287 8th Street Wheeling IL 60090 MLS #MRD12493592

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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.

Property Details

Price:
$1,200,000
MLS #:
MRD12493592
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
wheeling
Listed Date:
Oct 11, 2025
Year Built:
1978
WheelingWheeling

Schools

Interior

Cooling
Wall Sleeve, Window Unit(s)

Exterior

Construction Materials
Brick

Financial

Maintenance Fee
$2,259
Net Operating Income
$95,203
Tax Year
2023
Taxes
$21,114

Listing Agent & Office

Galya Georgieva
Coldwell Banker Realty

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