OFF MARKET

Off market jan 2020 for $298K

—

•

5 ba

•

—

sq ft

1414 Cedar Lake Rd, Round Lake Beach, IL 60073

About this home

Huge price reduction!Great investment property with an annual gross income of $46,000! Fully leased 5 unit multifamily 1 bedroom 520 square foot apartments. Recently remodeled with new appliances in 2014. Some units have recent new paint and carpet. Tenant pays own electric and water. Serious buyers only! Pre-qualification required for all showing requests. Listing agent must accompany all showings!

Multi-familyProperty Type

1997Year Built

5,000 sq ftLot Size

5 spacesParking

Listed by Diane Kuhfuss • Keller Williams North Shore West

Bought with Andriy Voloshchuk • Coldwell Banker Realty

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #10491162

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 60073, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.0%

0.2% MoM

Median sale price

$295K

$5K MoM

Avg. days on market

48d

3 days MoM

Recently sold homes

193

8 MoM

New listings for sale

NEW 23 HRS AGO
$400,000
3 beds2.5 baths1,944 sq ft
2135 Columbine Ct, Round Lake, IL 60073
$265,000
2 beds2.5 baths1,452 sq ft
363 S Litchfield Dr, Round Lake, IL 60073
$675,000
18 beds12 baths— sq ft
544-548 N Hainesville Rd, Round Lake Beach, IL 60073
$399,995
4 beds3.5 baths2,134 sq ft
1965 Marigold Ln, Round Lake, IL 60073
$350,000
4 beds2.5 baths2,232 sq ft
1001 Martingale Ln, Round Lake Beach, IL 60073
EARLY ACCESS
$1,200,000
4 beds3 baths1,267 sq ft
24601 W Nippersink Rd, Round Lake, IL 60073
$275,000
2 beds2.5 baths1,570 sq ft
425 N Carlisle Ct, Round Lake, IL 60073
EARLY ACCESS
$300,000
2 beds2 baths1,533 sq ft
665 W Essington Dr, Round Lake, IL 60073
$260,000
3 beds1.5 baths1,026 sq ft
199 W Hillside Dr, Round Lake, IL 60073
$215,000
2 beds1.5 baths1,132 sq ft
34330 N Goldenrod Rd, Round Lake, IL 60073
See all

Provided by Redfin

Sale history for 1414 Cedar Lake Rd

Date

Event

Price

MRED as Distributed by MLS Grid #10491162

Jan 27, 2020

Sold (MLS) (Closed Sale)

$298,000

Oct 30, 2019

Contingent

—

Sep 30, 2019

Price Changed

$299,900

Sep 28, 2019

Price Changed

$308,900

Aug 19, 2019

Listed (New)

$309,900

MRED as Distributed by MLS Grid #09788673

Jun 4, 2018

Listing Removed

—

Mar 3, 2018

Contingent

—

MRED as Distributed by MLS Grid #08544252

Mar 20, 2014

Listing Removed

—

MRED as Distributed by MLS Grid #07401824

Dec 21, 2010

Listing Removed

—

Tax history for 1414 Cedar Lake Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

5,001 Sq. Ft.

Year renovated

1990

Sq. Ft.

2,600

Year built

1990

Style

Multi-Family (5+ Unit)

County

Lake County

APN

06-17-412-034

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

Property details

Parking

Parking Information
# of Parking Spaces: 5
1-5 Outdoor Parking Spaces

Interior

Additional Rooms Information
Crawl Space

Equipment
Fire Protection: Smoke/Fire Protectors
# of Refrigerators: 5
# of Ranges: 5

Heating & Cooling
Electric Heating
Wall Sleeve Air Conditioning

Multi-Family Information
# of Units: 5
Last Lease Expiration Date: Friday, July 31, 2020 5:00 AM
Tenant Pays Air Conditioning, Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water/Sewer

Unit 1 Information
# of Units of Type: 2
# of Rooms: 3
# of Beds: 1
# of Baths: 1
Monthly Income: $750
Maximum Monthly Income: $750

Unit 2 Information
# of Units of Type: 1
# of Rooms: 3
# of Beds: 1
# of Baths: 1
Monthly Income: $725
Maximum Monthly Income: $725

Unit 3 Information
# of Units of Type: 2
# of Rooms: 3
# of Beds: 1
# of Baths: 1
Monthly Income: $800
Maximum Monthly Income: $800

Exterior

Building Information
Age: 16-25 Years
Cedar Exterior
Wood Frame Construction
Concrete Foundation
Shingle Composition Roof
Pitched Roof

