NOT LISTED FOR SALE

738 S Mchenry Ave Crystal Lake, IL 60014

Estimated Value: $346,197 - $429,000

4 Beds
2 Baths
-- Sq Ft
0.29 Acres

Last Sold March 15, 2024

Last sale price $286,000

Est. 37% increase in value since last sale

Current estimated payment $2,804/month

Highlights

  • 2 Car Attached Garage
  • Crystal Lake Central High School Rated A
  • Forced Air Heating System

About This Home

As of March 2024

Unlock the door to exceptional living and great investment returns with this beautifully appointed duplex in an unbeatable location, just a stone's throw away from vibrant shops. Each of these two meticulously crafted units boasts two bedrooms, one bath, a private patio, and a balcony. The bedrooms are carpeted to create a warm and inviting atmosphere. The kitchens boast an abundant cupboard space to help keep your cooking area tidy and clutter-free. The thoughtful layout of this duplex offers endless possibilities. Imagine living with your in-laws while maintaining your privacy, or seize the opportunity to live in one unit and rent out the other. And for savvy investors, you can explore the possibility of having both units rented out. The choice is yours! Adding to the appeal, a two-car garage ensures your vehicles are sheltered in style along with a coin-operated laundry facility in the property that saves you time and effort. Your exceptional lifestyle awaits you!

Last Agent to Sell the Property

Rocky Palmer

RE/MAX Plaza License #475132385 Listed on: 02/05/2024

RE/MAX Plaza

Last Buyer's Agent

Jeffery Stanish

Stanish, Jeffery B License #471001515

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,909

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 150x85x150x85

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,909

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
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • 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: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Dimensions: 150X85X150X85
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 7908.68
  • Tax Year: 2022

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 8, 2024
Sold by
Froeming Kenneth L and Froeming Lynn M
Bought by
Doughboy Capital Llc Vi
Seller's Agent
Rocky Palmer
RE/MAX Plaza
Buyer's Agent
Jeffery Stanish
Stanish, Jeffery B
List Price
$285,000
Sold Price
$286,000
Premium/Discount to List
$1,000
0.35%
Views
20
Current Estimated Value
$391,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,299
Avg. Annual Appreciation
21.35%
Original Mortgage
$228,800
Outstanding Balance
$168,332
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$222,967

Purchase Details

Closed on
Aug 22, 2013
Sold by
Froeming Kenneth L
Bought by
Froeming Kenneth L and Froeming Lynn M

Purchase Details

Closed on
Sep 25, 2001
Sold by
Froeming Beverly
Bought by
Froeming Beverly and Beverly Froeming Trust

Purchase Details

Closed on
Sep 7, 2000
Sold by
Home State Bank/National Assn
Bought by
Froeming Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.14%
Mortgage Type
Seller Take Back
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
Doughboy Capital Llc Vi $286,000 None Listed On Document
Froeming Kenneth L -- None Available
Froeming Beverly -- --
Froeming Beverly $180,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doughboy Capital Llc Vi $228,800
Previous Owner Froeming Beverly $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $286,000 +0.4% --
02/06/2024 02/06/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $285,000 -- --
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 $9,072 $107,164 $21,684 $85,480
2023 $8,825 $95,845 $19,394 $76,451
2022 $7,909 $83,493 $24,159 $59,334
2021 $7,512 $77,784 $22,507 $55,277
2020 $7,340 $75,030 $21,710 $53,320
2019 $7,658 $76,707 $20,779 $55,928
2018 $7,217 $70,861 $19,195 $51,666
2017 $7,206 $66,756 $18,083 $48,673
2016 $7,061 $62,611 $16,960 $45,651
2013 -- $48,312 $15,822 $32,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11967644

Midwest Real Estate Data (MRED)

APN: 19-07-276-011