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Round Lake 60073 Round Lake Beach-Hillside
804 Ridgewood Drive
$325,000
● House - Off Market

804 Ridgewood Drive

Round Lake, IL 60073
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,758 Ft²
$2,087
Est. Monthly
11.57%
Cap Rate

About This Property

This unique property, situated on a spacious corner lot over 1/3 of an acre, features 2 detached garages, providing a total of 5 garage spaces. The home boasts an updated eat-in kitchen with eating area with a door that leads to the balcony deck overlooking the spacious yard. It offers four bedrooms--2 upstairs with a full bath and 2 downstairs with another bath. With 2 large living rooms, it's ideal for an in-law arrangement. The 5-car garage is perfect for car enthusiasts, landscape businesses, or auto services. Don't miss out on this incredible opportunity! New AC and furnace in 2021 - Driveway sealed 2024
Unit Size
1,758 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$182
Property Type
House
Property Taxes
$516
HOA Dues
-
Year Built
1986

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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 #12114937)

Price History

Date / Event Date Event Price
Aug 23, 2024 Sold
Premium
Sold
Jul 26, 2024 In contract -
In contract
Jul 19, 2024 Listed by Coldwell Banker Realty $319,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 4
  • Garage Square Area: 1,248
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,141
  • Total Building Area: 894
  • Gross Building Area: 894
  • Building Area: 894
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 894
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROUND LAKE BEACH HILLSIDE ADDN
  • Land Acres: 0000000348
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ROUND LAKE BEACH HILLSIDE ADDN; LTS 1 THRU LOT 3 BLOCK 198

Neighborhood

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

Geography

  • Assessors Map Reference: 2531-E1
  • District: AVON
  • Parcel: 06-20-408-021
  • Block: 198
  • Lot: 1,3
  • Municipality: TWP OF AVON
  • Latitude: 42.3629
  • Longitude: -88.0882

    Address

  • Full Address: 804 Ridgewood Dr
  • Address - House Number: 804
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Round Lake
  • Carrier Code: C020
  • 4-Digit Zip Code: 2975
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $574,572
  • Tax Rate Code Area: 7004

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 256,918
  • High Value: 302,120
  • Low Value: 211,716

    Market Valuation

  • Market Total Value: $191,251
  • Market Land Value: $37,162
  • Market Improvement Value: $154,089

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,744
  • Assessed Land Value: $12,386
  • Assessed Improvements Value: $51,358

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2013
  • Current Sale Recording Date: Jan 14, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 7069646
  • Previous Sale Recording Date: Aug 02, 2013
  • Previous Sale Contract Date: Jul 10, 2013
  • Previous Sale Document Type: 64
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-Hillside

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 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 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 771 S Sienna Drive, Round Lake, IL, 60073

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,645 ft²
771 S Sienna Drive, Round Lake, IL, 60073 Listing by Jill Schwartz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jamie Hering, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12114937
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 804 Ridgewood Drive built and last sold?
The property at 804 Ridgewood Drive was built in 1986 and last sold on Dec 13, 2013 for $115,000.
How much is this home worth?
The estimated value of the home located at 804 Ridgewood Drive is $323,099.
What are some comparable homes to 804 Ridgewood Drive?
There are currently no comparable homes to 804 Ridgewood Drive.
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