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Round Lake Park 60073 Round Lake Beach-Renehan Beach
Undisclosed Address
$243,000
● House - Off Market

Undisclosed Address

Round Lake Park, IL 60073
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$242,782
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Fantastic Split level home on a corner lot! The finished lower level features a second kitchen space! 4 nicely-sized bedrooms makes this a great home for a large family. The entire home features laminate flooring, no dirty carpet! Great for easy maintenance and upkeep. There's also a two-car attached garage! Schedule your private showing today!  FHA FRIENDLY. All offers will be considered, Property is being sold AS IS.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$200
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
2005

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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 #11358874)

Price History

Date / Event Date Event Price
Jun 2, 2022 Sold
Premium
Sold
Mar 28, 2022 Listed by RE/MAX MI CASA $240,000
Listed by RE/MAX MI CASA
Feb 10, 2019 No longer available -
No longer available
Oct 31, 2018 Listed $147,500
Listed
BRAND NEW ROOF! A little sweat equity will go far with this one. Great investment property or live there year round. Easily convert the lower level into an bright and airy in-law suite. So much potential in one package. Property sold As-Is. All offers must include buyers check list, earnest money, and approval. Data can be assumed to be only approximate. Tax proration is 100%, no survey will be supplied by the seller. Seller and their agents will not be responsible for any misrepresentations within tax or MLS data. Owner Occupant 21 day First look period through to 11/20/2018. The manager has listed the unit size as 1200 square feet.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,948
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROUND LAKE BEACH RENEHAN BEACH ADDITION
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ROUND LAKE BEACH RENEHAN BEACH ADDITION SUB; LOT 13 BLOCK 148

Neighborhood

  • School District Name: Round Lake Community Unit School District 116
  • Census Tract: 861404

Geography

  • Assessors Map Reference: 2532-B1
  • District: AVON
  • Parcel: 06-21-411-027
  • Block: 148
  • Lot: 13
  • Municipality: TWP OF AVON
  • Latitude: 42.3595
  • Longitude: -88.0707

    Address

  • Full Address: 540 Hillcrest Ter
  • Address - House Number: 540
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Round Lake Park
  • Carrier Code: C001
  • 4-Digit Zip Code: 3164
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $720,666
  • Tax Rate Code Area: 7010

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 259,979
  • High Value: 307,748
  • Low Value: 212,211

    Market Valuation

  • Market Total Value: $241,815
  • Market Land Value: $24,785
  • Market Improvement Value: $217,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,597
  • Assessed Land Value: $8,261
  • Assessed Improvements Value: $72,336

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7912639
  • Previous Sale Recording Date: Feb 12, 2019
  • Previous Sale Contract Date: Dec 11, 2018
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 68
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-Renehan Beach

Stats & Trends

Median Asking:

$243,500

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1243 ft²

Average Home Age

82.6 years

Currently For Sale

6 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
Unit for rent at 217 Lexington Court, Grayslake, IL, 60030

$3,350 /mo

  • 4 Beds
  • 2 Baths
  • 2,262 ft²
217 Lexington Court, Grayslake, IL, 60030 Listing by Jim Cacioppo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Katherine Vences, RE/MAX MI CASA
Last Updated: 3 years ago
Data Source: MRED, MLS# 11358874
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 540 Hillcrest Terrace built and last sold?
The property at 540 Hillcrest Terrace was built in 2005 and last sold on May 31, 2022 for $243,000.
How much is this home worth?
The estimated value of the home located at 540 Hillcrest Terrace is $240,758.
What are some comparable homes to 540 Hillcrest Terrace?
There are currently no comparable homes to 540 Hillcrest Terrace.
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