Realmo Analytics

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Financial
Distress signals
Property profile

231 N Milwaukee Ave Wheeling, IL 60090

FOR SALE
Residential income homes
Property ID
US28-2629851
1,648 SF 0.14 ac lot Built 1879
Last sale Mar 2017 · $160,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value$22k
Assessed land$1k
Assessed improvement$21k
Effective rate31.96%

Value estimate

· Oct 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$5k
Operating expenses−$17k
NOI · 5.79% cap applied$28k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$166/SF
County average, outlier-cleaned · 29478 recorded sales of this use type
Observed band · Q1–Q3$99 – $235
Qualifying comparables3

Cap rate analysis

How does the asset earn?
5.79%
$28k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store9.7
Garden Center8.8
Watch Repair Shop8.7

Location

231 N Milwaukee Ave Wheeling, IL 60090
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
60 Wolf, Wheeling, IL 60090-2974 $850,000 Oct 2023 3,888 SF
322 Milwaukee, Wheeling, IL 60090-3018 $325,000 Nov 2022 3,125 SF
199 Milwaukee, Wheeling, IL 60090-3013 $480,000 Oct 2022 2,744 SF
70 Wolf, Wheeling, IL 60090-2962 $585,000 Mar 2021 3,888 SF
108 Deborah, Wheeling, IL 60090-3004 $275,000 Feb 2021 2,700 SF
582 Milwaukee, Wheeling, IL 60090-3022 $200,000 Jan 2021 3,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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