NOT LISTED FOR SALE

110 E Main St Round Lake Park, IL 60073

Estimated Value: $180,307 - $198,000

6 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold September 02, 2021

Last sale price $132,000

Est. 32% increase in value since last sale

Current estimated payment $1,140/month

12 Days on Market

Highlights

  • Fenced Yard
  • Ceiling Fan
  • Multiple Water Heaters
  • Balcony

About This Home

As of September 2021

Great opportunity for someone willing to put in the work. This is a 2 flat building, the first floor unit has 3 bedrooms and 2 bathrooms the upstairs unit has 3 bedrooms and 1 bathroom. Building can be rented as multifamily living or commercial use. Building has passed the annual village inspection each year and is currently vacant and waiting for you to bring all your ideas! Building is being sold as is where is owner will not make any repairs. Per the Village of Round Lake Park building use is grandfathered in as long as there is no interruption in the use. Currently the unit is vacant the current owners were getting $1,000/month rent

Last Agent to Sell the Property

Bonnie Barrington

Coldwell Banker Realty License #475164101 Listed on: 05/17/2021

Coldwell Banker Realty

Last Buyer's Agent

Thomas Quigley

Baird & Warner License #471018389

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,168

Year Built

  • Built in 1938

Lot Details

  • 2,614 Sq Ft Lot
  • Fenced Yard

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Balcony

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,168

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1938
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 128900
  • Lot Features: Fenced Yard
  • OtherStructures: None
  • Roof: Asphalt, Flat
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 116

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 2875
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5167.64
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Aug 31, 2021
Sold by
Gura Daniel J and Gura Sandra B
Bought by
Ruiz Mario Montoya and Ruiz Elisa Maria
Seller's Agent
Bonnie Barrington
Coldwell Banker Realty
Buyer's Agent
Thomas Quigley
Baird & Warner
Sold Price
$132,000
Current Estimated Value
$174,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,844
Avg. Annual Appreciation
7.37%
Original Mortgage
$85,800
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1997
Sold by
Sansone Anthony Mark
Bought by
Gura Daniel J and Gura Sandra B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,675
Interest Rate
7.51%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ruiz Mario Montoya $132,000 Greater Illinois Title Co
Gura Daniel J $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Mario Montoya $85,800
Previous Owner Gura Daniel J $108,750
Previous Owner Gura Daniel J $35,000
Previous Owner Gura Daniel J $120,000
Previous Owner Londono Ramiro A $250,000
Previous Owner Gura Daniel J $112,000
Previous Owner Gura Daniel J $69,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $132,000 +2.4% --
05/30/2021 05/30/21 For Sale -- -- --
05/29/2021 05/29/21 Pending -- -- --
05/21/2021 05/21/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $128,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,282 $55,622 $4,289 $51,333
2023 $5,085 $51,048 $3,936 $47,112
2022 $5,085 $48,004 $3,878 $44,126
2021 $5,421 $46,140 $3,727 $42,413
2020 $5,168 $43,901 $3,546 $40,355
2019 $5,168 $42,119 $3,402 $38,717
2018 $6,355 $45,526 $4,228 $41,298
2017 $6,258 $42,824 $3,977 $38,847
2016 $5,806 $39,531 $3,671 $35,860
2015 $5,770 $36,115 $3,354 $32,761
2014 $4,759 $31,113 $3,364 $27,749
2012 $4,690 $32,494 $3,513 $28,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11090474

Midwest Real Estate Data (MRED)

APN: 06-28-301-013