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407 Lakewood Ter

Round Lake, IL 60073

3 bd 2 ba 2,646 sqft Built 1989 Lot 9,923 sqft single_family
Most recent sale
$225,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2022 Sold $225,000 MLS #11401904
May 12, 2022 Listed $210,000 MLS #11401904
Aug 10, 2017 Sold $156,300 MLS #09663794
Jun 19, 2017 Listed $156,300 MLS #09663794
Dec 20, 2005 Sold $198,000 Public Record
Sep 15, 1993 Sold $127,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $77,318 $13,108 $90,426 $7,995
2022 $61,428 $10,257 $71,685 $7,399
2021 $56,202 $9,859 $66,061 $7,536
2020 $53,475 $9,381 $62,856 $7,247
2019 $49,875 $9,000 $58,875 $6,914
2018 $41,430 $8,784 $50,214 $6,851
2017 $38,971 $8,263 $47,234 $6,637
2016 $35,974 $7,628 $43,602 $6,443
2015 $32,865 $6,969 $39,834 $5,399
2014 $32,865 $6,969 $39,834 $6,431
2013 $40,972 $6,288 $47,260 $6,400
2012 $46,176 $7,086 $53,262 $6,374
2011 $52,676 $8,084 $60,760 $6,250
2010 $61,836 $11,292 $73,128 $6,590
2009 $65,091 $11,886 $76,977 $6,286
2008 $63,456 $11,785 $75,241 $6,049
2007 $60,417 $11,221 $71,638 $5,749
2006 $51,215 $12,518 $63,733 $5,304

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,646 sqft
Lot size
9,923 sqft
ZIP code
60073
City
Round Lake
Street
Lakewood Ter
Coordinates
42.35547, -88.09174

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Lakewood Ter last sell?
407 Lakewood Ter most recently sold on Jun 2, 2022 for $225,000.
What is the current tax assessment for 407 Lakewood Ter?
The most recent total assessment for 407 Lakewood Ter (year 2023) is $90,426 with $7,995 in property tax.
How does 407 Lakewood Ter's assessment compare to its last sale price?
The current assessment is 59.8% below the last sale price of $225,000.
When was 407 Lakewood Ter built?
407 Lakewood Ter was built in 1989.
How does 407 Lakewood Ter compare to others on Lakewood Ter?
We track 7 other properties on Lakewood Ter. Browse the list under "Other properties on Lakewood Ter" to compare beds, baths, and sale history.
What are the property facts for 407 Lakewood Ter?
407 Lakewood Ter is a 3 bed, 2 bath, 2,646 sqft, 9,923 sqft lot single_family.
Is 407 Lakewood Ter a flip candidate?
No — 407 Lakewood Ter does not appear in our flips dataset.
Is 407 Lakewood Ter a tax-appeal candidate?
No — 407 Lakewood Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.0%
Implied 1-yr
+11.9%
2026 Q3
$298.7K
2026 Q4
$306.2K
ZIP 60073 — Median Price History + Forecast

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