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McHenry 60051 Liberty Trails
1612 HILLSIDE Lane
$27,000
● Land - Off Market

1612 HILLSIDE Lane

McHenry, IL 60051
bedrooms
Studio
bathrooms
0 Bath
$31,913
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Great location close to downtown McHenry to enjoy restaurants, entertainment, and the Riverwalk.  Lot is .28 acre and in an established neighborhood. Walking distant to the Elementary and Middle school. Water and sewer are there.
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$71
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: 12,197
  • 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: 0000000278
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: DOC 2010R0059393 LT 4 LINCOLN HILLS SUB

Neighborhood

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

Geography

  • Parcel: 09-25-254-011
  • Lot: 4
  • Municipality: MCHENRY TWP
  • Latitude: 42.3514
  • Longitude: -88.2456

    Address

  • Full Address: 1612 Hillside Ln
  • Address - House Number: 1612
  • 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: $91,878
  • Tax Rate Code Area: 09002

    Market Valuation

  • Market Total Value: $29,016
  • Market Land Value: $29,016

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,672
  • Assessed Land Value: $9,672

    Sales

  • Current Sale Contract Date: Jul 19, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17722
  • Previous Sale Recording Date: Dec 22, 2010
  • Previous Sale Contract Date: Dec 03, 2010
  • Previous Sale Amount: $24,000
  • Previous Sale Document Type: 71
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: Brandy Schuldt, Keller Williams North Shore West
Data Source: MRED, MLS# MRD11392201
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 1612 Hillside Lane built and last sold?
The property at 1612 Hillside Lane was built in and last sold on Jul 19, 2023 for $27,000.
How much is this home worth?
The estimated value of the home located at 1612 Hillside Lane is $0.
What are some comparable homes to 1612 Hillside Lane?
There are currently no comparable homes to 1612 Hillside Lane.
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