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286 8th ST Wheeling, IL 60090
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Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11067834
Year Built 1978
Annual Tax Amount $21,800
Tax Year 2019
Lot Size 0.300 Acres
Property Sub-Type Multi Family 5+
Property Description
Wait until you see this amazing investment opportunity! You can own a beautiful, profitable and well-maintained, 6-unit, brick building in the highly sought-after suburb of Wheeling. The building consists of 5-2 bedroom units and 1-1 bedroom unit. Each condo has its own pin number giving opportunities to sell the building as a whole or to sell individual units....lots of flexibility in this great building! Yet another benefit of this terrific building is having countless updates! There was a total gut-rehab in 2008 with lovely, high-quality finishes. Way too many updates to list including new windows, walls, doors, engineered wood floors, euro style kitchens, dishwashers, garbage disposals, new bathrooms...WOW! Each unit has an updated, eat-in kitchen, with gorgeous granite counters, oak cabinets, and stainless appliances including gas stove/oven, dishwasher, and microwave. Each unit also boasts a spacious living room with large picture window and gleaming hardwood flooring. There are 2 assigned parking spaces with each unit making a total of 12 spaces plus ample guest parking too. Yet more updates include new boiler in 2012 and new water heater in 2014. There is coin laundry which not only adds convenience for the tenants plus provides additional income for the lucky owner. The building is now rented to full-capacity including some long-term tenants. Definitely potential for even higher rental prices going forward. Award-winning District 21/214 schools. Ideal location near Metra train, 94/294, parks, forest preserves, shopping, restaurant row on Milwaukee, fitness centers, Wheeling Aquatic Center, and much more! Better hurry....terrific, money-making opportunities like this one don't come often!
Location
State IL
County Cook
Area Wheeling
Interior
Cooling Window Unit(s)
Exterior
Roof Type Composition
Building
Structure Type Brick
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Bought with Joel Perez of RE/MAX United
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