SECTION 8 APPROVED and fully rented. INVESTORS take note of CASH FLOW. Current rents are $1,800 COMBINED. LOW TAXES. 12+ Cap Rate. 222 Park unit is in good condition, 827 Cedar Lake is OK but sold "AS-IS". BOTH UNITS; ONE PIN #. Legal non-conforming property. 827 Tenant is MTM with 222 Park tenant on yearly lease. Both have been solid tenants. Bathrooms in both units have been updated.
Multi-familyProperty Type
1938Year Built
4,792 sq ftLot Size
$132Price/Sq.Ft.
2 spacesParking
Listed by Bob Krombach• Baird & Warner
Bought with Chris Peters• Coldwell Banker Realty
Source:MRED as Distributed by MLS Grid #10111878
Redfin Estimate
Unfortunately, we don't have enough data to generate an accurate Estimate at this time.
SECTION 8 APPROVED and fully rented. INVESTORS take note of CASH FLOW. Current rents are $1,800 COMBINED. LOW TAXES. 12+ Cap Rate. 222 Park unit is in good condition, 827 Cedar Lake is OK but sold "AS-IS". BOTH UNITS; ONE PIN #. Legal non-conforming property. 827 Tenant is MTM with 222 Park tenant on yearly lease. Both have been solid tenants. Bathrooms in both units have been updated.
MRED as Distributed by MLS Grid #09312295
Jun 22, 2017
Listing Removed
—
May 12, 2017
Contingent
—
May 4, 2017
Contingent
—
Jan 14, 2017
Listing Removed
—
Public Records
Jun 17, 1998
Sold
$33,333
$23/sq ft
Public Records
Jun 17, 1998
Sold
$56,666
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,035 (+3.3%)
$10,748 + $43,292
$54,040
2024
$4,873 (+13.0%)
$10,748 + $43,292
$54,040
2023
$4,314 (+7.0%)
$9,705 + $39,090
$48,795
2022
$4,033 (−5.9%)
$8,483 + $34,168
$42,651
2021
$4,284 (+4.0%)
$7,519 + $31,547
$39,066
2020
$4,119 (+4.3%)
$7,227 + $30,322
$37,549
2019
$3,951 (−0.9%)
$6,597 + $27,043
$33,640
2018
$3,987 (+2.4%)
$6,418 + $22,810
$29,228
2017
$3,892 (+3.8%)
$6,418 + $22,810
$29,228
2016
$3,750 (+1.4%)
$6,037 + $21,456
$27,493
2015
$3,699 (−11.8%)
$5,573 + $19,806
$25,379
2013
$4,195 (+1.6%)
$4,803 + $22,413
$27,216
2012
$4,127 (+3.6%)
$5,413 + $25,259
$30,672
2011
$3,982 (−3.0%)
$6,175 + $28,815
$34,990
2010
$4,106 (+5.1%)
$6,837 + $35,055
$41,892
2008
$3,905 (+8.9%)
$7,197 + $36,900
$44,097
2007
$3,585
$6,794 + $34,767
$41,561
Tax history for 827 N Cedar Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,035 (+3.3%)
$10,748 + $43,292
$54,040
2024
$4,873 (+13.0%)
$10,748 + $43,292
$54,040
2023
$4,314 (+7.0%)
$9,705 + $39,090
$48,795
2022
$4,033 (−5.9%)
$8,483 + $34,168
$42,651
2021
$4,284 (+4.0%)
$7,519 + $31,547
$39,066
2020
$4,119 (+4.3%)
$7,227 + $30,322
$37,549
2019
$3,951 (−0.9%)
$6,597 + $27,043
$33,640
2018
$3,987 (+2.4%)
$6,418 + $22,810
$29,228
2017
$3,892 (+3.8%)
$6,418 + $22,810
$29,228
2016
$3,750 (+1.4%)
$6,037 + $21,456
$27,493
2015
$3,699 (−11.8%)
$5,573 + $19,806
$25,379
2013
$4,195 (+1.6%)
$4,803 + $22,413
$27,216
2012
$4,127 (+3.6%)
$5,413 + $25,259
$30,672
2011
$3,982 (−3.0%)
$6,175 + $28,815
$34,990
2010
$4,106 (+5.1%)
$6,837 + $35,055
$41,892
2008
$3,905 (+8.9%)
$7,197 + $36,900
$44,097
2007
$3,585
$6,794 + $34,767
$41,561
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Type: Forced Air
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Duplex
Building Construction Quality: Average
Property Information
Subdivision Name: ADELBERT J SMITHS ROUND LAKE SUB
Living Sq. Ft: 1,468
Ground Floor Sq. Ft: 1,468
Building Sq. Ft: 1,832
# of Stories: 1
Legal Description: ADELBERT J SMITHS ROUND LAKE SUB; LT35 (EX BEG AT A PNT 10'E OF SWCOR, W10' TO SWCOR, N10', SELY TO POB)
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 364
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 4,792
Legal Lot Number: 35
Municipality Name: AVON TWP
Acres: 0.11
County Use Description: RESIDENTIAL IMPROVEMENTS
Financial
Assessor Information
Assessment Year: 2025
Tax District County: AVON TOWNSHIP
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,468
Stories: 1.0
Lot Size: 4,792 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1938
Year Renovated: 1938
County: Lake County
APN: 06-20-402-022
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Village Elementary School
Public 3-5 • Assigned • 1.0mi
4/10
Magee Middle School
Public 6-8 • Assigned • 0.4mi
4/10
Round Lake Senior High School
Public 9-12 • Assigned • 0.2mi
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)
29
14
38
20
54
32
61
42
69
48
80
61
86
67
82
63
79
57
68
47
50
36
36
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Round Lake Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Work with an experienced agent and save on fees. 3 minutes to get started.