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McHenry 60152 Riley Creek
20218 Halverson Drive
$45,000
● Land - Off Market

20218 Halverson Drive

Marengo, IL 60152
bedrooms
Studio
bathrooms
0 Bath
$62,436
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Riley Creek Subdivision lot 9 is 2.83 acres.     Homes require 2000 s.f.  for 1 story,   2400 for 1&1/2 story and 2600 for 2 story.   Accessory buildings ARE allowed up to 1500 s.f.    Put your man-cave in the back yard.     Good schools, easy toll way access. Enjoy the country lifestyle. 21 lots to chose from. Aprox. 2 to 7 acres.   New interchange open at Rt. 23.
Unit Size
-
Days on Market
-
Land Size
2.82 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2
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.

Last updated: 3 years ago (MRED MLS #10836252)

Price History

Date / Event Date Event Price
Sep 29, 2021 Sold
Premium
Sold
Aug 26, 2020 Listed by Hometown Realty, Ltd. $55,000
Listed by Hometown Realty, Ltd.

Property Highlights

Building Info

Overview

    General

  • 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 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: 122,839
  • 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: A
  • Subdivision: RILEY CREEK
  • Land Acres: 0000002820
  • Standard Land Use Code: 7001
  • County Land Use Code: 0021
  • Legal Description 1: DOC 2021R0052424 LT 9 RILEY CREEK

Neighborhood

  • School District Name: Marengo Community High School District 154
  • Census Tract: 871004

Geography

  • Parcel: 16-24-226-002
  • Lot: 9
  • Municipality: RILEY TWP
  • Latitude: 42.1965
  • Longitude: -88.5917

    Address

  • Full Address: 20218 Halverson Dr
  • Address - House Number: 20218
  • Address - Street Name: Halverson
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Marengo
  • Carrier Code: R002
  • 4-Digit Zip Code: 8400
  • Zip Code: 60152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,034
  • Tax Rate Code Area: 16001

    Market Valuation

  • Market Total Value: $1,515
  • Market Land Value: $1,515

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $505
  • Assessed Land Value: $505

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021R0052424
  • Previous Sale Recording Date: Nov 06, 2015
  • Previous Sale Contract Date: Mar 09, 2015
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: 68
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 Riley Creek

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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MRED

Listed by: Thomas Jurs, Hometown Realty, Ltd.
Last Updated: 3 years ago
Data Source: MRED, MLS# 10836252
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 20218 Halverson Drive built and last sold?
The property at 20218 Halverson Drive was built in and last sold on Sep 15, 2021 for $45,000.
How much is this home worth?
The estimated value of the home located at 20218 Halverson Drive is $0.
What are some comparable homes to 20218 Halverson Drive?
There are currently no comparable homes to 20218 Halverson Drive.
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