Landlord's Agent in 2025
Martin Vehlow
Berkshire Hathaway HomeServices Starck Real Estate
(847) 217-1512
8 in this area
90 Total Sales
1607 N Cedar Lake Rd Round Lake Beach, IL 60073
3
Beds
1
Bath
960
Sq Ft
$180
Price per Sq Ft
Highlights
- Living Room
- 1-Story Property
- Dining Room
- Laundry Room
- Forced Air Heating and Cooling System
- 4-minute walk to Lakewood Park
About This Home
As of July 2025APPLICATION HAS BEEN ACCEPTED, PAPERWORK PENDING. Picture yourself living in this updated 3 bed ranch with a full basement and fenced in backyard! All new paint, brand new appliances, new bathroom, new roof last month, and updated windows! Neutral paint colors, great layout and room sizes, plus the convenient location make this turnkey home ready for your enjoyment! Landlord's minimum selection criteria as follows: 3+ months of verifiable income showing 3x the monthly rent ($5400), 620+ credit score, 2 years of verifiable rental history, no evictions or balances due to any landlords in the last 5 years, no active bankruptcies or foreclosures, no collections or late payments on credit. Applicants are subject to a criminal background check. Convictions involving violent crimes may be grounds for denial, in accordance with HUD guidelines. No smoking of any kind or vaping inside the building. Tenant pays all utilities. Max 2 pets are allowed, non-refundable $500 one time pet fee, per pet. $40 non-refundable third-party application fee per adult. Do not submit applications or payments through any website. Only complete applications including proof of income and government-issued photo ID will be considered. Also listed for sale.
Last Agent to Rent the Property
Berkshire Hathaway HomeServices Starck Real Estate License #475186293 Listed on: 07/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,359
Year Built
- Built in 1972 | Remodeled in 2025
Parking
- 2 Parking Spaces
Interior Spaces
- 960 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Property Available on 7/11/25
- Rent includes parking
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 2022
Sold by
Fales David L
Bought by
Cottontail Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.14%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 8, 1994
Sold by
Bank Of Waukegan
Bought by
Fales David L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,400
Interest Rate
8.72%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cottontail Properties Llc | $100,000 | Old Republic Title | |
| Fales David L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cottontail Properties Llc | $253,500 | |
| Closed | Cottontail Properties Llc | $105,000 | |
| Previous Owner | Fales David L | $725,000 | |
| Previous Owner | Fales David L | $500,000 | |
| Previous Owner | Fales David L | $57,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Rented | $1,800 | 0.0% | -- |
| 07/15/2025 07/15/25 | Under Contract | -- | -- | -- |
| 07/11/2025 07/11/25 | For Rent | $1,800 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,359 | $51,248 | $9,167 | $42,081 |
| 2023 | $4,228 | $44,795 | $8,013 | $36,782 |
| 2022 | $4,228 | $42,546 | $7,191 | $35,355 |
| 2021 | $4,519 | $40,894 | $6,912 | $33,982 |
| 2020 | $4,134 | $36,990 | $6,577 | $30,413 |
| 2019 | $4,023 | $35,489 | $6,310 | $29,179 |
| 2018 | $3,936 | $30,249 | $6,051 | $24,198 |
| 2017 | $3,899 | $28,454 | $5,692 | $22,762 |
| 2016 | $3,752 | $26,266 | $5,254 | $21,012 |
| 2015 | $3,703 | $23,996 | $4,800 | $19,196 |
| 2014 | $4,173 | $28,238 | $4,541 | $23,697 |
| 2012 | $4,107 | $29,492 | $4,743 | $24,749 |
Source: Public Records
Agents Affiliated with this Home
-
Martin Vehlow
-
Ashley Brown
A
Tenant's Agent in 2025
Ashley Brown
Compass
(847) 508-4481
2 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12410364
APN: 06-17-403-014
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