NOT LISTED FOR SALE

3704 Waukegan Rd McHenry, IL 60050

Estimated Value: $203,000 - $267,000

3 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold July 13, 2018

Last sale price $100,000

Est. 142% increase in value since last sale

Current estimated payment $1,816/month

38 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 1-minute walk to Walsh Park

About This Home

As of July 2018

Great investment opportunity knocking. In down town McHenry. Teneants pay utilities and Owner pays water and sewer...

Last Listed By

Rocky Palmer

RE/MAX Plaza License #475132385 Listed on: 04/16/2018

RE/MAX Plaza

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,871

Year Built

  • Built in 1918

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 52x132x52x132

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,871

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • 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: Stone
  • List Price: 100000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 52X132X52X132
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Multi Family

  • GrossIncome: 750
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4871.46
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jul 12, 2018
Sold by
Freund Mark R
Bought by
Alva Michael
Seller's Agent
Rocky Palmer
RE/MAX Plaza
Buyer's Agent
John Crouse
john greene, Realtor
List Price
$106,000
Sold Price
$100,000
Premium/Discount to List
-$6,000
-5.66%
Total Days on Market
38
Current Estimated Value
$241,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,668
Avg. Annual Appreciation
13.53%
Original Mortgage
$85,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2018
Sold by
First Midwest Bank
Bought by
Freund Mark R and Paul M Freund Trust

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
Alva Michael $100,000 Fidelity National Title
Freund Mark R -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alva Michael $130,240
Closed Alva Michael $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $100,000 0.0% --
05/24/2018 05/24/18 Pending -- -- --
05/08/2018 05/08/18 Price Changed $100,000 -5.7% --
04/30/2018 04/30/18 For Sale $106,000 +6.0% --
04/23/2018 04/23/18 Off Market $100,000 -- --
04/16/2018 04/16/18 For Sale $106,000 -- --
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
2023 $5,559 $60,173 $9,217 $50,956
2022 $5,303 $55,824 $8,551 $47,273
2021 $5,086 $51,987 $7,963 $44,024
2020 $4,933 $49,820 $7,631 $42,189
2019 $4,878 $47,308 $7,246 $40,062
2018 $5,176 $45,162 $6,917 $38,245
2017 $5,003 $42,386 $6,492 $35,894
2016 $4,871 $39,613 $6,067 $33,546
2013 -- $39,002 $5,974 $33,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09918020

Midwest Real Estate Data (MRED)

APN: 09-26-380-010