Bought with Svetlana Oleinik of HomeSmart Connect
$1,200,000
$1,200,000
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287 8th Street Wheeling, IL 60090
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12493592
Year Built 1978
Annual Tax Amount $21,113
Tax Year 2023
Property Sub-Type Multi Family 5+
Property Description
Prime Investment Opportunity in the Heart of Wheeling! Welcome to 287 8th Street, a fully remodeled six-unit multifamily building ideally located in the thriving heart of Wheeling. This turn-key property features five spacious 2-bedroom units and one 1-bedroom unit, all recently renovated with modern finishes throughout. Each of the 2-bedroom units includes in-unit laundry, a highly desirable amenity that adds value and convenience for tenants. All units boast updated kitchens, bathrooms, flooring, and fixtures-ensuring low maintenance and strong tenant appeal. Recent upgrades have allowed for increased rents, making this an excellent cash-flowing asset for investors seeking stable returns in a growing market. Don't miss this rare opportunity to own a fully updated multi-unit building in one of Wheeling's most accessible and walkable neighborhoods. Whether you're looking to expand your portfolio or begin your real estate investment journey, 287 8th Street delivers both immediate income and long-term value.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Wall Sleeve, Window Unit(s)
Exterior
View Y/N true
Building
Structure Type Brick
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