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    Property profile & analytics

    992 Fairfield Rd Round Lake Beach, IL 60073-2356

    • Residential income homes
    • 4,608 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-5426873
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 992 Fairfield Rd

    Year built
    1973
    Construction
    FRAME
    Lot size
    0.26 lot acres
    Property size
    4,608 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    06-19-224-035
    APU
    619224035

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Round Lake Beach
    County
    Lake
    State
    Illinois
    Longitude
    -88.1111
    Latitude
    42.3666
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,130
    $16,363
    $81,025
    $97,388
    -
    $49,094
    $243,099
    $292,193

    Comparable in this City

    • Value Estimation by Request
      4,608 SF

      1008 Fairfield Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,608 SF
      1008 Fairfield Rd, Round Lake Beach, IL 60073-2356
      View Details
    • Value Estimation
      $505,000
      2,976 SF

      604 Avilon Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,976 SF
      604 Avilon Ave, Round Lake, IL 60073-3298
      View Details
    • Value Estimation
      $430,000
      4,560 SF

      1112 Fairfield Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,560 SF
      1112 Fairfield Rd, Round Lake Beach, IL 60073-2380
      View Details
    • Value Estimation
      $325,000
      3,000 SF

      1011 Fairfield Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,000 SF
      1011 Fairfield Rd, Round Lake Beach, IL 60073-2379
      View Details
    • Value Estimation
      $420,000
      6,408 SF

      1627 Grv Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,408 SF
      1627 Grv Dr, Round Lake Beach, IL 60073-1999
      View Details
    • Value Estimation
      $245,000
      2,976 SF

      600 Avilon Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,976 SF
      600 Avilon Ave, Round Lake, IL 60073-3296
      View Details

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    Similar Nearby for Lease

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      1,586 SF

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      Spacious 3-bedroom townhome with modern kitchen and private outdoor deck.
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      Fairfield Lakes Townhome For Lease

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    • Contact for pricing

      Round Lake Beach Commercial Property

      Commercial property in Round Lake Beach with office and fenced yard.
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      Retail Space in Rollins Plaza

      Prime retail space in a high-traffic Round Lake Beach location.
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    • Contact for pricing

      Acre Site on Route 12

      Approximately 1 acre site with high traffic volume.
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      View Details
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    992 Fairfield Rd
    Round Lake Beach, IL 60073-2356
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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