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McHenry 60051 Liberty Trails
1609 Hillside Lane
$33,500
● Land - Off Market

1609 Hillside Lane

McHenry, IL 60051
bedrooms
Studio
bathrooms
0 Bath
$244
Est. Monthly
18.96%
Cap Rate

About This Property

Great Chance to Build your Dream House on this Nicely Improved Lot for Sale!  This Lot has water and sewer coming from the road and is located in a developed subdivision.  Perfect Inlay opportunity with this lot!
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
Land
Property Taxes
$72
HOA Dues
-
Year Built
-

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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.

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LINCOLN HILLS SUB
  • Land Acres: 0000000347
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: DOC 2010R0059392 LT 17 LINCOLN HILLS SUB

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870702

Geography

  • Parcel: 09-25-253-002
  • Lot: 17
  • Municipality: MCHENRY TWP
  • Latitude: 42.3511
  • Longitude: -88.2463

    Address

  • Full Address: 1609 Hillside Ln
  • Address - House Number: 1609
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R006
  • 4-Digit Zip Code: 3656
  • Zip Code: 60051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $82,370
  • Tax Rate Code Area: 09002

    Market Valuation

  • Market Total Value: $26,013
  • Market Land Value: $26,013

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,671
  • Assessed Land Value: $8,671

    Sales

  • Current Sale Contract Date: Dec 06, 2010
  • Current Sale Recording Date: Dec 22, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2010R0059392
  • Previous Sale Recording Date: Sep 28, 2010
  • Previous Sale Contract Date: Sep 17, 2010
  • Previous Sale Document Type: 42
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 Liberty Trails

Stats & Trends

Median Asking:

$514,900

Sale Price/ft²

$235

Above Asking

0.00%

Average Days on Market

32

Average Home Size

2205 ft²

Average Home Age

15.2 years

Currently For Sale

0 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

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MRED

Listed by: Gregory Klemstein, RE/MAX Plaza
Data Source: MRED, MLS# MRD12094983
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 1609 Hillside Lane built and last sold?
The property at 1609 Hillside Lane was built in and last sold on Dec 6, 2010 for $24,000.
How much is this home worth?
The estimated value of the home located at 1609 Hillside Lane is $35,350.
What are some comparable homes to 1609 Hillside Lane?
There are currently no comparable homes to 1609 Hillside Lane.
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