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Income-Generating Multifamily with Parking
For Sale
Contact for pricing
Pending

300 7th St, Wheeling, IL 60090

Well-maintained, fully occupied multifamily property with 12+ parking spaces and straightforward utility expense structure.

Property SizeContact for details
Days on Market148

Property Features for 300 7th St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%
Listing Agency: Unique Realty LLC
Listed By: Mark Shapiro · License #IL
Source: Crexi
Added: Apr 13 Changed: Aug 27 Last Checked: Sep 7 at 11:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Unique Realty LLC

Investment Insights

Based on property information with market context.

Well-maintained multifamily property in Wheeling, IL, currently fully occupied and positioned as a good income-producing building. The offering includes 12+ parking spaces and no association fees.

Tenant utilities are structured with tenants paying electric, while the landlord covers gas, water, and trash removal. Additional expenses are described as reasonable. The building is presented as rarely available, with books to be opened to serious buyers.

For prospective buyers, this is a turnkey, occupied income property with an established rent roll and a defined utility expense split.

Key Highlights

  • Fully occupied multifamily property described as well maintained
  • 12+ on‑site parking spaces
  • Tenants pay electric; landlord pays gas, water, and trash removal

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Locksmith Storage Facility Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

975
Businesses Nearby

Demographics for 60090, IL

39,017
Population
15,960
Households
2.4
Avg Household Size
39
Median Age
40%
College-Educated
88%
High-School Grad
9.0 sq mi
ZIP Area
4,335
Density / Sq Mi
$83,449
Median Household Income
$45,436
Median Earnings
$1,578
Median Rent
$243,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Well-maintained, fully occupied multifamily property with 12+ parking spaces and straightforward utility expense structure.
Where is this multifamily property located?
The property is located at 300 7th St Wheeling, IL.
What are key features of this property?
This property features: Fully occupied multifamily property described as well maintained; 12+ on‑site parking spaces; Tenants pay electric; landlord pays gas, water, and trash removal
More about this property
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