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McHenry 60152
1918 Deerpass Road
$630,000
● House - Off Market

1918 Deerpass Road

Marengo, IL 60152
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,500 Ft²
$3,817
Est. Monthly
4.99%
Cap Rate

About This Property

This scenic home sits on over 5 acres with it's own stocked pond. The property itself features an in-law suite as well as an approximate 36x24 unfinished space ready for your finishing touches. The property features a large 2 story barn with cement floor, it's own heat source, and full workshop area. Also the property features a 2nd fully finished outbuilding setup for office space or a private recreational center. All of this in beautiful unincorporated Marengo.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
5.15 acres
Price per sqft
$254
Property Type
House
Property Taxes
$699
HOA Dues
-
Year Built
1982

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • 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 Count: 200
  • Living Units: 1
  • 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: 217,800
  • Total Building Area: 2,064
  • Gross Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2005R0034927 & 2001R0094689 S1/2 W1/2 S1/2 GOV LT 2 SW1/4 LYING N OF S 660.60FT MEMO: KENNY, KENNETH J JR/STEPHANIE L 1/2 INT BY DOCS 2005R0034927 & 2001R0094689 MEMO: PT DEERPASS RD DEDICATED PER DOC 1969R0508253

Neighborhood

  • School District Name: Marengo Community High School District 154
  • Census Tract: 871502

Geography

  • Parcel: 12-07-300-013
  • Block: 300
  • Lot: 2
  • Municipality: SENECA TWP
  • Latitude: 42.2999
  • Longitude: -88.5877

    Address

  • Full Address: 1918 Deerpass Rd
  • Address - House Number: 1918
  • Address - Street Name: Deerpass
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Marengo
  • Carrier Code: R004
  • 4-Digit Zip Code: 8009
  • Zip Code: 60152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $815,626
  • Tax Rate Code Area: 12002

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 481,425
  • High Value: 556,530
  • Low Value: 406,319

    Market Valuation

  • Market Total Value: $356,595
  • Market Land Value: $115,062
  • Market Improvement Value: $241,533

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $118,865
  • Assessed Land Value: $38,354
  • Assessed Improvements Value: $80,511

    Sales

  • Current Sale Contract Date: Sep 07, 2001
  • Current Sale Recording Date: Oct 11, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2001R0076168
  • Previous Sale Recording Date: Jun 01, 2001
  • Previous Sale Contract Date: May 25, 2001
  • Previous Sale Amount: $210,000
  • 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 McHenry

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2489 ft²

Average Home Age

35.5 years

Currently For Sale

650 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: Julie Dahl, Real 1 Realty
Data Source: MRED, MLS# MRD12199253
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 1918 Deerpass Road built and last sold?
The property at 1918 Deerpass Road was built in 1982 and last sold on Sep 7, 2001 for $255,000.
How much is this home worth?
The estimated value of the home located at 1918 Deerpass Road is $0.
What are some comparable homes to 1918 Deerpass Road?
There are currently no comparable homes to 1918 Deerpass Road.
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