269 7th St

Wheeling, IL 60090

$1,150,000
Price
15
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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New
New

Description

Welcome to 269 7th Street, Wheeling-an exceptional opportunity to own a well-maintained, all-brick six-unit multi-family building in a highly desirable location. This investment property features three 2-bedroom/1-bath units and three 1-bedroom/1-bath units, all currently occupied, providing immediate income. Value-add potential is a key highlight, as current rents are below market. With two month-to-month tenancies and two below-market leases approaching renewal, the next owner has the opportunity...Welcome to 269 7th Street, Wheeling-an exceptional opportunity to own a well-maintained, all-brick six-unit multi-family building in a highly desirable location. This investment property features three 2-bedroom/1-bath units and three 1-bedroom/1-bath units, all currently occupied, providing immediate income. Value-add potential is a key highlight, as current rents are below market. With two month-to-month tenancies and two below-market leases approaching renewal, the next owner has the opportunity to increase rents and make updates or enhancements at their discretion. Interiors vary in updates but all units feature durable wood laminate flooring. Additional income is generated through a coin-operated laundry in the basement. The property also offers 14 parking spaces, with a newly repaved driveway in 2025. Per owner, major mechanicals include a boiler replaced in approximately 2024, water heaters approximately 5-6 years old, and a roof approximately 10-15 years old. Ideally located in one of Wheeling's most accessible and walkable neighborhoods, on a quiet dead-end street with a mix of residential homes, including single-family properties, the building is just minutes from shopping, dining, the Wheeling Park District, and the vibrant Wheeling Town Center. It is also near the well-known Restaurant Row along Milwaukee Avenue, a historic and popular dining destination. With solid construction, strong tenancy, and clear upside potential, this property is ideal for both seasoned investors and those looking to grow their portfolio. Rare opportunity in today's low-inventory market-don't miss your chance to capitalize on this income-generating asset. Showings will be Sunday April 26th 12:00-3:00 by appointment.
  1. Listed by Carla Visoky • Berkshire Hathaway HomeServices Chicago
    P: (847)-204-6845 cvisoky@bhhschicago.com

Property Details for 269 7th Street

Area
Wheeling
Township
Wheeling
Air Conditioning Type
Wall Sleeve, Window Unit(s)
Zoning
MULTI
LISTING UPDATED: 04/22/2026 12:44 PM

Property Details for 269 7th Street

StatusNew
MLS #12623476
Days on Market1
Taxes$21,512 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Hi-Rise
Year Built1979
Lot Size0.30 AC / 13,200 SF
CountyCook County
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Location

Listing Courtesy of Berkshire Hathaway HomeServices Chicago
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Building Information for 269 7th Street

Stories3Residences6Year Built1979Building Size-Lot Size0.30 AC / 13,200 SF

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$7,584 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,791

Property Taxes

$1,793

HOA Dues

$0

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Property Information for 269 7th Street

General Information
Addtl Parking Information
  • Outdoor Parking: 13-18 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve, Window Unit(s)
  • # Of Washers: 1
  • Heat/Ventilation: Electric
  • # Of Window/Ac: 6
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • Misc Inside: Laundry Room
  • # Of Dryers: 1
  • # Of Dishwashers: 0
  • Num of Baths: 9.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Hi-Rise
  • Lot Size Source: County Records
  • Lot Dimensions: 100 x 131
  • Lot Size Square Feet: 13200.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Building Area Total: 5796
  • # Of Ranges: 6
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 25
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $500.00
  • Fuel Expense: $4,200.00
  • Gross Income: $93,000.00
  • Gross Scheduled Income: $93,000.00
  • Insurance Expense: $4,011.00
  • Maintenance Expense: $1,000.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2025
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Other Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 7750
  • Water Expense Source: Actual
  • Net Operating Income: $54,178.00
  • Operating Expense: $38,822.00
  • Other Expense: $500.00
  • Trash Expense: $1,200.00
  • Water Sewer Expense: $5,900.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 2
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 2
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 2
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 269 7th Street

DateEvent & SourcePriceAppreciation
Apr 22, 2026

Listed (Active)

MRED #12623476

$1,150,000—
Jan 28, 2004

Sold (Public Record)

Public Record #131060687

$615,000

+4.4% / yr

Oct 22, 2002

Sold (Public Record)

Public Record #102412884

$582,500—
DateEvent & SourcePrice
04/22/2026

Listed (Active)

MRED #12623476

$1,150,000
01/28/2004

Sold (Public Record)

Public Record #131060687

$615,000

+4.4% / yr

10/22/2002

Sold (Public Record)

Public Record #102412884

$582,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 269 7th Street

Taxable ValueLand$9,900Additions$52,100Total$62,000
Tax Record2023$20,779 ($1,732 / month)
Home Facts
Baths6Total Finished SqFt5,796 SqFtAbove Grade Finished SqFt5,796 SqFtStories3Lot Size13,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1980CountyCOOKAPN03-02-314-002

Schools near 269 7th Street

This home is within Wheeling Central Consolidated School District 21.
Rating
School
Type
Grades
Distance
Eugene Field Elementary School
Public - PK to 5
Jack London Middle School
Public - 6 to 8
Wheeling High School
Public - 9 to 12
Vanguard School
Public - 9 to 12
Rating
School
Distance
Eugene Field Elementary School
PublicPK to 5

Jack London Middle School
Public6 to 8

Wheeling High School
Public9 to 12

Vanguard School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 269 7th Street, Wheeling, IL 60090

269 7th Street is a multi-family home for sale in Wheeling, IL 60090. This property was listed for sale on April 22, 2026 by Berkshire Hathaway HomeServices Chicago, it's currently listed at $1,150,000. It has been on the market for a total of 1 days and was last sold on January 28, 2004. This listing's school districts are Wheeling Central Consolidated School District 21, Township Hsd 214 School District. Nearby schools include Eugene Field Elementary School, Jack London Middle School and Wheeling High School. 269 7th Street is a 15-bed, 9-bath, multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Chicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/22/2026 12:44 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.