Rare find in Wheeling! All brick, well maintained, low maintenance 3-story 6-unit investment property consisting of three two-bedroom apartments. Ground level apartments demand higher rent due to large finished basements for additional living space. All units similar in style and condition. 100% occupied with many of the tenants being long term. Always in demand. 14 outside parking spaces and owned laundry facility for additional income. Great investment opportunity: perfect starter investment or add to existing portfolio. Turn key. Fantastic buy with great cash flow! Value add opportunity: self-managed off-site for several years.
Multi-familyProperty Type
1981Year Built
0.33 acresLot Size
$97Price/Sq.Ft.
14 spacesParking
Listed by James Chipain• Realty Executives Elite
Bought with June McCrory• Berkshire Hathaway HomeServices Chicago
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
11
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
—
Sq. Ft.
6,300
Year built
1980
Style
Multi-Family (5+ Unit)
County
Cook County
APN
03152050220000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 15, 2026.
R-4
Multiple-Family Residential District
The R-4 Multiple-family District is established to stabilize and conserve existing neighborhoods that predominantly consist of multiple-family dwellings built at moderate to high density. These districts are also intended to promote the development of comparable new areas in order to accommodate persons desiring this type of residential environment. Developments in the R-4 Multiple-Family District are required to have site plan approval in accordance with Chapter 19- 12.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Property details
Parking
Parking Information
# of Parking (Total): 14
Outdoor Parking: 13-18 Spaces
Interior
Equipment
# Of Ranges: 6
Unit Type 1 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 4
Monthly Income: $930
Unit Type 2 Information
# of Rooms: 6
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 2
Monthly Income: $1,230
Exterior
Building Information
# of Units: 6
Exterior Building Type: Brick
Built Before 1978 (Y/N): No
Roof: Composition
Construction Materials: Brick
Property Information
Property Type: Multi Family 5+
Parcel Number: 03152050220000
Lot Information
Dimensions: 14,346
Frontage Type: City Street
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $17,466.80
Tax Year: 2015
Financial Information
Finance Code: 3-6 Years
Gross Rent Multiplier: 8.5
Total Monthly Income: $6,340
Gross Income: $76,080
Utilities
Utility Information
Electric: Circuit Breakers
Heating & Cooling
Heat/Ventilation: Central Bldg Heat
Cooling: Window Unit(s)
Location
Location Information
Township: WHEELING
Directions: From Palatine Road, Head north on Elmhurst Rd. Turn east on Prospect Dr. and then north on Maple Lan
Public facts
Beds: 11
Baths: 6.0
Sq. Ft.: 6,300
Stories: 3.0
Lot Size: 0.33 acres
Style: Multi-Family (5+ Unit)
Year Built: 1980
Year Renovated: —
County: Cook County
APN: 03152050220000
Home facts updated by county records on Sep 15, 2026
Other
Expense Information
Water Sewer Expense: $2,488
Water Expense Source: Owner Projection
Electric Expense: $460
Trash Expense: $499
Insurance Expense: $2,737
Listing Information
Possession: Closing
Around this home
Schools
Dwight D Eisenhower Elementary School
Public PreK-1 • Assigned • 1.2mi
Macarthur Middle School
Public 6-8 • Assigned • 1.2mi
9/10
Wheeling High School
Public 9-12 • Assigned • 0.1mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Wheeling, IL • 60090
Average low and high temperatures (°F)
30
15
38
21
54
33
62
42
68
48
81
62
86
68
81
64
78
58
67
48
50
37
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.