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McHenry 60050
1617 N Riverside Drive
Photo of 1617 N Riverside Drive

23

Map

Photo of 1617 N Riverside Drive
Photo of 1617 N Riverside Drive
$315,000
● House - In Contract

1617 N Riverside Drive

McHenry, IL 60050
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,584 Ft²
$2,035
Est. Monthly

About This Property

Awesome Vintage home with Fox river views! Great doors with glass knobs! Hardwood flooring! Oversized trim and baseboards! Dining room with china cabinet! Updated kitchen with maple cabinets, granite countertop, back splash, and stainless steel appliances! Lots of storage in landing in stairs and second floor! Walk-in closets in bedrooms!! Basement with 3 rooms! Natural gas Flat top Weber grill included!  CHOICE PLAN HOME WARRANTY INCLUDED! New dishwasher 2026, all other appliances 2021! Bench and shelving stay in basement room on right. Mountings with TVs stay! Walking distance to great restaurants and park! Only 1 of 4 homes with river rights!
Unit Size
1,584 Ft²
Days on Market
-
Land Size
-
Price per sqft
$199
Property Type
House
Property Taxes
$488
HOA Dues
-
Year Built
1922

Listed By

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Cap Rate Calculator

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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.

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached, Garage, Yes
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Rooms: 6
Basement: Partially Finished, Full
Exterior Details
Square Footage: 1584
Square Footage Source: $0
Architectural Style: Bungalow
Year Built: 1922
Waterbody Name: FOX RIVER
Construction Materials: Vinyl Siding
Lot Size Dimensions: 51x132
Water Source: Public
Financial Details
Tax Annual Amount: $5,850
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 800
  • Garage Type: 7
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,384
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIG PLAT MCHENRY
  • Land Acres: 0000000154
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2003R0055712 LT 8 BLK 2 SNYDERS SUB BLKS 1 & 2 ORIG PLAT MCHENRY (WEST SIDE FOX RIVER)

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870604

Geography

  • Parcel: 09-26-427-012
  • Block: 2,1
  • Lot: 8
  • Municipality: MCHENRY TWP
  • Latitude: 42.3497
  • Longitude: -88.2601

    Address

  • Full Address: 1617 N Riverside Dr
  • Address - House Number: 1617
  • Street Direction: N
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: C009
  • 4-Digit Zip Code: 4555
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $530,418
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 255,090
  • High Value: 300,066
  • Low Value: 210,113

    Market Valuation

  • Market Total Value: $185,511
  • Market Land Value: $23,253
  • Market Improvement Value: $162,258

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,837
  • Assessed Land Value: $7,751
  • Assessed Improvements Value: $54,086

    Sales

  • Current Sale Contract Date: Aug 20, 1999
  • Current Sale Recording Date: Aug 24, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1999R0060154
  • Previous Sale Recording Date: Mar 10, 1997
  • Previous Sale Contract Date: Mar 05, 1997
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 69
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 McHenry

Stats & Trends

Median Asking:

$329,000

Sale Price/ft²

$194

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2199 ft²

Average Home Age

34.6 years

Currently For Sale

67 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 3929 Main Street, McHenry, IL, 60050

$1,495 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
3929 Main Street #2, McHenry, IL, 60050 Listing by Stephen Poltera
Unit for rent at 2302 Manor Lane, McHenry, IL, 60051

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
2302 Manor Lane, McHenry, IL, 60051 Listing by Sarah Leonard

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joyce Konnerth, Konnerth Realty Group
Data Source: MRED, MLS# MRD12770216
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 1617 North Riverside Drive built and last sold?
The property at 1617 North Riverside Drive was built in 1922 and last sold on Aug 20, 1999 for $123,000.
How much is this home worth?
The estimated value of the home located at 1617 North Riverside Drive is $317,484.
What are some comparable homes to 1617 North Riverside Drive?
There are currently no comparable homes to 1617 North Riverside Drive.
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