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Round Lake 60073 Valley Lakes
2009 Heron View Way
$239,900
● House - Off Market

2009 Heron View Way

Round Lake, IL 60073
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,604 Ft²
$246,807
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

2-Story Home Across the Street from the Park!!  Features Full, Finished Basement.  4th Bedroom or Office Plus Rec Space.  1-Full Bathroom on 2nd Level and 1/2-Bath on Main Level.  Large Kitchen, Opens to Living Room with Table Space.  Fireplace.  High Ceilings.  2-Car Attached Garage.  Lots of Potential.  Needs Some TLC.  Not Included:  W/D
Unit Size
1,604 Ft²
Days on Market
-
Land Size
-
Price per sqft
$153
Property Type
House
Property Taxes
$538
HOA Dues
$31
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11319944)

Price History

Date / Event Date Event Price
May 16, 2022 Sold
Premium
Sold
Feb 8, 2022 Listed by eXp Realty, LLC $244,900
Listed by eXp Realty, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 894
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,918
  • Gross Building Area: 2,918
  • Building Area: 1,604
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,604
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALLEY LAKES PLANNED UNIT DEVELOPMENT NE
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VALLEY LAKES PLANNED UNIT DEVELOPMENT NEIGHBORHOOD 8; LOT 98

Neighborhood

  • School District Name: Big Hollow School District 38
  • Census Tract: 860906

Geography

  • Assessors Map Reference: 2531-A2
  • District: GRANT
  • Parcel: 05-25-207-001
  • Lot: 98
  • Municipality: TWP OF GRANT
  • Latitude: 42.3535
  • Longitude: -88.1301

    Address

  • Full Address: 2009 Heron View Way
  • Legal Unit: D
  • Address - House Number: 2009
  • Address - Street Name: Heron View
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Round Lake
  • Carrier Code: R005
  • 4-Digit Zip Code: 8105
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $688,656
  • Tax Rate Code Area: 6072

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 284,370
  • High Value: 336,620
  • Low Value: 232,121

    Market Valuation

  • Market Total Value: $239,901
  • Market Land Value: $37,972
  • Market Improvement Value: $201,929

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,959
  • Assessed Land Value: $12,656
  • Assessed Improvements Value: $67,303

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7906526
  • Previous Sale Recording Date: Jun 05, 2001
  • Previous Sale Contract Date: Apr 18, 2001
  • Previous Sale Amount: $186,000
  • 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 Valley Lakes

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$165

Above Asking

0.00%

Average Days on Market

36

Average Home Size

2189 ft²

Average Home Age

25.3 years

Currently For Sale

11 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 1030 Crescent Court, Round Lake Beach, IL, 60073

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 975 ft²
1030 Crescent Court, Round Lake Beach, IL, 60073 Listing by Tamara Hernandez
Unit for rent at 1119 Villa Vista Drive, Round Lake Beach, IL, 60073

$2,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,728 ft²
1119 Villa Vista Drive, Round Lake Beach, IL, 60073 Listing by Geronimo Trevino

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Heather Keller, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11319944
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 2009 Heron View Way built and last sold?
The property at 2009 Heron View Way was built in 2001 and last sold on May 12, 2022 for $240,000.
How much is this home worth?
The estimated value of the home located at 2009 Heron View Way is $0.
What are some comparable homes to 2009 Heron View Way?
There are currently no comparable homes to 2009 Heron View Way.
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