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Renovated Duplex with Coach House
New
For Sale
$675,000

544-548 N Hainesville Road, Round Lake Park, IL 60073

Commercial Sale, Round Lake Park, IL

Property SizeContact for details
Lot Size0.43 Acres
Days on Market3

Property Features for 544-548 N Hainesville Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 18
Bathrooms 12
Full bathrooms 12
Rooms Bathroom 5, Bedroom 2, Bedroom 15, Bedroom 9, Bedroom 3, Bedroom 7, Bedroom 5, Bathroom 12, Bedroom 14, Bedroom 11, Bedroom 1, Bedroom 8, Bedroom 16, Bedroom 4, Bedroom 12, Bedroom 17, Bedroom 18, Bathroom 2, Bathroom 8, Bathroom 9, Bedroom 10, Bathroom 7, Bathroom 1, Bathroom 4, Bathroom 10, Bathroom 3, Bedroom 6, Bathroom 11, Bedroom 13, Bathroom 6
Directions Washington to Hainesville Rd. to property
Subdivision Round Lake Beach / Round Lake / Round Lake Heights / Round Lake Park
Standard status Active
APN 06214000300000
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 13963

Utilities

Cooling system Central Air

Building Details

Year built 1927
Floors in Building 1
Number of units 3
Building materials Vinyl Siding
Listing Agency: Keller Williams Success Realty · Keller Williams Realty
Listed By: Valerie Ormseth · License #475126515
Added: Oct 16 Changed: Oct 17 Last Checked: Oct 18 at 12:06AM
MLS# 12787454

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The multifamily property includes a duplex with two three-bedroom, two-bathroom units and a separate coach house. The duplex underwent a studs-out renovation in 2023. Both units have in-unit laundry, while the lower unit connects to a 2.5-car garage and the upper unit opens to a private rear deck. The coach house has a main-floor bedroom and bathroom, plus a two-car garage and its own deck. The property also features a new roof, updated mechanical systems, porches, fencing, and an asphalt parking area.

Set on 0.43 acres, the property backs to a wooded area. The upper duplex unit is vacant; the lower unit and coach house are leased through June 2027.

Key Highlights

  • Two‑unit duplex renovated in 2023, with work extending to the studs
  • Each duplex unit has 3 bedrooms, 2 full bathrooms, and in‑unit laundry
  • Separate coach house includes a main‑floor bedroom and bathroom

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Demographics for 60073, IL

61,721
Population
20,864
Households
3
Avg Household Size
34
Median Age
27%
College-Educated
81%
High-School Grad
18.5 sq mi
ZIP Area
3,336
Density / Sq Mi
$95,457
Median Household Income
$43,228
Median Earnings
$1,461
Median Rent
$215,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two three-bedroom units are complemented by a detached coach house and multiple garage spaces.
Where is this multifamily property located?
The property is located at 544-548 N Hainesville Road Round Lake Park, IL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two‑unit duplex renovated in 2023, with work extending to the studs; Each duplex unit has 3 bedrooms, 2 full bathrooms, and in‑unit laundry; Separate coach house includes a main‑floor bedroom and bathroom
More about this property
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