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Round Lake Beach 60073 Round Lake Beach-Hillwood
1012 Lotus Drive
$225,000
● House - Off Market

1012 Lotus Drive

Round Lake Beach, IL 60073
bedrooms
4 Beds
bathrooms
1 Bath
square feet
925 Ft²
$219,181
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome to your new home! This inviting 4-bedroom raised ranch is nestled on a sprawling 60-foot corner lot, offering a perfect blend of comfort, style, and ample space, complete with a finished basement and a fenced yard. Located in a peaceful neighborhood within walking distance of both the school and Metra station, this property is designed to cater to your family's every need.
Unit Size
925 Ft²
Days on Market
-
Land Size
-
Price per sqft
$238
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11888452)

Price History

Date / Event Date Event Price
Oct 27, 2023 Sold
Premium
Sold
Sep 22, 2023 Listed by RE/MAX American Dream $219,999
Listed by RE/MAX American Dream

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,464
  • Total Building Area: 925
  • Gross Building Area: 925
  • Building Area: 925
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 925
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROUND LAKE BEACH HILLWOOD ADDN
  • Land Acres: 0000000148
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ROUND LAKE BEACH HILLWOOD ADDN UNIT 2 LOT 16 BLOCK 367

Neighborhood

  • School District Name: Round Lake Community Unit School District 116
  • Census Tract: 861304

Geography

  • Assessors Map Reference: 2474-D7
  • District: AVON
  • Parcel: 06-19-227-028
  • Block: 367
  • Lot: 16
  • Municipality: TWP OF AVON
  • Latitude: 42.3671
  • Longitude: -88.1026

    Address

  • Full Address: 1012 Lotus Dr
  • Legal Unit: 2
  • Address - House Number: 1012
  • Address - Street Name: Lotus
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Round Lake Beach
  • Carrier Code: C012
  • 4-Digit Zip Code: 2478
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $515,342
  • Tax Rate Code Area: 7006

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 224,519
  • High Value: 262,570
  • Low Value: 186,468

    Market Valuation

  • Market Total Value: $174,963
  • Market Land Value: $27,519
  • Market Improvement Value: $147,444

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,315
  • Assessed Land Value: $9,172
  • Assessed Improvements Value: $49,143

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Nov 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8004415
  • Previous Sale Recording Date: Sep 01, 2006
  • Previous Sale Contract Date: Jul 28, 2006
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Round Lake Beach-Hillwood

Stats & Trends

Median Asking:

$279,000

Sale Price/ft²

$217

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1419 ft²

Average Home Age

55.4 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 297 E Lakeview Avenue, Round Lake Beach, IL, 60073

$3,850 /mo

  • 4 Beds
  • 2 Baths
  • 2,282 ft²
297 E Lakeview Avenue, Round Lake Beach, IL, 60073 Listing by Rachael West

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Luigui Corral, RE/MAX American Dream
Last Updated: 3 years ago
Data Source: MRED, MLS# 11888452
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1012 Lotus Drive built and last sold?
The property at 1012 Lotus Drive was built in 1973 and last sold on Oct 27, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 1012 Lotus Drive is $0.
What are some comparable homes to 1012 Lotus Drive?
There are currently no comparable homes to 1012 Lotus Drive.
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