$250,000 Price Analysis    ♡   Round Lake, IL 60073 6 bed 2 bath 2,015 SqFt ($124/SqFt) 0.38 acre lot. Built 1915 Listed 2024-04-29, Taxes $5,659 | Ⓧ USDA Ineligible due to location near Round Lake |
Welcome to your next investment opportunity in Round Lake!
This charming duplex situated on a large double lot offers not a home but the possibility for lucrative returns. Both units are currently occupied with tenants, presenting an excellent chance for steady rental income. Unit 2 underwent a complete rehab in 2018, ensuring modern comforts and style. As a bonus, this unit boasts the convenience of a washer and dryer, easing the tenant's daily chores. In 2023, a new water softener was installed, ensuring top-notch water quality for th residents of both units.
Each unit comes with its own 1-car garage, providing secure parking and storage space. Additionally, ample exterior parking ensures convenience for both tenants and guests. The property's location is a standout feature, offering easy access to Round Lake's amenities, including shopping and dining options. Nature enthusiasts will appreciate the proximity to forest preserves and the serene Long Lake, providing unlimited opportunities for outdoor recreation and relaxation. Whether you're a seasoned investor or a newcomer to the real estate market, this duplex presents an irresistible chance to capitalize on a prime location and a solid rental history. Don't miss out on this gem!
Presented by Jim Starwalt at
Better Homes and Gardens Real Estate Star Homes.
Property MLS #12041877 from MRED
Bedrooms Possible: 6
Full Bathrooms: 2
Patio
Above Ground Pool
Storms/Screens
Fire Pit
Lot Description: Rear of Lot
Lot Size Acres: 0.38
Lot Size Square Feet: 16553
Garage Description: Attached
Parking Total: 7
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsBedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 7
Total Rooms in Unit-2: 5
Unit-1 Square Feet: 1200
Unit-2 Square Feet: 815
Unit 1 Total Actual Rent: 1455
Unit 2 Total Actual Rent: 1425
Source Listing Status: Active
County: Lake
Directions: 134 to N Fairfield Rd north to Clinton St west to home.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Source Neighborhood: J.L. Shaws
Parcel Number: 06181100170000
Subdivision: J.L. Shaws
Township: Avon
Property Subtype: Two to Four Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $48,064 + $6,723 $54,787 | $5,659 |
| 2020 | $35,477 + $6,487 $41,964 | $4,459 |
| 2019 | $32,554 + $6,224 $38,778 | $4,199 |
| 2018 | $22,304 + $4,820 $27,124 | $3,436 |
| 2017 | $20,980 + $4,534 $25,514 | $3,319 |
| 2016 | $19,367 + $4,185 $23,552 | $3,219 |
| 2015 | $17,693 + $3,823 $21,516 | $3,176 |
| 2014 | $17,693 + $3,823 $21,516 | $1,285 |
| 2013 | $24,275 + $6,115 $30,390 | $4,306 |
| 2012 | $27,358 + $6,891 $34,249 | $4,243 |
| 2011 | $31,209 + $7,861 $39,070 | $4,093 |
| 2010 | $25,979 + $9,917 $35,896 | $3,215 |
| 2009 | $27,346 + $10,439 $37,785 | $3,075 |
| 2008 | $28,470 + $10,351 $38,821 | $2,664 |
| 2007 | $27,107 + $9,855 $36,962 | $2,540 |
| 2006 | $43,522 + $8,149 $51,671 | $3,890 |
$250,000
MRED
Sold 2019-01-30
$162,500
MRED
Listing removed 2018-12-17
$169,900
MRED
Price Changed 2018-12-03
$165,000
MRED
Listing removed 2018-11-17
$0
MRED
Listed 2018-11-16
$169,900
MRED
Price Changed 2018-10-17
$169,900
MRED
Price Changed 2018-09-26
$174,900
MRED
Listed 2018-09-07
$179,000
MRED
Sold 2017-10-10
$138,000
MRED
Relisted 2017-08-28
$145,500
MRED
Listing removed 2017-08-27
$145,500
MRED
Price Changed 2017-08-25
$145,500
MRED
Price Changed 2017-08-09
$147,500
MRED
Listed 2017-07-28
$149,500
MRED
Listing removed 2016-08-17
$149,500
MRED
Listed 2016-05-24
$149,500
MRED
Sold 2014-05-14
$43,500
MRED
Price Changed 2014-04-04
$79,700
MRED
Price Changed 2014-02-19
$79,800
MRED
Price Changed 2013-12-04
$79,900
MRED
Price Changed 2013-10-16
$83,000
MRED
Price Changed 2013-10-08
$83,100
MRED
Price Changed 2013-09-19
$83,300
MRED
Price Changed 2013-09-17
$83,400
MRED
Price Changed 2013-08-19
$83,600
MRED
Price Changed 2013-08-13
$83,700
MRED
Price Changed 2013-08-05
$83,800
MRED
Price Changed 2013-07-29
$83,900
MRED
Price Changed 2013-07-22
$84,000
MRED
Price Changed 2013-07-15
$84,100
MRED
Price Changed 2013-06-17
$84,400
MRED
Price Changed 2013-05-22
$84,700
MRED
Price Changed 2013-05-20
$84,800
MRED
Price Changed 2013-05-14
$84,900
MRED
Relisted 2013-04-05
$85,000
MRED
Listing removed 2013-03-18
$85,000
MRED
Price Changed 2013-01-23
$85,000
MRED
Price Changed 2013-01-16
$73,300
MRED
Listed 2012-12-31
$73,400
MRED
Sold 2008-06-04
$113,500
Public Record
Listing removed 2008-02-05
$143,900
MRED
Listing removed 2008-02-05
$143,900
MRED
Listed 2007-06-06
$143,900
MRED
Listed 2007-06-04
$143,900
MRED
Listing removed 2007-06-01
$179,900
MRED
Listed 2006-06-06
$179,900
MRED
Sold 2002-11-19
$143,000
Public Record
Property Age: 109
Roof: Asphalt
Water Source: Private Well, Shared Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.