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McHenry 60102 Merrill Algonquin Hills
1330 Cary Road
$221,000
● House - Off Market

1330 Cary Road

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,200 Ft²
$1,423
Est. Monthly
16.59%
Cap Rate

About This Property

Looking for a great opportunity with a fixer-upper that has amazing potential? This spacious 4-bedroom, 2-bathroom home offers the perfect blend of space, comfort, and the chance to make it truly your own.    Well-designed bathrooms are ready for your personal touch.  A large yard-ideal for gardening, hosting BBQs, or creating your dream outdoor retreat.  Ample living space with endless possibilities for updates and improvements.  Conveniently located near schools, parks, and local amenities.  Whether you're ready to renovate or looking for a project to create your dream home, this property is brimming with potential!    Don't miss out on this rare opportunity!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$175
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1971

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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: 2 years ago (MRED MLS #12260539)

Price History

Date / Event Date Event Price
Feb 14, 2025 Sold
Premium
Sold
Jan 14, 2025 In contract -
In contract
Jan 9, 2025 Listed by Baird & Warner $210,000
Listed by Baird & Warner

Property Highlights

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CO ALGONQUIN HILLS
  • Land Acres: 0000000172
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2017R0027066 LT 22 BLK 14 MERRILL, F E & CO ALGONQUIN HILLS UNIT 1

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871311

Geography

  • Parcel: 19-27-276-022
  • Block: 14
  • Lot: 22
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.179
  • Longitude: -88.2806

    Address

  • Full Address: 1330 Cary Rd
  • Legal Unit: 1
  • Address - House Number: 1330
  • Address - Street Name: Cary
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Algonquin
  • Carrier Code: R007
  • 4-Digit Zip Code: 3409
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $397,464
  • Tax Rate Code Area: 19031

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 217,223
  • High Value: 256,253
  • Low Value: 178,194

    Market Valuation

  • Market Total Value: $148,470
  • Market Land Value: $33,105
  • Market Improvement Value: $115,365

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,490
  • Assessed Land Value: $11,035
  • Assessed Improvements Value: $38,455

    Sales

  • Current Sale Contract Date: Jun 30, 2017
  • Current Sale Recording Date: Jul 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017R0027066
  • Previous Sale Recording Date: Apr 18, 2001
  • Previous Sale Contract Date: Apr 13, 2001
  • Previous Sale Amount: $124,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Merrill Algonquin Hills

Stats & Trends

Median Asking:

$405,000

Sale Price/ft²

$178

Above Asking

0.00%

Average Days on Market

40

Average Home Size

858 ft²

Average Home Age

22.5 years

Currently For Sale

2 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 1444 Seminole Road, Algonquin, IL, 60102

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,900 ft²
1444 Seminole Road, Algonquin, IL, 60102 Listing by Michael Mandile

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Cedric Jordan, Baird & Warner
Last Updated: 2 years ago
Data Source: MRED, MLS# 12260539
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 1330 Cary Road built and last sold?
The property at 1330 Cary Road was built in 1971 and last sold on Jun 30, 2017 for $140,000.
How much is this home worth?
The estimated value of the home located at 1330 Cary Road is $0.
What are some comparable homes to 1330 Cary Road?
There are currently no comparable homes to 1330 Cary Road.
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