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625 W Dundee Rd
Wheeling, IL 60090
Asking Price
$1.80M
Asset Type
Commercial Land
Class
Class B
What's Special
Prime 3.2-Acre TIF-Backed Development Opportunity | Wheeling, IL <p>Zoned MXT</p><p>Transit-oriented location</p><p>Town Center growth corridor</p><p>High-density mixed-use development</p><p>Planned Unit Development (PUD) eligible</p><p>High visibility with strong traffic counts</p><p>Surrounded by new multifamily and retail development</p><p>Environmental diligence complete</p><p>Illinois EPA No Further Remediation (NFR) letter</p><p>All environmental reports available from seller</p><p>Located in a TIF district with potential financial incentives</p>
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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015