Why Live in Colby Point
Colby Point in Prairie Grove is a serene neighborhood nestled along the western banks of the Fox River, characterized by its tranquil, almost-rural atmosphere. Residents enjoy proximity to downtown McHenry while relishing the peaceful, tucked-away life on the river. The neighborhood is known for its natural beauty, with the 629-acre Stickney Run Conservation Area offering 1.25 miles of wooded trails and various outdoor programs throughout the year. Boating is a popular pastime, with private backyard docks and rentals available from Fish Tales Concessions. The area features narrow, one-lane roads lined with thick forestry and patches of wild grass, adding to its pastoral charm. Homes, built over the last 120 years, range from ranch to new traditional styles, with ample space for watercraft storage. Local produce is readily available from residential farms like Garden Thyme and a roadside farm on South Green Street. Dining options include the popular Brunch Café-McHenry and Kief’s Reef, known for its award-winning chicken wings. The community is served by Prairie Grove Central School District No. 46 and McHenry Community High School District No. 156, with McHenry High School maintaining a high rating. State Route 31 provides convenient access to Chicago, 60 miles away, and Chicago O’Hare International Airport, 44 miles away. Nearby amenities include The Shops at Fox River, Jewel-Osco, and Northwestern Medicine McHenry Hospital, located just 2 miles away.
Frequently Asked Questions
Is Colby Point a good place to live?
Colby Point is a good place to live. Colby Point is considered very car-dependent and somewhat bikeable. Colby Point is a suburban neighborhood. Colby Point has 7 parks for recreational activities. It is sparse in population with 0.6 people per acre and a median age of 42. The average household income is $93,981 which is below the national average. College graduates make up 9.5% of residents. A majority of residents in Colby Point are home owners, with 15.6% of residents renting and 84.4% of residents owning their home. A
local real estate agent serving Colby Point can help you decide if this neighborhood is the right one for you. Learn more on our
Colby Point neighborhood guide.
How much do you need to make to afford a house in Colby Point?
The median home price in Colby Point is $344,000. If you put a 20% down payment of $68,800 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,700 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $73K a year to afford the median home price in Colby Point. The average household income in Colby Point is $94K.
What are the best public schools in Colby Point?
The best public schools that serve Colby Point are:
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Home Trends in Colby Point, IL
On average, homes in Colby Point, Prairie Grove sell after 20 days on the market compared to the national average of 52 days. The median sale price for homes in Colby Point, Prairie Grove over the last 12 months is $329,000, up 18% from the median home sale price over the previous 12 months.
Median Sale Price
$329,000
Median Single Family Sale Price
$324,450
Average Price Per Sq Ft
$169
Number of Homes for Sale
1
Last 12 months Home Sales
5
Median List Price
$344,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
18%