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    409 Inland Drive

    Wheeling, IL 60090
    • $697,000
    • STATUS: Active Under Contract
    • ON SITE: 114 days
    • MLS #: 11047215
    Under Contract
    UPDATED: 15 min ago
    $697,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1981
    County:
    Area:

    School Ratings & Info

    Description

    Solid investment opportunity in a great area and in excellent condition. Six flat brick building - three spacious two bedroom apartment and three spacious one bedroom apartment. Rehabbed in 2018 - new roof and windows, new doors including new balcony doors, new kitchen cabinets, counter-tops and new abt electric appliances, high quality engineered hardwood floors in each apartment, new carpet on the hallways, new paint, and much much more,.. Additional income from coin laundry located on the lower level Individual electric heating system for each unit - tenants pay electric, building is fully occupied by long term tenants. Association includes snow removal, lawn care, parking lots maintenance, and trash service. Separate tax pin number and tax bill for each apartment that can be easily converted back to one property tax pin number. Property taxes can be easily appealed. Don't miss your opportunity to build solid rental income.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-08-01T10:52:54.087 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    409 Inland Drive Wheeling, IL 60090

    • Price: $697,000
    • Status: Active Under Contract
    • Updated: 15 min ago
    • MLS #: 11047215
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1981
    Built
    Neighborhood:
    Wheeling
    County:
    Cook
    Area:
    Wheeling
    Property Description
    Solid investment opportunity in a great area and in excellent condition. Six flat brick building - three spacious two bedroom apartment and three spacious one bedroom apartment. Rehabbed in 2018 - new roof and windows, new doors including new balcony doors, new kitchen cabinets, counter-tops and new abt electric appliances, high quality engineered hardwood floors in each apartment, new carpet on the hallways, new paint, and much much more,.. Additional income from coin laundry located on the lower level Individual electric heating system for each unit - tenants pay electric, building is fully occupied by long term tenants. Association includes snow removal, lawn care, parking lots maintenance, and trash service. Separate tax pin number and tax bill for each apartment that can be easily converted back to one property tax pin number. Property taxes can be easily appealed. Don't miss your opportunity to build solid rental income.
    Exterior Features

    Outdoor Parking 6-12 Spaces Parking Total 12

    Interior Features

    Cooling Window Unit(S) Electric Separate Meters Heat Ventilation Electric Number Of Bedrooms Type5 2 Number Of Bedrooms Type6 2 Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 1 Number Of Bedrooms Unit4 2 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Full Bathrooms Type4 1 Number Of Full Bathrooms Type5 1 Number Of Full Bathrooms Type6 1 Number Of Rooms Unit Five 5 Number Of Rooms Unit Four 5 Number Of Rooms Unit Six 5 Number Of Rooms Unit1 4 Number Of Rooms Unit2 4 Number Of Rooms Unit3 4 Number Of Rooms Unit7 0 Number Of Units Apt Type1 1 Number Of Units Apt Type2 1 Number Of Units Apt Type3 1 Number Of Units Apt Type4 1 Number Of Units Apt Type5 1 Number Of Units Apt Type6 1 Number Of Units Apt Type7 0

    Property Features

    Additional Parcels YN Yes Built Before1978 YN No Electric Expense 480 Exterior Building Type Brick Fuel Expense 840 Gross Income 78000 Gross Scheduled Income 82740 Insurance Expense 2400 Janitor Expense 0 Lot Size Dimensions 45X65 Maintenance Expense 0 Monthly Income Max1 1000 Monthly Income Max2 1000 Monthly Income Max3 1000 Monthly Income Max4 1200 Monthly Income Max5 1200 Monthly Income Max6 1200 Operating Expense 36068 Other Expense 480 Tax Annual Amount 22268 Tax Year 2019 Tenant Pays Electricity Total Monthly Income 6895 Trash Expense 0 Type Multi Family Corridor-Interior Entrance Water Sewer Expense 4800 Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Redco, Inc..


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-08-01T10:52:54.087 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Schoon Family Group with Keller Williams Elite
    4544 W 103rd St, Third Floor
    Oak Lawn IL, 60453