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199 Milwaukee Ave

Wheeling, IL 60090

2 bd 3 ba 2,744 sqft Built 1929 Lot 7,560 sqft multi_family
Most recent sale
$480,000
Oct 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 5, 2022 Sold $480,000 Public Record
Sep 27, 2022 Listing removed $495,000 MRED
Oct 27, 2021 Listed $495,000 MLS #11256815
Dec 11, 2020 Listing removed $488,000 MRED
Jun 10, 2020 Listed $488,000 MLS #10742276
Sep 16, 2014 Sold $220,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $35,000 $1,701 $36,701 $12,299
2022 $35,000 $1,701 $36,701 $11,730
2021 $33,290 $3,780 $37,070 $13,734
2020 $33,290 $3,780 $37,070 $13,377
2019 $38,732 $3,780 $42,512 $13,929
2018 $30,575 $3,213 $33,788 $12,330
2017 $30,575 $3,213 $33,788 $24,479
2016 $30,575 $3,213 $33,788 $11,272
2015 $26,227 $2,835 $29,062 $10,355
2014 $26,227 $2,835 $29,062 $10,101
2013 $26,227 $2,835 $29,062 $9,326
2012 $31,786 $3,213 $34,999 $9,174
2011 $31,786 $3,213 $34,999 $8,986
2010 $31,786 $3,213 $34,999 $8,883
2009 $35,696 $3,402 $39,098 $9,087
2008 $45,289 $5,443 $50,732 $9,336
2007 $45,289 $5,443 $50,732 $8,789
2006 $34,998 $13,910 $48,908 $9,115

Property facts

Year built
1929
Property type
multi_family
Stories
2
Beds
2
Baths
3
Living area
2,744 sqft
Lot size
7,560 sqft
ZIP code
60090
City
Wheeling
Street
Milwaukee Ave
Coordinates
42.14295, -87.90905

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,939
Gross rental yield
12.35%
Implied cap rate
8.03%
Trend-extrapolated value

Frequently asked questions

When did 199 Milwaukee Ave last sell?
199 Milwaukee Ave most recently sold on Oct 5, 2022 for $480,000.
What is the current tax assessment for 199 Milwaukee Ave?
The most recent total assessment for 199 Milwaukee Ave (year 2023) is $36,701 with $12,299 in property tax.
How does 199 Milwaukee Ave's assessment compare to its last sale price?
The current assessment is 92.4% below the last sale price of $480,000.
When was 199 Milwaukee Ave built?
199 Milwaukee Ave was built in 1929.
How does 199 Milwaukee Ave compare to others on Milwaukee Ave?
We track 8 other properties on Milwaukee Ave. Browse the list under "Other properties on Milwaukee Ave" to compare beds, baths, and sale history.
What are the property facts for 199 Milwaukee Ave?
199 Milwaukee Ave is a 2 bed, 3 bath, 2,744 sqft, 7,560 sqft lot multi_family.
Is 199 Milwaukee Ave a flip candidate?
No — 199 Milwaukee Ave does not appear in our flips dataset.
Is 199 Milwaukee Ave a tax-appeal candidate?
No — 199 Milwaukee Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.3%
2026 Q3
$329.8K
2026 Q4
$331.7K
ZIP 60090 — Median Price History + Forecast

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