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4968 Pine Meadow Pkwy, Loves Park, IL, 61111

8beds
4baths
4,568sqft
$599,900
$131price/sqft
$4,890/moest. monthly cost
$195,600/yrincome needed

About This Home

This is your rare opportunity to acquire a real money maker. Stable, long-term tenants anchor this building conveniently located near the I90/I39 corridor. Each unit offers its own private outdoor space with sliders from the living room, in unit laundry with washer and dryer included, large mudroom area with separate furnaces and water heaters. Private 1 car garages for tenants and ample parking for guests.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

3/10
5/10
Harlem Middle SchoolGrades 6-83.5 mi
4/10
Harlem High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1996

Materials

  • Roof: Shingle
  • Construction materials: Brick/Stone,Vinyl

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 - 4 Units

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Stove/Cooktop,Washer,Gas Water Heater
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 4,568

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,568
  • Total interior livable area: 4,568 sqft

Property

Details

  • Parcel number: 0834402013

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio

Parking

  • Total spaces: 4
  • Parking features: Additional Parking
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Hail
Inland Flooding
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance *$367$4,404
Property Taxes $1,139$13,668
Electricity $351$4,216
Total$4,890$58,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$167,657/yr
40% on housing$146,700/yr
45% on housing$130,400/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.0%
13.0%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$131This listing

vs Other Active Listings

Avg $/sqft

ZIP 61111$112
Winnebago County$120

vs Homes Sold Last Month

Median $/sqft

ZIP 61111$146
Winnebago County$121

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-06Pending sale$599,900
2026-08-03Listed for sale$599,900
2024-02-17Listing removed--
2024-02-12Price change$1,250
2024-01-18Listed for rent$1,200
2022-04-10Listing removed--
2022-03-20Listed for rent$1,100
2021-03-23Listing removed--
2021-03-17Listed for rent$895
2020-04-12Listing removed$895
2020-03-01Listed for rent$895
2019-04-02Listing removed$895
2019-03-08Listed for rent$895
2008-03-20Sold$315,000
2007-06-05Sold$275,000
1999-04-01Sold$229,000

For Sale by Agent

AgentLarry Holen
BrokerageDickerson & Nieman

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