENT CAN ENTERTAIN THE EXTENDED FAMILY.
PRICED TO SELL QUICKLY,THIS DIAMOND IN THE ROUGH IS LOCATED
NEAR PUBLIC TRANSPORTATION, STOREFRONTS, MAJOR HIGHWAYS, AND
INTERSTATES 294 AND 94!! *Bank-owned foreclosure with an easy quick
purchase process, $1,000 or 1%, whichever is greater, min. EM
deposit w/ offer required. Subject to bank addendum.
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$79
Property Type
Townhouse
Property Taxes
$331
HOA Dues
$95
Year Built
1976
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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 #09570152)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2017 | Sold | ||
| Sold | |||
| Jun 25, 2017 | Listed by RE/MAX Countryside | $158,500 | |
| Listed by RE/MAX Countryside | |||
| | |||
|
MAINTENANCE FREE BRICK END UNIT TOWNHOME WITH A FULL PARTIALLY FINISHED BASEMENT . HOME IS FRESHLY DECORATED IN NEUTRAL COLORS T/O. BRIGHT AND SUNNY LIVING ROOM WITH A LARGE GUEST CLOSET. AWESOME, FULL OF NATURAL LIGHT KITCHEN UPDATED WITH PLENTY OF CABINETS, TABLE SPACE, CERAMIC BACKPLASH, CERAMIC FLOOR NEW STAINLESS STEEL APPLIANCES HAS A DOOR TO A VERY PRIVATE, LARGE FENCED IN YARD . BATHROOMS ARE UPDATED WITH CERAMIC FLOORS, LIGHT FIXTURES, SHOWER ENCLOSURES, VANIETIES, AND MIRRORS. HARDWOOD FLOORS ON THE ENTIRE SECOND FLOOR ARE FRESHLY REFINISHED. BEAUTIFULLY FINISHED BASEMENT HAS A LARGE RECREATION ROOM. TWO PANEL WHITE DOORS T/O. LOW ASSOCIATION FEE. EXTRA PARKING LOT. LOCATION NEAR PUBLIC TRANSPORTATION, STOREFRONTS, MAJOR HIGHWAYS, AND INTERSTATES 294 AND 94
| |||
| Apr 27, 2017 | Sold | ||
| Sold | |||
| Mar 20, 2017 | Listed by RE/MAX 10 | $71,250 | |
| Listed by RE/MAX 10 | |||
Property Highlights
Air Conditioning
Parking Available
Parking Details
Total Number of Parking: 1
Parking Features: Assigned
Interior Details
Bedrooms: 3
Bathrooms: 3
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Hardwood Floors, Laundry Hook-Up in Unit
Rooms: 6
Basement: Full
Basement Description: Finished
Exterior Details
Ownership: Fee Simple
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 03033011060000
Property Type: Residential
Year Built: 1971
No Disability Access
Special Conditions: REO/Lender Owned
Exterior Features: End Unit
Lot Features: Corner Lot
Lot Size Dimensions: PER SURVEY
Water Source: Lake Michigan
Financial Details
Tax Year: 2015
Tax Annual Amount: $3,971
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: WHEELING
Corporate Limits: WHEELING
Directions: RT83(ELMHURST)N OF DUNDEE 2 COLONIAL LEFT 2 PROPERTY
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: Lawn Care, Scavenger, Snow Removal
Association Fee: $95
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing, Immediate
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 |
|---|---|---|---|---|---|---|---|
|
11/20/2023
|
3 Bed
|
2 Bath
|
1160 ft²
|
$214,000
3 Bed
2 Bath
1160 ft²
|
$214,000
05/09/2024
|
Adriana Cuellar
Cagan's Realty, Inc.
| |
|
03/20/2017
|
3 Bed
|
3 Bath
|
900 ft²
|
$71,250
3 Bed
3 Bath
900 ft²
|
$77,000
+8.07%
04/27/2017
|
Pablo Galarza
Century 21 New Beginnings
|
Building Info
About Wheeling
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Listed by: , RE/MAX 10
Last Updated: 3 years ago
Data Source: MRED, MLS# 09570152
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# 09570152
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