NOT LISTED FOR SALE

103 W Riverside Dr McHenry, IL 60051

Estimated Value: $251,000 - $298,000

3 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold November 12, 2019

Last sale price $120,000

Est. 109% increase in value since last sale

Current estimated payment $1,871/month

203 Days on Market

Highlights

  • Paved or Partially Paved Lot
  • Heating Available
  • 3-minute walk to Heritage Community Park

About This Home

As of November 2019

2-Flat located in Downtown Lakemoor. New: Roof, Windows, carpeting, wood-laminate flooring, water heater. Ready for sale and occupancy, either by owners, or by investor tenants. Located close to Route 12 and the new Woodman's Development at Route 12 and Route 120. Good schools and abundant retail shopping close by. Across the street from Lily Lake boating, picnicking, and recreation. This is a rare opportunity in either McHenry County or Lake County (close by). C4 Zoning with allowed use as residential apartment rental...please see Zoning Memo attached.

Last Agent to Sell the Property

Tom Zarnek

TNT Realty, Inc. License #471005008 Listed on: 03/14/2019

Last Buyer's Agent

Irma L Hernandez

Coldwell Banker Realty License #475180496

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,830

Year Built

  • Built in 1950 | Remodeled in 2018

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 100 x 44 x 112 x 91
  • Paved or Partially Paved Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Heating Available
  • Well

Community Details

  • 2 Units
  • 2 Flat Apartment Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,830

Year Built

Built in 1950 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 125000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Private Well

Condo/Co-op/Association

  • Community Features: Street Paved

Schools

  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 100 X 44 X 112 X 91
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5830
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Nov 1, 2019
Sold by
Blaschak Richard J and Blaschak Carol J
Bought by
Estrada Alicia Lara
Seller's Agent
Tom Zarnek
TNT Realty, Inc.
Buyer's Agent
Irma L Hernandez
Coldwell Banker Realty
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Current Estimated Value
$251,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,058
Avg. Annual Appreciation
13.56%
Original Mortgage
$114,000
Outstanding Balance
$101,451
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$147,795

Purchase Details

Closed on
Nov 19, 2018
Sold by
Blaschak Richard J and Blaschak Carol J
Bought by
Blaschak Richard J and Blaschak Carol J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Estrada Alicia Lara $120,000 None Available
Blaschak Richard J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Alicia Lara $114,000
Previous Owner Blaschak Richard J $128,846
Previous Owner Blaschak Richard J $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $120,000 -4.0% --
10/03/2019 10/03/19 Pending -- -- --
09/11/2019 09/11/19 Price Changed $125,000 -3.8% --
08/05/2019 08/05/19 Price Changed $130,000 -3.7% --
06/18/2019 06/18/19 Price Changed $135,000 -3.6% --
03/14/2019 03/14/19 For Sale $140,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,031 $80,261 $6,970 $73,291
2023 $5,799 $71,905 $6,244 $65,661
2022 $5,677 $66,709 $5,793 $60,916
2021 $5,377 $62,124 $5,395 $56,729
2020 $5,176 $59,534 $5,170 $54,364
2019 $5,704 $56,532 $4,909 $51,623
2018 $6,040 $53,968 $4,686 $49,282
2017 $5,830 $50,650 $4,398 $46,252
2016 $5,664 $47,336 $4,110 $43,226
2013 -- $33,034 $4,047 $28,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10307658

Midwest Real Estate Data (MRED)

APN: 10-32-482-012