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$1,900,000   Price Analysis
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1627 Woodbine Dr
Round Lake Beach, IL 60073
Unknown bed 2 bath unknown SqFt ($0/SqFt)
5,227SqFt lot. Built 1972
Listed 2023-12-27, Taxes $9,330
Ⓧ USDA Ineligible
due to price & location

near Round Lake Beach

Investors Income Producer!

This property is centered in down town Round Lake Beach. Walking distance to everything for tenants means the building remains fully occupied. Brand new Boiler, new heat, newer Roof and New Paint throughout. Multipl COMMERCIAL lots available in this purchase: 3 vacant lots as follows PIN 0617407002 $1, 100 (known as 11W Rollins) + PIN 0617407003 $1, 100.00 (known as 9W Rollins) + PIN 0617407004 $1, 100.00 (Known as 7W Rollins) The potential for additional income is huge, add onto current building or create another income generator by adding storage units on site.

Investors Income Producer! This property is centered in down town Round Lake Beach. Walking distance to everything for tenants means the building remains fully occupied. Brand new Boiler, new heat, newer Roof and New Paint throughout. Multipl COMMERCIAL lots available in this purchase: 3 vacant lots as follows PIN 0617407002 $1, 100 (known as 11W Rollins) + PIN 0617407003 $1, 100.00 (known as 9W Rollins) + PIN 0617407004 $1, 100.00 (Known as 7W Rollins) The potential for additional income is huge, add onto current building or create another income generator by adding storage units on site.


Presented by Heather Bautista at
Berkshire Hathaway HomeServices Chicago - Libertyville Office.
Listing Agent Photo

Property MLS #11866526 from MRED

Full Bathrooms: 2

Lot Size Acres: 0.12
Lot Size Dimensions: 120X45X120X45
Lot Size Square Feet: 5227

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 11
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
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: 1
Total Rooms in Unit-2: 2

Tenant Pays: Electricity

Annual Tax Amount: 16500.00
Source Listing Status: Active
County: Lake
Directions: Route 83 to Rollins Road west to Woodbine drive.
Tax Year: 2022
Source Property Type: Multi-Family
Parcel Number: 06174070010000
Property Subtype: Multi Family 5+
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$74,715 + $9,723
$84,438
$9,330
2019$68,204 + $8,876
$77,080
$8,737
2018$62,550 + $14,751
$77,301
$10,227
2017$58,837 + $13,875
$72,712
$9,962
2016$54,313 + $12,808
$67,121
$9,588
2015$49,619 + $11,701
$61,320
$9,463
2014$49,619 + $11,701
$61,320
$15,218
2013$90,016 + $11,756
$101,772
$15,040
2012$101,447 + $13,249
$114,696
$14,799
2011$115,728 + $15,114
$130,842
$14,254
2010$110,989 + $14,495
$125,484
$11,716
2009$116,830 + $15,258
$132,088
$11,268
2008$115,811 + $15,125
$130,936
$10,969
2007$110,265 + $14,401
$124,666
$10,372
2006$118,570 + $4,463
$123,033
$10,728

Price Changed 2024-05-06
$1,900,000
MRED
Price Changed 2024-03-13
$2,159,000
MRED
Price Changed 2024-02-23
$1,795,000
MRED
Listed 2023-12-27
$1,650,000
MRED
Listing removed 2022-03-04
$0
MRED
Listing removed 2022-02-16
$1,499,000
MRED
Listed 2022-02-16
$1,399,000
MRED
Price Changed 2022-01-11
$1,499,000
MRED
Price Changed 2021-09-30
$2,090,000
MRED
Listed 2021-09-28
$1,900,000
MRED

Net Operating Income: 101846

Year Built: 1972
Property Age: 52
Levels or Stories: 3

Round Lake Beach Elementary School is a public elementary school located approximately 0.3 miles away.
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Round Lake Middle School is a public middle school located approximately 1.1 miles away.
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Round Lake Senior High School is a public high school located approximately 1.2 miles away.
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First Steps Nursery School is a private elementary school located approximately 1.1 miles away.
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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.