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$275,000
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Property Description
We are pleased to present an exceptional opportunity to acquire a prime piece of real estate located at 268 7th St, Wheeling. This parcel of land is not only strategically situated in a growing area but also comes with an approved project that is permit-ready for immediate development. The property is located in Wheeling, a vibrant community known for its accessibility and amenities. With its walking distance to the newly developed downtown area the site benefits from proximity to local schools, parks, shopping centers, and public transportation options, making it an attractive location for potential residents. This sale includes plans for a 6-unit residential building, designed to meet the needs of modern living while maximizing the use of space. The project has been thoroughly vetted and approved by local authorities, ensuring compliance with zoning regulations and building codes. The new owner can commence with construction permits immediately upon purchase. This eliminates the typical delays associated with obtaining approvals and allows for a faster return on investment. Given the increasing demand for housing in Wheeling, this property presents a lucrative investment opportunity. The planned 6-unit building is poised to attract renters looking for quality living spaces in a desirable neighborhood. This land at 268 7th St represents an outstanding chance to invest in a ready-to-build project in Wheeling. With its approved plans and permits in place, you can hit the ground running on your development goals. Don't miss out on this rare opportunity to secure a valuable asset in a thriving community.
Full Property Details
Full Property Details for 268 7th St
General
- Sold For: $275,000
- Taxes: $2,544 (2023)
- Status: Closed
- Type: Lots/Land
- Source: MRED
- MLS ID: 12491662
- Added to Site: 98 day(s) ago
Additional Information
- Other Features: School Bus Service
Location
- Area: Wheeling
- County: Cook
- Driving Directions: Northgate North of Dundee to Strong St, East to 7th st, right to vacant lot
- Location Details: In City Limits
School Information
- School District: 21
- Midd School District: 21
Utilities
- Onsite: Other
Structural Information
- Basement Desc.: None
- Square Feet: 0.3
- Current Bldg. Use: Multi-Family
Lot Features
- Lot Size (Acres): 0.3
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 100 x 132
- Frontage: City Street
- Frontage Feet: 100
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $2,544
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 3023130060000
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Schools
Schools serving 268 7th St
School Districts:Wheeling Community Consolidated School District 21, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Eugene Field Elementary School, Wheeling, IL 51 Saint Armand Lane, Wheeling, IL 60090 | PK-5 | 1.3 mi |
Jack London Middle School 1001 West Dundee Road, Wheeling, IL 60090 | 6-8 | 1.2 mi |
Wheeling High School 900 South Elmhurst Road, Wheeling, IL 60090 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 268 7th St
Date
Details
Price
Change
Source
12/23/2025
Sold
$275,000
-8.3%
MLS
10/08/2025
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
268 7th Street, Wheeling, IL 60090 (MLS# 12491662) is a Lots/Land property that was sold at $275,000 on December 23, 2025. This property was listed by Galya Georgieva Team from our The Groves Office.Want to learn more about 268 7th Street? Do you have questions about finding other Lots/Land real estate for sale in Wheeling? You can browse all Wheeling real estate or contact a Coldwell Banker agent to request more information.


