Off market

Zestimate^®

$290,300

827 N Cedar Lake Rd, Round Lake, IL 60073

4beds

1,468sqft

MultiFamily

Built in 1938

-- sqft lot

$290,300 Zestimate^®

$198/sqft

$2,052 Estimated rent

Home value

$290,300

$267,000 - $316,000

$2,052/mo

Zestimate^® history

Owner options

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$2,052/mo

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$2,052/mo

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$2,467/mo

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$2,467/mo

Est. payment

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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.

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

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

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

Public tax history

Year	Property taxes	Tax 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