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Sold for $290,000
    • $290,000

    827 N Cedar Lake Rd, Round Lake, IL 60073

    4beds
    1,468sqft
    MultiFamily
    Built in 1938
    -- sqft lot
    $292,600 Zestimate®
    $198/sqft
    $2,015 Estimated rent

    Home value

    $292,600

    $266,000 - $319,000

    $2,015/mo

    Zestimate® history
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    What's special

    SECTION 8 APPROVED and fully rented. INVESTORS take note of CASH FLOW. Current rents are $1,800 COMBINED. LOW TAXES. 12+ Cap Rate. 222 Park unit is in good condition, 827 Cedar Lake is OK but sold "AS-IS". BOTH UNITS; ONE PIN #. Legal non-conforming property. 827 Tenant is MTM with 222 Park tenant on yearly lease. Both have been solid tenants. Bathrooms in both units have been updated.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Forced air, Gas
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Crawl
    Interior area
    • Total interior livable area: 1,468 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 4,791 Square Feet
    Details
    • Parcel number: 0620402022

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1938

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $250 monthly
    Location
    • Region: Round Lake

    Financial & listing details

    • Price per square foot: $198/sqft
    • Tax assessed value: $146,400
    • Annual tax amount: $4,873

    Price history

    DateEventPrice
    7/29/2026Sold$290,000+197.4%$198/sqft
    Source: Public Record Report a problem
    8/13/2024Listing removed--
    Source: MRED as distributed by MLS GRID #12124582 Report a problem
    7/31/2024Listed for rent$2,000+11.1%$1/sqft
    Source: MRED as distributed by MLS GRID #12124582 Report a problem
    10/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/14/2023Listed for rent$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    1/25/2019Sold$97,500-22%$66/sqft
    Source: MRED as distributed by MLS GRID #10111878 Report a problem
    12/24/2018Pending sale$125,000$85/sqft
    Source: Baird & Warner #10111878 Report a problem
    10/15/2018Listed for sale$125,000+16.3%$85/sqft
    Source: Baird & Warner #10111878 Report a problem
    6/22/2017Listing removed$107,500$73/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09312295 Report a problem
    5/12/2017Pending sale$107,500$73/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09312295 Report a problem
    5/8/2017Listed for sale$107,500$73/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09312295 Report a problem
    5/4/2017Pending sale$107,500$73/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09312295 Report a problem
    5/2/2017Price change$107,500-1.4%$73/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09312295 Report a problem
    2/8/2017Price change$109,000-9.2%$74/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09312295 Report a problem
    8/29/2016Price change$119,999-11.1%$82/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09312295 Report a problem
    8/10/2016Listed for sale$135,000$92/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09312295 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,873 +13%$54,040 +10.7%
    2023$4,314 +7%$48,795 +14.4%
    2022$4,033 -5.9%$42,651 +9.2%
    2021$4,284 +4%$39,066 +9.3%
    2020$4,119 +4.3%$35,727 +6.2%
    2019$3,951 +2.3%$33,640 +15.1%
    2018$3,863 $29,228 +6.3%
    2017$3,863 +4.4%$27,493 +8.3%
    2016$3,700 -12.8%$25,379 +9.5%
    2015$4,242 +1.1%$23,185 -14.8%
    2014$4,195 +1.7%$27,216 -4.2%
    2012$4,127 +3.6%$28,424 -18.8%
    2011$3,982 -3%$34,990 -16.5%
    2010$4,106 +5.1%$41,892 -5%
    2009$3,905 +5.9%$44,097 +3.8%
    2008$3,686 +3.8%$42,494 +8.1%
    2006$3,550 +7.7%$39,314
    2005$3,298 +27.6%--
    2004$2,585 -4.4%--
    2003$2,703 -11.6%--
    2002$3,058 +10.7%--
    2001$2,763 +2.2%$32,488 +1.8%
    2000$2,703 $31,923
    Find assessor info on the county website

    Neighborhood: 60073

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Village Elementary School
    • Middle: JOHN T MAGEE MIDDLE SCHOOL
    • High: Round Lake Senior High School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $292,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $292,600

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