286 8th Street, Wheeling, IL 60090 is now new to the market!

by Cecilia Kleiner 04/28/2021

286 8th Street, Wheeling, IL 60090
Commercial
$749,000
286 8th Street
Wheeling, IL 60090
Courtesy of @properties Christie's International Real Estate
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID
Est. Mortgage
$3,966/mo

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!

Learn more about this property
About the Author
Author

Cecilia Kleiner

Your Trusted Resource for Real Estate

@properties shares my commitment to offering the most comprehensive and professional marketing, sophisticated technology, and expert market knowledge, supporting the highest standards of service and representation you expect and deserve. With local leadership and national and international reach, I bring results to clients wherever their buying and selling goals take them. I'd love to assist you. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.  

I appreciate and welcome your inquiry, real estate need, or referral!