NOT LISTED FOR SALE

964 N Fairfield Rd Round Lake Beach, IL 60073

Estimated Value: $616,000 - $712,000

12 Beds
8 Baths
-- Sq Ft
0.26 Acres

Last Sold July 22, 2015

Last sale price $294,000

Est. 126% increase in value since last sale

Current estimated payment $4,429/month

369 Days on Market

Highlights

  • Patio
  • Satellite Dish
  • Heating Available

About This Home

As of July 2015

CHECK OUT NEW INSIDE PHOTOS! 2 UNITS REMOD *NET APROX 34K * WELL MAINTAINED BRICK 4 UNIT APARTMENT ** FULLY RENTED WE WILL ENTERTAIN ALL REASONABLE OFFERS.** 3 BED 1.1 BATHS AND FULL BASEMENT IN EACH UNIT W/ WASHER & DRYER HOOK UP. MANY UPGRADES IN LAST 5 YEARS ** ALL ELECTRIC BUILDING TENENTS PAY. CLOSE TO TRAIN & SHOPPING ** 24 HOUR NOTICE FOR SHOWINGS OWNER OR AGENT MUST ACCOMPANY ** BUILDING FACES MAYFIELD **

Last Agent to Sell the Property

Deborah Mueller

Berkshire Hathaway HomeServices Starck Real Estate License #475139856 Listed on: 04/17/2014

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Jerry Doetsch

Berkshire Hathaway HomeServices Chicago License #471001517

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,260

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 77x120x48x40
  • Irregular Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 8 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

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

Outdoor Features

  • Patio

Schools

  • Indian Hill Elementary School
  • John T Magee Middle School
  • Round Lake Senior High School

Utilities

  • Heating Available
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $52,740
  • Net Operating Income $34,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,260

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1974
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Other Equipment: TV-Cable, TV-Dish, Sump Pump
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 4
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 6

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 334900
  • Lot Features: Irregular Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 12
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Fee Information

  • Other Expenses $: 18730

Schools

  • Elementary School: INDIAN HILL ELEMENTARY SCHOOL
  • High School: ROUND LAKE SENIOR HIGH SCHOOL
  • Middle/Junior School: JOHN T MAGEE MIDDLE SCHOOL
  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: 77X120X48X40
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 34010
  • GrossIncome: 52740
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 11259.53
  • Tax Year: 2013
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Lemke Mark R
Bought by
964 Fairfield Llc
Current Estimated Value
$664,261

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jul 8, 2015
Sold by
Schuler Donald W and Seitz Michael E
Bought by
Lemke Mark R
Seller's Agent
Deborah Mueller
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Jerry Doetsch
Berkshire Hathaway HomeServices Chicago
List Price
$364,900
Sold Price
$294,000
Premium/Discount to List
-$70,900
-19.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$220,500
Interest Rate
4.87%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jul 1, 2015
Sold by
Knauss Edward Howard and Ramirez Sharon Marie
Bought by
Knauss Mary D
Seller's Agent
Deborah Mueller
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Jerry Doetsch
Berkshire Hathaway HomeServices Chicago
List Price
$364,900
Sold Price
$294,000
Premium/Discount to List
-$70,900
-19.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
4.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 2004
Sold by
First Midwest Bank
Bought by
Schuler Donald W

Purchase Details

Closed on
Feb 26, 2003
Sold by
Buccola Michael E
Bought by
First Midwest Bank and Trust #5712
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
964 Fairfield Llc -- None Listed On Document
Lemke Mark R $294,000 Ct
Knauss Mary D -- Attorney
Schuler Donald W $27,000 --
First Midwest Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lemke Mark R $219,000
Previous Owner Lemke Mark R $220,500
Previous Owner Schuler Donald W $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2015 07/22/15 Sold $294,000 -12.2% --
04/21/2015 04/21/15 Pending -- -- --
03/05/2015 03/05/15 Price Changed $334,900 -1.5% --
11/08/2014 11/08/14 Price Changed $339,900 -2.9% --
09/11/2014 09/11/14 Price Changed $349,900 -2.8% --
06/13/2014 06/13/14 Price Changed $359,900 -1.4% --
04/17/2014 04/17/14 For Sale $364,900 -- --
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 $9,722 $108,850 $25,528 $83,322
2023 $9,357 $99,899 $23,429 $76,470
2022 $9,357 $94,153 $22,529 $71,624
2021 $10,000 $90,497 $21,654 $68,843
2020 $9,364 $86,105 $20,603 $65,502
2019 $9,364 $82,611 $19,767 $62,844
2018 $13,555 $104,173 $22,931 $81,242
2017 $13,326 $97,990 $21,570 $76,420
2016 $13,998 $106,238 $19,911 $86,327
2015 $10,147 $65,750 $18,190 $47,560
2014 -- $76,186 $7,577 $68,609
2012 $11,079 $79,567 $7,913 $71,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08588086

Midwest Real Estate Data (MRED)

APN: 06-19-224-032