Property Features
Curbs and Gutters, Lighting/Exterior, Sidewalks
Balcony(s), Security Lighting

Lot Information
Dimensions: 40X125
City Street Access
Zoning: MULTI

Property Information
Ownership Type: Land Trust
Current Use: Legal Non Conforming, Residential (Multi-Family)
Potential Use: Residential (Multi-Family)
Parcel Identification Number: 06174120340000

Financial

Financial Information
Tax: $8,786.70
Tax Year: 2018
Total Monthly Income: $3,850
Total Annual Income: $45,318
Gross Rental Income: $46,200
Gross Rent Multiplier: 6.71
Net Operating Income: $882
Finance Code: Conventional

Utilities

Utility Information
Circuit Breakers
Sanitary Sewer to Site, Water (Municipal)

Location

Location Information
Township: Avon
Directions: Rollins Road and Cedar Lake South to address

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,600
Stories: —
Lot Size: 5,001 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1990
Year Renovated: 1990
County: Lake County
APN: 06-17-412-034

Home facts updated by county records on Jul 15, 2026

Other

Expense Information
Total Annual: $882

Listing Information
Possession: Closing, Tenant's Rights
Known Encumbrances: None Known
Seller Concessions: No

Around this home

Schools

Raymond Ellis Elementary School

Public K-5 • Assigned • 0.7mi

4/10

Magee Middle School

Public 6-8 • Assigned • 1.1mi

4/10

Round Lake Senior High School

Public 9-12 • Assigned • 0.8mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Round Lake Beach, IL • 60073

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.1 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$350,000

4 beds2.5 baths— sq ft

15200 W Wadsworth Rd, Wadsworth, IL 60083

$1,850,000

18 beds11 baths— sq ft

1627 Woodbine Dr, Round Lake Beach, IL 60073

New listings for sale in 60073

NEW 23 HRS AGO3D WALKTHROUGH

$400,000

3 beds2.5 baths1,944 sq ft

2135 Columbine Ct, Round Lake, IL 60073

$265,000

2 beds2.5 baths1,452 sq ft

363 S Litchfield Dr, Round Lake, IL 60073

$675,000

18 beds12 baths— sq ft

544-548 N Hainesville Rd, Round Lake Beach, IL 60073

$399,995

4 beds3.5 baths2,134 sq ft

1965 Marigold Ln, Round Lake, IL 60073

$350,000

4 beds2.5 baths2,232 sq ft

1001 Martingale Ln, Round Lake Beach, IL 60073

EARLY ACCESSSOTHEBY'S REALTY COMING SOON

$1,200,000

4 beds3 baths1,267 sq ft

24601 W Nippersink Rd, Round Lake, IL 60073

$275,000

2 beds2.5 baths1,570 sq ft

425 N Carlisle Ct, Round Lake, IL 60073

EARLY ACCESSCOMPASS COMING SOON

$300,000

2 beds2 baths1,533 sq ft

665 W Essington Dr, Round Lake, IL 60073

$260,000

3 beds1.5 baths1,026 sq ft

199 W Hillside Dr, Round Lake, IL 60073

Home values near 1414 Cedar Lake Rd

Data from public records.

Address	Redfin Estimate
1419 N Cedar Lake Road, Round Lake Beach, IL 3 Beds \| 1 Baths \| 1080 Sq. Ft.	$301,346
1410 N Cedar Lake Road, Round Lake Beach, IL 2 Beds \| 1.5 Baths \| 1289 Sq. Ft.	$182,852

Address	Redfin Estimate
1334 N Cedar Lake Road, Round Lake Beach, IL 3 Beds \| 1 Baths \| 1424 Sq. Ft.	$231,759
1416 N Cedar Lake Road, Round Lake Beach, IL 3 Beds \| 2 Baths \| - Sq. Ft.	$196,584

Address	Redfin Estimate
1408 N Cedar Lake Road, Round Lake Beach, IL 3 Beds \| 2 Baths \| 2016 Sq. Ft.	$201,806
1418 N Cedar Lake Road, Round Lake Beach, IL 3 Beds \| 1 Baths \| 756 Sq. Ft.	$216,475

Property information provided by MRED as Distributed by MLS Grid when last listed in 2019. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 60073, IL

Sale history for 1414 Cedar Lake Rd

Tax history for 1414 Cedar Lake Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60073

Home values near 1414 Cedar Lake Rd

More real estate resources