1627 Woodbine Drive

Round Lake Beach, IL 60073

$1,900,000
Price
18
Beds
11
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investors Income Producer! This property is centered in down town Round Lake Beach. Walking distance to everything for tenants means the building remains fully occupied. New Boiler, new heat, newer Roof and New Paint throughout. Multiple COMMERCIAL lots available in this purchase: 3 vacant lots as follows PIN 0617407002 $1,100 (known as 11W Rollins) + PIN 0617407003 $1,100.00 (known as 9W Rollins) + PIN 0617407004 $1,100.00 (Known as 7W Rollins) The potential for additional income is huge, add onto...Investors Income Producer! This property is centered in down town Round Lake Beach. Walking distance to everything for tenants means the building remains fully occupied. New Boiler, new heat, newer Roof and New Paint throughout. Multiple COMMERCIAL lots available in this purchase: 3 vacant lots as follows PIN 0617407002 $1,100 (known as 11W Rollins) + PIN 0617407003 $1,100.00 (known as 9W Rollins) + PIN 0617407004 $1,100.00 (Known as 7W Rollins) The potential for additional income is huge, add onto current building or create another income generator by adding storage units on site.
  1. Listed by Heather Bautista • Berkshire Hathaway HomeServices Chicago

Property Details for 1627 Woodbine Drive

Area
Round Lake Beach / Round Lake / Round Lake Heights / Round Lake Park

Location

Listing Courtesy of Berkshire Hathaway HomeServices Chicago
Add your commute
LISTING UPDATED: 05/12/2024 12:07 AM

Property Details for 1627 Woodbine Drive

StatusActive
MLS #11866526
Days on Market271
Taxes$16,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1972
Lot Size0.12 AC / 5,227 SF
CountyLake County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Chicago
Add your commute

Building Information for 1627 Woodbine Drive

Stories-Residences11Year Built1972Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$11,744 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,369

Property Taxes

$1,375

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1627 Woodbine Drive

General Information
Addtl Parking Information
  • Open Parking Spaces: 12.0
Location and General Information
  • Information: None
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Heat/Ventilation: Gas
  • Num of Baths: 11.0
Property/Lot Information
  • Tenant Pays: Electricity, Other
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Other
  • Lot Dimensions: 120X45X120X45
  • Stories: 3
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 11
Income & Expenses
  • Electric Expense: $550.00
  • Fuel Expense: $4,600.00
  • Gross Income: $138,420.00
  • Gross Scheduled Income: $138,420.00
  • Insurance Expense: $4,200.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Other Expense Source: Combination
  • Total Monthly Income: 11535
  • Net Operating Income: $101,846.00
  • Operating Expense: $36,574.00
  • Other Expense: $500.00
  • Trash Expense: $4,800.00
  • Water Sewer Expense: $4,400.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 7
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1627 Woodbine Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1627 Woodbine Drive

Taxable ValueLand$12,624Additions$82,993Total$95,617
Tax Record2023$8,730 ($728 / month)
Home Facts
Total Finished SqFt8,028 SqFtAbove Grade Finished SqFt8,028 SqFtLot Size5,401 SqFtStyleMulti-Family Res (5+ Units)Year Built1972CountyLAKEAPN06-17-407-001

Schools near 1627 Woodbine Drive

This home is within Round Lake Community Unit School District 116.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Round Lake Beach Elementary School
Public1 to 5

Round Lake Middle School
Public6 to 8

Round Lake Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1627 Woodbine Drive is a multi-family home for sale in Round Lake Beach, IL 60073. This property was listed for sale on September 19, 2023 by Berkshire Hathaway HomeServices Chicago, it's currently listed at $1,900,000. This listing's school district is Round Lake Community Unit School District 116. Nearby schools include Round Lake Beach Elementary School, Round Lake Middle School and Round Lake Senior High School. 1627 Woodbine Drive is a 18-bed, 11-bath, multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Chicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/12/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.