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Wheeling 60090
919 Vera Lane
$340,000
● House - Off Market

919 Vera Lane

WHEELING, IL 60090
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,929 Ft²
$555,254
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Beautifully remodeled single family home in move in ready condition! This home has it all!  Large updated kitchen with new flooring, granite countertops and stainless steel appliance!   New bathrooms, carpet and hardwood all throughout and freshly painted with white trim!  All rooms are open, spacious and inviting! Home has 2 car attached garage, large brick patio with fire pit - on over a half an acre lot- Perfect for entertaining! Desirable location!!  Wheeling High is just steps away and not far from parks, shopping, dining and interstate!
Unit Size
1,929 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$184
Property Type
House
Property Taxes
$805
HOA Dues
-
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 #09810709)

Price History

Date / Event Date Event Price
Feb 22, 2018 Sold
Premium
Sold
Dec 1, 2017 Listed by Grandview Realty, LLC $354,900
Listed by Grandview Realty, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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: 26,702
  • Total Building Area: 1,929
  • Gross Building Area: 1,929
  • Building Area: 1,929
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,929
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDERSONS SUBDIVISION
  • Land Acres: 0000000613
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07

Neighborhood

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

Geography

  • District: 38
  • Parcel: 03-10-301-009-0000
  • Meridian: SEC 10 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1284
  • Longitude: -87.9407

    Address

  • Full Address: 919 Vera Ln
  • Address - House Number: 919
  • Address - Street Name: Vera
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wheeling
  • Carrier Code: C046
  • 4-Digit Zip Code: 4529
  • Zip Code: 60090

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $953,850
  • Tax Rate Code Area: 38055

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 456,889
  • High Value: 560,656
  • Low Value: 353,122

    Market Valuation

  • Market Total Value: $360,010
  • Market Land Value: $106,810
  • Market Improvement Value: $253,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,001
  • Assessed Land Value: $10,681
  • Assessed Improvements Value: $25,320

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2031762035
  • Previous Sale Recording Date: Mar 01, 2018
  • Previous Sale Contract Date: Feb 08, 2018
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$324,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1445 ft²

Average Home Age

47.5 years

Currently For Sale

63 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 250 Mchenry Road, IL, 60089

$4,088 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
250 Mchenry Road #C1, IL, 60089 Listing by Sherry Mustafov
Unit for rent at 700 N Maple Street, Prospect Heights, IL, 60070

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 4,400 ft²
700 N Maple Street, Prospect Heights, IL, 60070 Listing by Carolyn Goodman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Lobrillo, Grandview Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 09810709
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 919 Vera Lane built and last sold?
The property at 919 Vera Lane was built in 1976 and last sold on Sep 24, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 919 Vera Lane is $362,341.
What are some comparable homes to 919 Vera Lane?
There are currently no comparable homes to 919 Vera Lane.
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