NOT LISTED FOR SALE

992 N Fairfield Rd Round Lake Beach, IL 60073

Estimated Value: $603,000 - $732,000

12 Beds
8 Baths
-- Sq Ft
0.27 Acres

Last Sold September 10, 2015

Last sale price $275,000

Est. 139% increase in value since last sale

Current estimated payment $4,229/month

9 Days on Market

Highlights

  • First Floor Utility Room
  • Soaking Tub
  • Heating Available
  • Fenced Yard

About This Home

As of September 2015

WOW ! Great investment opportunity in a convenient location. Nice cash flow . Large 2- story apartments plus 10 parking spaces. Many recent updates . Rents could be even higher ! Come and see . Do not miss this great investment . Bring your offers !

Last Agent to Sell the Property

Bozenna Klimovich

Chicagoland Brokers, Inc. License #475116479 Listed on: 06/22/2015

Chicagoland Brokers, Inc.

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 67x164x68x182
  • Fenced Yard
  • Irregular Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • First Floor Utility Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 8 Bathrooms
  • Soaking Tub

Parking

  • 10 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Assigned Parking

Schools

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

Utilities

  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • 4 Units
  • Hillwood Subdivision

Building Details

  • Gross Income $43,800
  • Net Operating Income $24,990

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
  • Subdivision Name: HILLWOOD
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • Lot Features: Fenced Yard, Irregular Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 10
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Other Expenses $: 18810

Schools

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

Lot Info

  • Lot Dimensions: 67X164X68X182
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 24990
  • GrossIncome: 43800
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 11259.6
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Lemke Mark R
Bought by
992 Fairfield Llc
Current Estimated Value
$656,939

Purchase Details

Listed on
Jun 22, 2015
Closed on
Sep 10, 2015
Sold by
Baczkowska Aniela
Bought by
Lemke Mark R
Seller's Agent
Bozenna Klimovich
Chicagoland Brokers, Inc.
Buyer's Agent
Jerry Doetsch
Berkshire Hathaway HomeServices Chicago
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$206,250
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 1994
Sold by
Sheedlo Edith A
Bought by
Baczkowska Aniela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.27%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
992 Fairfield Llc -- None Listed On Document
Lemke Mark R $275,000 First American Title
Baczkowska Aniela $120,000 Imperial Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lemke Mark R $206,250
Previous Owner Baczkowska Aniela $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2015 09/10/15 Sold $275,000 -1.8% --
07/01/2015 07/01/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $280,000 -- --
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 $9,478 $106,114 $17,829 $88,285
2023 $9,130 $97,388 $16,363 $81,025
2022 $9,130 $91,870 $15,981 $75,889
2021 $9,758 $88,302 $15,360 $72,942
2020 $9,137 $84,017 $14,615 $69,402
2019 $9,137 $80,607 $14,022 $66,585
2018 $11,866 $91,197 $14,535 $76,662
2017 $11,666 $85,784 $13,672 $72,112
2016 $11,312 $79,188 $12,621 $66,567
2015 $11,165 $72,344 $11,530 $60,814
2014 $11,260 $76,186 $9,413 $66,773
2012 $11,079 $79,568 $9,831 $69,737
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08963504

Midwest Real Estate Data (MRED)

APN: 06-19-224-035