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McHenry 60050 Boone Valley
1021 Hanley Street
$200,000
● House - Off Market

1021 Hanley Street

McHenry, IL 60050
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,311 Ft²
$150,251
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

You will love this ranch home located in the town of McHenry, which features a separate laundry room, fireplace, and a crawlspace for storage.  The primary bedroom has a full bathroom with jetted tub as well as 2 closets for storage. 2 skylights bring in natural light and brighten up the hall bathroom as well as the kitchen. The 3 season room overlooks the fenced and landscaped back yard and there is also a shed for even more storage. The location of this home is only a .5 miles from shopping, .3 miles from a park, and .4 miles from Rt 120. Come and make this house your home today! This is a Fannie Mae HomePath property.
Unit Size
1,311 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$114
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11739817)

Price History

Date / Event Date Event Price
Jun 8, 2023 Sold
Premium
Sold
Mar 16, 2023 Listed by Realty Executives Cornerstone $150,000
Listed by Realty Executives Cornerstone

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,311
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 2,622
  • Building Area: 1,311
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,311
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOONE VALLEY PLAT NO 5
  • Land Acres: 0000000225
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2023R0001120 LT 24 BOONE VALLEY PLAT NO 5

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870605

Geography

  • Parcel: 09-34-201-005
  • Block: 201
  • Lot: 24
  • Municipality: MCHENRY TWP
  • Latitude: 42.3426
  • Longitude: -88.2845

    Address

  • Full Address: 1021 Hanley St
  • Address - House Number: 1021
  • Address - Street Name: Hanley
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mchenry
  • Carrier Code: C003
  • 4-Digit Zip Code: 5246
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $465,452
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 243,071
  • High Value: 287,218
  • Low Value: 198,924

    Market Valuation

  • Market Total Value: $179,994
  • Market Land Value: $31,917
  • Market Improvement Value: $148,077

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,998
  • Assessed Land Value: $10,639
  • Assessed Improvements Value: $49,359

    Sales

  • Current Sale Contract Date: Jun 05, 2023
  • Current Sale Recording Date: Jun 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 13918
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Boone Valley

Stats & Trends

Median Asking:

$289,000

Sale Price/ft²

$189

Below Asking

0.01%

Average Days on Market

36

Average Home Size

1004 ft²

Average Home Age

49.9 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1716 Parklane Avenue, McHenry, IL, 60050

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,345 ft²
1716 Parklane Avenue, McHenry, IL, 60050 Listing by Michael Ibarra
Unit for rent at 5404 Glenbrook Trail, McHenry, IL, 60050

$2,895 /mo

  • 3 Beds
  • 2 Baths
  • 2,109 ft²
5404 Glenbrook Trail, McHenry, IL, 60050 Listing by Richard O'Connor

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Richard O'Connor, Realty Executives Cornerstone
Last Updated: 3 years ago
Data Source: MRED, MLS# 11739817
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1021 Hanley Street built and last sold?
The property at 1021 Hanley Street was built in 1978 and last sold on Jun 5, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 1021 Hanley Street is $0.
What are some comparable homes to 1021 Hanley Street?
There are currently no comparable homes to 1021 Hanley Street.
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