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Single Family ResidenceResidential
$409,541$214 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $243,000 on Oct 28, 2005

240 SCHOOL DR

ROUND LAKE, IL 60073
3
Beds
3 / 1
Baths
1,916 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
1995
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$410K
$387K low$432K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$243,000 · Oct 28, 2005
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$203,241
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$162,593
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.52%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$166,300
SUNTRUST MORTGAGE INC · 4.6% · recorded Apr 23, 2014
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$40,000
CONSUMERS CU

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,528 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$103,451 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$17,969
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$85,482
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$90,423
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$310,384

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyLake
Lot (acres)The size of the land the home sits on, from county records.0.21
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 396 ft²Porch · 56 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Village Elementary SchoolC
Elementary · Grades 1–5 · 0.2 mi
M
John T. Magee Middle SchoolC-
Middle · Grades 6–8 · 0.8 mi
H
Round Lake High SchoolC
High · Grades 9–12 · 1.0 mi

District: Round Lake Community Unit School District 116

Neighborhood · ZIP 60073These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.80
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.91
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.55,828
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,687 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$83,400
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$103,944
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.35 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

240 School Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 83% of homes in Round Lake 60073
  • Costs more per square foot than 68% of homes in Round Lake 60073
  • Bigger than 78% of homes in Round Lake 60073
  • Has a bigger lot than 73% of homes in Round Lake 60073
  • Newer than 74% of homes in Lake County

What homes are worth in Round Lake 60073

Each bar is how many homes fall in that price range. The marker is this home.

This home
$137K$517K

This home is worth more than 83% of homes in Round Lake 60073.

How it measures up in Round Lake 60073

The dot is this home. The mark in the middle is the typical home in Round Lake 60073.

Estimated value$409,541
CheaperTypical $272,065Pricier

Pricier than 83% of homes nearby

Price per ft²$214
CheaperTypical $195Pricier

Pricier than 68% of homes nearby

Living area1,916 ft²
SmallerTypical 1,424 ft²Bigger

Bigger than 78% of homes nearby

Lot size0.21 ac
SmallerTypical 0.15 acBigger

Bigger than 73% of homes nearby

Year built1995
OlderTypical 1995Newer

Newer than 51% of homes nearby

How 240 School Dr ranks against every home in each area.
MeasureThis homeRound Lake 60073Lake County
Estimated valuepricier than$409,54183% of homes51% of homes
Price per ft²pricier than$21468% of homes38% of homes
Living areabigger than1,916 ft²78% of homes56% of homes
Lot sizebigger than0.21 ac73% of homes43% of homes
Year builtnewer than199551% of homes74% of homes

About 240 School Dr

How much is 240 School Dr, Round Lake, IL worth?

The TopHap Estimate for 240 School Dr, Round Lake, IL is $409,541 as of Jul 14, 2026. The likely range is $386,613 to $432,469. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 240 School Dr, Round Lake, IL last sell?

240 School Dr, Round Lake, IL last sold on Oct 28, 2005 for $243,000, according to the county's recorded deed.

How big is 240 School Dr, Round Lake, IL?

240 School Dr, Round Lake, IL has 3 bedrooms, 3 bathrooms, 1,916 square feet of living space and a 0.21-acre lot.

When was 240 School Dr, Round Lake, IL built?

240 School Dr, Round Lake, IL was built in 1995, making it 31 years old. It is a conventional home. The building has 2 stories.

What schools serve 240 School Dr, Round Lake, IL?

240 School Dr, Round Lake, IL is assigned to Village Elementary School (elementary), rated C; John T. Magee Middle School (middle), rated C-; Round Lake High School (high), rated C. All sit in Round Lake Community Unit School District 116. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 240 School Dr, Round Lake, IL compare to other homes in Round Lake 60073?

Among the 19,173 homes in Round Lake 60073, it is worth more than 83% of them ($409,541 against a typical $272,065), its price per square foot is higher than 68% of them ($214 against a typical $195), it is bigger than 78% of them (1,916 ft² against a typical 1,424 ft²), its lot is bigger than 73% of them (0.21 ac against a typical 0.15 ac) and it is newer than 51% of them (1995 against a typical 1995). Measured against all of Lake County, it is worth more than 51% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 240 School Dr, Round Lake, IL?

The 2024 property tax bill for 240 School Dr, Round Lake, IL was $7,528. The county assessed it at $103,451.

Closest homes

More homes in Round Lake 60073

Assigned schools

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