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McHenry 60050 Boone Valley
1112 Manchester Mall
$289,000
● House - Off Market

1112 Manchester Mall

McHenry, IL 60050
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$1,850
Est. Monthly
6.51%
Cap Rate

About This Property

Wow! This 2 Bedroom 2 Bathroom ranch will not disappoint! Primary Bedroom has 2 closets, one being a walk-in closet.  House has had many updates in the past 10yrs, kitchen with granite countertops, roof, A/C, Furnace, stove, refrigerator, flooring light fixtures, fans and recently painted.  2 car garage with epoxy floor and heater. Back yard has a deck, shed, a hot tub is negotiable, and the yard is completely fenced. This home is waiting for you to make it yours.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$215
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1968

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #12040859)

Price History

Date / Event Date Event Price
May 30, 2024 Sold
Premium
Sold
Apr 26, 2024 Listed by ILrealty, Inc. Kurchina & Assoc. $289,000
Listed by ILrealty, Inc. Kurchina & Assoc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • 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: 1,344
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,688
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOONE VALLEY PLAT 1
  • Land Acres: 0000000224
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2003R0029892 LT 39 BLK 2 BOONE VALLEY PLAT 1

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870606

Geography

  • Parcel: 09-27-476-031
  • Block: 2
  • Lot: 39
  • Municipality: MCHENRY TWP
  • Latitude: 42.343
  • Longitude: -88.2808

    Address

  • Full Address: 1112 Manchester Mall
  • Address - House Number: 1112
  • Address - Street Name: Manchester
  • Address - Suffix Type: Mall
  • State: IL
  • City Name: Mchenry
  • Carrier Code: C003
  • 4-Digit Zip Code: 4231
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $516,872
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 258,470
  • High Value: 304,211
  • Low Value: 212,729

    Market Valuation

  • Market Total Value: $181,233
  • Market Land Value: $32,052
  • Market Improvement Value: $149,181

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,411
  • Assessed Land Value: $10,684
  • Assessed Improvements Value: $49,727

    Sales

  • Current Sale Contract Date: Feb 20, 2003
  • Current Sale Recording Date: Mar 07, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2003R0029892
  • Previous Sale Recording Date: Mar 09, 2000
  • Previous Sale Contract Date: Mar 08, 2000
  • Previous Sale Amount: $118,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$287,500

Sale Price/ft²

$186

Below Asking

0.01%

Average Days on Market

36

Average Home Size

1180 ft²

Average Home Age

50 years

Currently For Sale

8 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 1815 Beach Road, McHenry, IL, 60050

$2,025 /mo

  • 3 Beds
  • 1 Bath
  • 1,088 ft²
1815 Beach Road, McHenry, IL, 60050 Listing by Dylan Strach
Unit for rent at 5305 Cobblers Crossing, McHenry, IL, 60050

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,568 ft²
5305 Cobblers Crossing, McHenry, IL, 60050 Listing by Sharon Luo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jill Glaves, ILrealty, Inc. Kurchina & Assoc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 12040859
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 1112 Manchester Mall built and last sold?
The property at 1112 Manchester Mall was built in 1968 and last sold on Feb 20, 2003 for $151,000.
How much is this home worth?
The estimated value of the home located at 1112 Manchester Mall is $289,360.
What are some comparable homes to 1112 Manchester Mall?
There are currently no comparable homes to 1112 Manchester Mall.
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