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400 East Shorewood Road

400 East Shorewood Road, Round Lake, IL 60073
1 Units For Sale
Unit for sale at 400 E Shorewood Road, Round Lake, IL 60073

$299,000 ↓ $81K

  • Commercial
  • 8,200 ft²
400 E Shorewood Road, Round Lake, IL 60073 Listing by Elie Kardoush

400 East Shorewood Road in Round Lake, IL was first built in 1949 and is 75 years old. Although, the building on the property was most recently renovated and altered in 1967. This has been categorized as a commercial property type. 400 East Shorewood Road has 7,712 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,965 square feet.

Learn more about the property and building on this page. There is a unknown. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of brick. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 400 East Shorewood Road sold most recently in Nov 9, 2023 for a total of $225,000. If you work out the math, that's approximately a cost of $29.18 per sqft. Before that, the property was also sold for $260,000 in Apr 26, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,693 in taxes each year. 400 East Shorewood Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $82,080. If we break it down further, the land itself was valued at $29,377. Improvements to the property, however, were assessed at a total of $52,703. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211007
10/07/2021
Loft
-
-
$499,000
bedrooms
Loft
bathrooms
-
-
-
-
Mark Ahmad
CENTURY 21 Affiliated

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,965
  • Total Building Area: 7,712
  • Gross Building Area: 7,776
  • Building Area: 7,776
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,712
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: ROUND LAKE BEACH SHOREWOOD GOLD COURSE A
  • Land Acres: 0.321
  • Standard Land Use Code: Commercial building
  • Legal Description 1: ROUND LAKE BEACH SHOREWOOD GOLD COURSE ADDITION SUB;LOTS 19 ,20,21,22 BLK 287

Ownership

  • Current Owner : MANDALIYA ASHWIN D
  • Previous Owner : OWEISI ENTERPRISES LLC
  • Owner Before Previous Owner: SODHI HARDEV
  • Owner Before Previous Owner 2: SODHI BINDU
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 07, 2024

Neighborhood

  • School District Name: Round Lake Community Unit School District 116
  • Census Tract: 861202

Geography

  • Assessors Map Reference: 2475-B7
  • District: AVON
  • Parcel: 06-16-330-023
  • Block: 287
  • Lot: 19-21
  • Municipality: TWP OF AVON
  • Latitude: 42.3718
  • Longitude: -88.0731

    Address

  • Full Address: 400 E Shorewood Rd
  • Address - House Number: 400
  • Street Direction: E
  • Address - Street Name: Shorewood
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Round Lake Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 2211
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,693
  • Tax Rate Code Area: 7006

    Market Valuation

  • Market Total Value: $246,265
  • Market Land Value: $88,140
  • Market Improvement Value: $158,125

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,080
  • Assessed Land Value: $29,377
  • Assessed Improvements Value: $52,703

    Sales

  • Current Sale Contract Date: Nov 09, 2023
  • Current Sale Recording Date: Dec 07, 2023
  • Current Sale Transaction ID: 11917845868
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8009287
  • Previous Sale Recording Date: May 14, 2018
  • Previous Sale Contract Date: Apr 26, 2018
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

About Round Lake Beach-Shorewood Golf Course



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Nearby Rentals

Unit for rent at 1319 N Channel Drive, Round Lake Beach, IL, 60073

$2,100 /mo

  • 4 Beds
  • 2 Baths
  • 1,400 ft²
1319 N Channel Drive, Round Lake Beach, IL, 60073 Listing by Jim Starwalt

Frequently Asked Questions

What neighborhood is 400 East Shorewood Road located in?
The 400 East Shorewood Road is a located in the neighborhood of Round Lake Beach-Shorewood Golf Course in Round Lake Beach-Shorewood Golf Course, Round Lake.
How many listings are currently for sale in 400 East Shorewood Road?
There is a listing currently on the market for sale.
What is the average sales price for listings in 400 East Shorewood Road?
The average sales price for units in 400 East Shorewood Road is $299,000 , or $36/sqft. currently.

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