NOT LISTED FOR SALE

1410 N Riverside Dr McHenry, IL 60050

McHenry Area

Estimated Value: $437,615 - $490,000

5 Beds
3 Baths
-- Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: November 4, 2021

Last sale price $330,000

Est. 40% increase in value since last sale

Current estimated payment $3,406 / mo

75 Days on Market

Highlights

  • Lake Front
  • Deck
  • Farmhouse Style Home
  • Boat Slip
  • Property is near park
  • 1-minute walk to Weber's Park

About This Home

As of November 2021

This is a great investment opportunity for the savvy investor. This spacious 3 flat has 5 boat slips on the Fox River and is located in an area with superb growth. The last parcel before reaching the park at the end of the Riverwalk, this property owner-occupied currently. Many updates and improvements over the years.

Last Agent to Sell the Property

Shawn Strach

Dream Real Estate, Inc. License #471000585 Listed on: 06/18/2021

Dream Real Estate, Inc.

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,267

Year Built

  • Built in 1912

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 66 x 90
  • Lake Front
  • River Front
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Tideland Water Rights
  • Boat Slip
  • Deck

Location

  • Property is near park

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • 3 Unit

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,267

Year Built

Built in 1912

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Exterior Entry, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Aluminum Siding, Block
  • ExteriorFeatures: Boat Slip
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront Features: Lake Front, River Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Water Rights, Sidewalks, Street Lights, Street Paved
  • Conversion YN: Y

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 66 X 90
  • 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: 6267.04
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior Freeze,Other

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Nov 3, 2021
Sold by
Bought by
Seller's Agent
Shawn Strach
Dream Real Estate, Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$409,900
Sold Price
$330,000
Premium/Discount to List
-$79,900
-19.49%
Current Estimated Value
$461,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,654
Avg. Annual Appreciation
7.40%
Original Mortgage
$247,500
Outstanding Balance
$221,549
Interest Rate
2.88%
Mortgage Type
Commercial
Estimated Equity
$240,105

Purchase Details

Closed on
Nov 25, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,100
Interest Rate
6.22%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 Attorney
$118,900 Fatic
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $247,500
Previous Owner $128,000
Previous Owner $150,561
Previous Owner $100,000
Previous Owner $200,000
Previous Owner $95,100
Previous Owner $99,000
Previous Owner $60,000
Previous Owner $57,993
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/04/2021 11/04/21 Sold $330,000 -19.5% --
09/02/2021 09/02/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $409,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,942 $129,346 $36,682 $92,664
2023 $10,705 $115,880 $32,863 $83,017
2022 $10,212 $107,505 $30,488 $77,017
2021 $6,192 $100,117 $28,393 $71,724
2020 $6,267 $95,943 $27,209 $68,734
2019 $6,526 $91,105 $25,837 $65,268
2018 $7,253 $86,973 $24,665 $62,308
2017 $7,471 $81,627 $23,149 $58,478
2016 $8,398 $76,287 $21,635 $54,652
2013 -- $69,217 $21,300 $47,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11128444

Midwest Real Estate Data (MRED)

APN: 09-26-432-004

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