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Round Lake Beach 60073 Round Lake Beach-Ridgewood
604 REDWING Street
$285,000
● House - Off Market

604 REDWING Street

Round Lake Beach, IL 60073
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$1,909
Est. Monthly
8.34%
Cap Rate

About This Property

Charming single-family ranch situated in the Grayslake North school district. This Beautiful Ranch home features newly installed flooring throughout, accompanied by a modernized kitchen and bathrooms. The main level comprises three bedrooms and 1.5 bathrooms, with an additional bedroom located in the finished basement. The basement also showcases a spacious family room. Furthermore, this property boasts a expansive living room/dining room combination, complemented by a 2 1/2 car detached garage. A viewing is essential to fully appreciate this property. Schedule your showing today!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$485
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: 2 years ago (MRED MLS #12261173)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Premium
Sold
Jan 10, 2025 In contract -
In contract
Dec 27, 2024 Listed by Payes Real Estate Group $290,000
Listed by Payes Real Estate Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • 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: 9
  • Basement Area: 975
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,201
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,950
  • Gross Building Area: 1,950
  • Building Area: 975
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 975
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROUND LAKE BEACH RIDGEWOOD ADD.
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ROUND LAKE BEACH RIDGEWOOD ADD.UNIT 3 LOT 14 BLOCK 330

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861202

Geography

  • Assessors Map Reference: 2475-C6
  • District: AVON
  • Parcel: 06-16-411-014
  • Block: 330
  • Lot: 14
  • Municipality: TWP OF AVON
  • Latitude: 42.3761
  • Longitude: -88.0677

    Address

  • Full Address: 604 Redwing Dr
  • Legal Unit: 3
  • Address - House Number: 604
  • Address - Street Name: Redwing
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Round Lake Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 2266
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $607,826
  • Tax Rate Code Area: 7017

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 221,463
  • High Value: 263,264
  • Low Value: 179,662

    Market Valuation

  • Market Total Value: $166,712
  • Market Land Value: $25,269
  • Market Improvement Value: $141,443

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,565
  • Assessed Land Value: $8,422
  • Assessed Improvements Value: $47,143

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 31, 2009
  • Current Sale Recording Date: Jan 25, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 6567025
  • Previous Sale Recording Date: Aug 12, 2009
  • Previous Sale Contract Date: Jul 30, 2009
  • Previous Sale Document Type: 42
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-Ridgewood

Stats & Trends

Median Asking:

$284,950

Sale Price/ft²

$228

Above Asking

0.00%

Average Days on Market

41

Average Home Size

1588 ft²

Average Home Age

40.5 years

Currently For Sale

2 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 544 N Hainesville Road, Round Lake Park, IL, 60073

$2,745 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
544 N Hainesville Road #1, Round Lake Park, IL, 60073 Listing by Valerie Ormseth

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ivonne Payes, Payes Real Estate Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 12261173
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 604 Redwing Drive built and last sold?
The property at 604 Redwing Drive was built in 1973 and last sold on Dec 31, 2009 for $110,000.
How much is this home worth?
The estimated value of the home located at 604 Redwing Drive is $0.
What are some comparable homes to 604 Redwing Drive?
There are currently no comparable homes to 604 Redwing Drive.
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