NOT LISTED FOR SALE

302 Front St McHenry, IL 60050

Estimated Value: $2,922,790

4.09 Acres
$714,619 Price per Acre
178,160 Sq Ft Lot

Last Sold March 06, 2015

Last sale price $275,000

Est. 963% increase in value since last sale

Current estimated payment $19,532/month

About This Lot

As of March 2015

FABULOUS DEVELOPMENT OPPORTUNITY RIGHT IN TOWN. THIS IS A GREAT3 ACRE PIECE, ZONED OFFICE, BUT COULD POSSIBLY CHANGE TO MULTI-FAMILY OR EVEN A COMMERCIAL STRIP. PRICED TO SELL AND THE LAND IS ALL GOOD, HI AND DRY. PRICED AT $2.10 PER SQ. FT. VERY GOOD BUY!!!!! 227 FEET OF ROAD FRONTAGE ON RT 31 TENANT HOUSE GETS $1000 RENT PER MO.

Last Agent to Sell the Property

David Gelwicks

CENTURY 21 Roberts & Andrews Listed on: 03/06/2015

Last Buyer's Agent

David Gelwicks

CENTURY 21 Roberts & Andrews Listed on: 03/06/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $49,160

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$49,160

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Estate
  • Potential Use: Commercial, Condominium, Office and Research, Planned Unit Development, Residential-Multi-Family, Retail, Zoning Change Required
  • Total Listed Lots Avail: 1
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site
  • Zoning Type: COMMR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 2.0-2.99 Acres
  • Acreage: 4.09
  • Frontage Access: State Road
  • Front Footage: 227

Schools

  • School District: 156
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 227X568
  • Estimated Land Sq Ft: 178160
  • Parcel Identification Number: 0935352020

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 13710.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2016
Sold by
Landmark Infrastructure Holding Company
Bought by
Ld Acquisition Company 14 Llc
Current Estimated Value
$2,922,790

Purchase Details

Closed on
Mar 7, 2016
Sold by
Mchenry Battery Real Estate Llc
Bought by
Landmark Infrastructure Holding Company

Purchase Details

Listed on
Mar 6, 2015
Closed on
Mar 5, 2015
Sold by
Mchenry Battery Real Estate Llc
Bought by
Gerstad Edward B and Gerstad Alison D
Seller's Agent
David Gelwicks
CENTURY 21 Roberts & Andrews
Buyer's Agent
David Gelwicks
CENTURY 21 Roberts & Andrews
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.57%

Purchase Details

Listed on
Mar 6, 2015
Closed on
Mar 3, 2015
Sold by
Gerstad Edward B and Gerstad Alison D
Bought by
Mchenry Battery Real Estate Llc
Seller's Agent
David Gelwicks
CENTURY 21 Roberts & Andrews
Buyer's Agent
David Gelwicks
CENTURY 21 Roberts & Andrews
List Price
$275,000
Sold Price
$275,000

Purchase Details

Closed on
Apr 3, 2009
Sold by
First Midwest Bank
Bought by
Gerstad Edward B and Gerstad Alison D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ld Acquisition Company 14 Llc -- Fidelity Natl Title Group
Landmark Infrastructure Holding Company $1,400,000 Chicago Title Insurance Co
Gerstad Edward B -- Chicago Title
Mchenry Battery Real Estate Llc $275,000 Chicago Title
Gerstad Edward B -- Heritage Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerstad Edward B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2015 03/06/15 Sold $275,000 0.0% --
03/06/2015 03/06/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $275,000 -- --
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 $49,160 $581,129 $178,739 $402,390
2023 $48,094 $520,632 $160,132 $360,500
2022 $45,883 $483,006 $148,559 $334,447
2021 $44,009 $449,810 $138,349 $311,461
2020 $42,686 $431,059 $132,582 $298,477
2019 $42,209 $409,324 $125,897 $283,427
2018 $44,782 $390,763 $120,188 $270,575
2017 $43,291 $366,742 $112,800 $253,942
2016 $42,150 $342,750 $105,421 $237,329
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Gelwicks

    CENTURY 21 Roberts & Andrews

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08854505

Midwest Real Estate Data (MRED)

APN: 09-35-352-027

Illinois McHenry County McHenry 60050

302 Front St, McHenry, IL

This home is located at 302 Front St, McHenry, IL 60050 since 06 March 2015 and is currently estimated at $2,922,790. 302 Front St is a home located in McHenry County with nearby schools including Edgebrook Elementary School, Chauncey H Duker School, and Mchenry Middle School.

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