516 Clifton Dr Round Lake Park, IL 60073
Estimated payment $2,057/month
Highlights
- Boat Dock
- Property is near a park
- Heating System Uses Steam
- Community Lake
About This Home
Looking for a smart real estate investment or a new home with income potential? This 2-unit property is the perfect opportunity! Ideally located directly across from the beach at Round Lake Park, this property offers the best of lake life living with rental income possibilities. Property Features include Downstairs Unit with 3 Bedrooms | 1 Bathroom. Upstairs Unit with 2 Bedrooms | 1 Bathroom. In-Unit Washer & Dryer in both units. New Windows in 2017 and New Siding in 2019. Off-Street Parking for up to 6 Vehicles. Whether you're looking to live in one unit and rent the other, or rent both for passive income, this home offers flexible options for homeowners and investors alike. Don't miss your chance to own a property with such great potential!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,234
Year Built
- Built in 1933
Parking
- 6 Parking Spaces
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Additional Features
- 2-Story Property
- Lot Dimensions are 104x66.2x49.7x92
- Property is near a park
- Heating System Uses Steam
Community Details
Overview
- 2 Units
- Community Lake
Recreation
- Boat Dock
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,234 | $57,879 | $11,810 | $46,069 |
| 2023 | $4,876 | $50,591 | $10,323 | $40,268 |
| 2022 | $4,876 | $46,025 | $8,928 | $37,097 |
| 2021 | $4,942 | $42,062 | $8,581 | $33,481 |
| 2020 | $4,768 | $40,021 | $8,165 | $31,856 |
| 2019 | $4,711 | $38,397 | $7,834 | $30,563 |
| 2018 | $4,824 | $34,558 | $6,418 | $28,140 |
| 2017 | $4,751 | $32,507 | $6,037 | $26,470 |
| 2016 | $4,407 | $30,008 | $5,573 | $24,435 |
| 2015 | $4,380 | $27,414 | $5,091 | $22,323 |
| 2014 | $4,624 | $30,230 | $4,803 | $25,427 |
| 2012 | $4,557 | $31,572 | $5,016 | $26,556 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2025 07/27/25 | Pending | -- | -- | -- |
| 07/10/2025 07/10/25 | For Sale | $295,900 | 0.0% | -- |
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | For Sale | $295,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Warranty Deed | $172,500 | Chicago Title Insurance Comp | |
| Warranty Deed | $50,000 | -- | |
| Warranty Deed | $50,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $138,000 | Purchase Money Mortgage | |
| Previous Owner | $66,291 | Unknown | |
| Previous Owner | $27,000 | Credit Line Revolving | |
| Previous Owner | $25,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12405125
APN: 06-21-304-014
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