For SaleRisky Deal15 days on market
220 Lakewood Dr
220 Lakewood Dr, Cary, IL 60013, Cary, IL 60013
$349,500
Estimate®:$348,100
Listing Price
220 Lakewood Dr, Cary, IL 60013
Loc: Cary, IL
Days Listed
15
Tax Assessed
$268k
Estimate®
$348k
Market Rate
Lot Size
6901.00 acres
Rent Estimate
$2,790/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Prairie Grove Elementary School
PK-4
1.2 mi away
6
Prairie Grove Junior High School
5-8
1.2 mi away
9
Prairie Ridge High School
9-12
4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storydark wood sidingattached garagesuburbanlarge mature treesspacious lawngabled rooflandscapedmid-century rootsquiet neighborhoodgravel drivewaycozy aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.28%
Total ROI
73.7%
Cash Flow
$-274/mo
DSCR
0.85
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-274/mo net cash flow with a 5.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Cary, IL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-09 | Listed for sale | $349,500 | $280 |
| 2001-06-18 | Sold | $175,000 | $140 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,569.34 | $89,369 |
| 2024 | $6,267.86 | $81,623 |
| 2023 | $6,143.16 | $73,198 |
| 2022 | $6,488.84 | $73,515 |
| 2021 | $6,113.16 | $68,925 |
| 2020 | $6,017.86 | $66,859 |
| 2019 | $0 | $63,567 |
| 2018 | $5,185.92 | $56,142 |
| 2017 | $5,073.54 | $53,786 |
| 2016 | $5,005.7 | $51,317 |
| 2013 | $5,005.7 | $48,839 |
| 2011 | $0 | $60,121 |
| 2010 | $0 | $64,771 |
| 2009 | $0 | $68,972 |
| 2008 | $0 | $68,972 |
| 2006 | $0 | $64,028 |
| 2005 | $4,286.68 | $61,148 |
| 2004 | $4,116.24 | $57,513 |
| 2003 | $3,882.36 | $53,191 |
| 2002 | $3,643.88 | $49,968 |
| 2001 | $3,219.98 | $45,008 |
| 2000 | $2,884.84 | $43,103 |
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