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Round Lake Park 60073 Lakeview Estates
777 Waterview Drive
$325,000
● House - Off Market

777 Waterview Drive

Round Lake Park, IL 60073
bedrooms
1 Bed
bathrooms
0 Bath
square feet
1,700 Ft²
$1,696
Est. Monthly
$60
HOA / Fees
6.68%
Cap Rate

About This Property

This exceptional property offers the perfect opportunity for a build to suit 1,700 sq. ft. two story home (without a basement) designed to your specifications, right on the shores of Round Lake. With water rights and beach access, you'll enjoy endless water activities such as water skiing, jet skiing, swimming, or simply relaxing while taking in the breathtaking views.  Located in a peaceful, small waterfront neighborhood, this property is ideally situated near the new commuter train, Grayslake North School District, and is just minutes from local shops and restaurants. Don't miss your chance to build the perfect home in this sought-after lakeside community!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$191
Property Type
House
Property Taxes
$40
HOA Dues
$60
Year Built
-

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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.

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,131
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 600
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LAKEVIEW ESTATES
  • Land Acres: 0000000118
  • Standard Land Use Code: 8001
  • County Land Use Code: 30
  • Legal Description 1: LAKEVIEW ESTATES; LOT 4

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861404

Geography

  • District: AVON
  • Parcel: 06-21-402-029
  • Lot: 4
  • Municipality: TWP OF AVON
  • Latitude: 42.3618
  • Longitude: -88.0701

    Address

  • Full Address: 777 Waterview Dr
  • Address - House Number: 777
  • Address - Street Name: Waterview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Round Lake Park
  • Carrier Code: R001
  • 4-Digit Zip Code: 2784
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $47,666
  • Tax Rate Code Area: 7007

    Market Valuation

  • Market Total Value: $14,500
  • Market Land Value: $14,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,833
  • Assessed Land Value: $4,833

    Sales

  • Current Sale Contract Date: Jun 23, 2015
  • Current Sale Recording Date: Aug 06, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7219718
  • Previous Sale Recording Date: Oct 23, 1995
  • Previous Sale Contract Date: Oct 16, 1995
  • Previous Sale Amount: $29,500
  • 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 Lakeview Estates

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$213

Above Asking

0.00%

Average Days on Market

68

Average Home Size

1736 ft²

Average Home Age

32 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 389 Meadow Green Lane, Round Lake Beach, IL, 60073

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 960 ft²
389 Meadow Green Lane #1, Round Lake Beach, IL, 60073 Listing by Sunita Kakarlapudi
Unit for rent at 544 Meadow Green Lane, Round Lake Beach, IL, 60073

$2,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,160 ft²
544 Meadow Green Lane, Round Lake Beach, IL, 60073 Listing by Sunita Kakarlapudi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jennifer Cashman, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12324252
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 777 Waterview Drive built and last sold?
The property at 777 Waterview Drive was built in and last sold on Jun 23, 2015 for $7,000.
How much is this home worth?
The estimated value of the home located at 777 Waterview Drive is $328,250.
What are some comparable homes to 777 Waterview Drive?
There are currently no comparable homes to 777 Waterview Drive.
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