NOT LISTED FOR SALE

1415 N Fairfield Rd Round Lake, IL 60073

Estimated Value: $535,000 - $686,000

8 Beds
4 Baths
-- Sq Ft
5,097 Sq Ft Lot

Last Sold April 24, 2023

Last sale price $530,000

Est. 15% increase in value since last sale

Current estimated payment $4,269/month

1 Day on Market

About This Home

As of April 2023

A maintenance-free building. Four identical apartments. Two bedrooms, one bathroom. Each apartment has its own central heating and cooling system inside. So are washing machines, dryers and boilers. The building does not have a basement. Everything is in the apartments. Newer roof (three years old). Partially replaced windows. Newer four air conditioners and furnaces. Three newer boilers. The apartments are in good condition. Tenets pays: gas, electricity, heating, water, sewer. Parking for nine cars. Everything is always rented. See how easy it is to run this building. Income 920 for each unit.

Last Agent to Sell the Property

Eric Sadowski

arhome realty License #475128225 Listed on: 03/11/2023

arhome realty

Co-Listed By

Agnes Wlodarczyk

KOMAR License #475128223

Last Buyer's Agent

Roman Anoufriev

All Time Realty, Inc. License #471002644

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,077

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 41 x 124 x 42 x 123
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 9 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,077

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • 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: 4
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • Room: 4

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 460000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 9
  • Number of Cars: 9
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 116

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 41 X 124 X 42 X 123
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat,Sewer,Water

Tax Info

  • Tax Annual Amount: 14077
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2023
Closed on
Apr 19, 2023
Sold by
Salnis Irmantas
Bought by
Kovtunenko Yehor
Seller's Agent
Eric Sadowski
arhome realty
Buyer's Agent
Roman Anoufriev
All Time Realty, Inc.
List Price
$460,000
Sold Price
$530,000
Premium/Discount to List
$70,000
15.22%
Views
105
Current Estimated Value
$610,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,500
Avg. Annual Appreciation
5.02%
Original Mortgage
$371,000
Outstanding Balance
$336,880
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$260,120

Purchase Details

Closed on
Apr 12, 2017
Sold by
Yanan Joseph F
Bought by
Salnis Irmatas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2010
Sold by
Yanan Joseph F and Yanan Kelly L
Bought by
Yanan Joseph F and Yanan Kelly L

Purchase Details

Closed on
May 24, 2010
Sold by
Yanan Kelly L
Bought by
Yanan Joseph F and Yanan Kelly L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kovtunenko Yehor $530,000 None Listed On Document
Salnis Irmatas $320,000 Attorney
Yanan Joseph F -- None Available
Yanan Joseph F -- First American Title
Yanan Joseph F -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovtunenko Yehor $371,000
Previous Owner Salnis Irmatas $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $530,000 +15.2% --
03/13/2023 03/13/23 Pending -- -- --
03/11/2023 03/11/23 For Sale $460,000 -- --
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 $12,380 $138,614 $7,883 $130,731
2023 $12,380 $127,216 $7,235 $119,981
2022 $11,737 $118,104 $5,728 $112,376
2021 $12,544 $113,518 $5,506 $108,012
2020 $11,747 $108,010 $5,239 $102,771
2019 $11,747 $103,626 $5,026 $98,600
2018 $13,185 $101,335 $6,425 $94,910
2017 $12,963 $95,321 $6,044 $89,277
2016 $12,570 $90,113 $5,579 $84,534
2015 $12,705 $90,055 $5,097 $84,958
2014 $9,714 $65,726 $4,160 $61,566
2012 $9,558 $68,644 $4,345 $64,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11735422

Midwest Real Estate Data (MRED)

APN: 06-18-423-004