NOT LISTED FOR SALE

3020 W Il Route 120 McHenry, IL 60051

Estimated Value: $266,363

0.23 Acre
$1,158,100 Price per Acre
10,019 Sq Ft Lot

Last Sold October 27, 2023

Last sale price $25,000

Est. 965% increase in value since last sale

Current estimated payment $1,667/month

25 Days on Market

About This Lot

As of October 2023

Highly Visible Commercial Property zoned C-5. Cleared Corner on high traffic count Route 120 and Charles St. .23 acres. Electric, gas, and city water/sewer hookup nearby. Located in Town, Close to Everything. Priced Competitively. Home has city water/sewer hookup and could possibly be used for a larger building to be built on both lots and have access to water. Home is not incorporated in to the city and possibility it could be fully annexed into the city and rezoned commercial. Endless possibilities.

Last Agent to Sell the Property

Jesse Singh

RE/MAX SAWA License #475117365 Listed on: 09/15/2023

Last Buyer's Agent

Kevin Kalbach

Realty Executives Cornerstone License #475169849

Realty Executives Cornerstone

Property Details

Property Type

  • Land

Year Built

  • 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 66x110x82x124
  • Property fronts a highway
  • Corner Lot
  • Property is zoned COMMR

Home Design

  • Mixed Use

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Concrete
  • General Information: Commuter Train
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1900

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 66
  • Frontage Type: City Street, State Road, US Highway
  • List Price: 29900
  • Waterfront: No

Utilities

  • Utilities: Electric Nearby, Gas Nearby

Schools

  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Dimensions: 66X110X82X124
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1954.02
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Nov 13, 2023
Sold by
Ghotra Baldev
Bought by
Gaona Jose Luis
Seller's Agent
Jesse Singh
RE/MAX SAWA
Buyer's Agent
Kevin Kalbach
Realty Executives Cornerstone
List Price
$49,900
Sold Price
$25,000
Premium/Discount to List
-$24,900
-49.9%
Total Days on Market
25
Views
47
Current Estimated Value
$266,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,363
Avg. Annual Appreciation
326.96%

Purchase Details

Closed on
Feb 22, 2007
Sold by
Schultz Allen F and Schultz Ross
Bought by
Bickey Corp
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
Gaona Jose Luis $25,000 Pro Title Group
Bickey Corp $200,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $25,000 -16.4% --
10/11/2023 10/11/23 Pending -- -- --
09/23/2023 09/23/23 Price Changed $29,900 -40.1% --
09/15/2023 09/15/23 For Sale $49,900 -- --
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
2023 $2,135 $23,117 $23,117 --
2022 $2,037 $21,446 $21,446 $0
2021 $1,954 $19,972 $19,972 $0
2020 $1,895 $19,139 $19,139 $0
2019 $1,874 $18,174 $18,174 $0
2018 $1,988 $17,350 $17,350 $0
2017 $1,922 $16,283 $16,283 $0
2016 $1,871 $15,218 $15,218 $0
2013 -- $14,982 $14,982 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11886118

Midwest Real Estate Data (MRED)

APN: 09-25-353-016