NOT LISTED FOR SALE

722 S Mchenry Ave Crystal Lake, IL 60014

Estimated Value: $315,000 - $362,000

4 Beds
2 Baths
-- Sq Ft
0.29 Acres

Last Sold November 01, 2022

Last sale price $280,918

Est. 23% increase in value since last sale

Current estimated payment $2,544/month

Highlights

  • Community Lake
  • Deck
  • Back to Public Ground
  • Crystal Lake Central High School Rated A
  • Property is near a park
  • 2 Car Attached Garage

About This Home

As of November 2022

What a money maker! This home is perfect for an in-law or kids moving back situation, live in one and rent out the other to help make your payments OR a GREAT investment by renting the whole property out! You'll have income from both the upper and lower units! Each unit has its own kitchen, living room, 2 bedrooms and a full bath. There's a patio or deck overlooking the spacious yard, which backs to Cress Creek Park. The lower home has fresh paint! Don't miss this fabulous opportunity!

Last Agent to Sell the Property

Marj Carpenter

RE/MAX Suburban License #471003027 Listed on: 10/19/2022

RE/MAX Suburban

Last Buyer's Agent

Paul Hespen

Berkshire Hathaway HomeServices Starck Real Estate License #475136329

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,655

Year Built

  • Built in 1978

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 85x150
  • Back to Public Ground
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Patio

Schools

  • South Elementary School
  • Lundahl Middle School
  • Crystal Lake Central High School

Additional Features

  • Property is near a park
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Country Meadows Subdivision
  • Community Lake

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,655

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Country Meadows
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space

Exterior Features

  • ExteriorFeatures: Deck, Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Park Adjacent, Backs to Public GRND
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Lake, Water Rights, Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: South Elementary School
  • High School: Crystal Lake Central High School
  • Middle/Junior School: Lundahl Middle School

Lot Info

  • Lot Size Acres: 0.29
  • Lot Dimensions: 85X150
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 7655.24
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Nov 1, 2022
Sold by
Halgren Ronald E
Bought by
Alicia M Ragni Trust
Seller's Agent
Marj Carpenter
RE/MAX Suburban
Buyer's Agent
Paul Hespen
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$279,000
Sold Price
$280,918
Premium/Discount to List
$1,918
0.69%
Views
8
Current Estimated Value
$345,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,505
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Jun 30, 2000
Sold by
Webster Christine M and Kungie Christine M
Bought by
Halgren Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
8.55%
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
Alicia M Ragni Trust $281,000 --
Halgren Ronald E $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halgren Ronald E $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2022 11/01/22 Sold $280,918 +0.7% --
10/20/2022 10/20/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $279,000 -- --
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 $8,829 $104,290 $21,684 $82,606
2023 $8,588 $93,275 $19,394 $73,881
2022 $8,059 $85,084 $24,159 $60,925
2021 $7,655 $79,266 $22,507 $56,759
2020 $7,480 $76,460 $21,710 $54,750
2019 $6,331 $63,422 $20,779 $42,643
2018 $5,967 $58,588 $19,195 $39,393
2017 $5,958 $55,194 $18,083 $37,111
2016 $5,838 $51,767 $16,960 $34,807
2013 -- $51,529 $15,822 $35,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11655746

Midwest Real Estate Data (MRED)

APN: 19-07-276-009