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McHenry 60051 Eastwood Manor
2409 W Lincoln Road
$195,000
● House - Off Market

2409 W Lincoln Road

McHenry, IL 60051
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,010 Ft²
$205,404
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

3 Bedroom 2 Bathroom RANCH HOME located in Eastwood Manor neighborhood so close to parks, schools, and downtown McHenry shopping and dining. So much potential here! Perfect for first-time home buyers, investors, DIY fanatics or anyone looking to place their own stamp on their first or next home. Generously sized rooms, HARDWOOD FLOORING, walk-in closet, and large windows. Spacious EAT-IN KITCHEN featuring slider to the DECK with private backyard surrounded by mature shade trees. Partially FINISHED BASEMENT includes a den, 3rd bedroom, and full bathroom. Lots of extra space for living and entertaining! 2 Car Attached Garage. Just 1 block to the outdoor theater and the Fox River. Quick close possible!
Unit Size
1,010 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$188
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1980

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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 #11258014)

Price History

Date / Event Date Event Price
Jan 18, 2022 Sold
Premium
Sold
Oct 30, 2021 No longer available -
No longer available
Oct 28, 2021 Listed by Keller Williams Success Realty $189,900
Listed by Keller Williams Success Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,008
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,016
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EASTWOOD MANOR
  • Land Acres: 0000000240
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0006016 LT 3 BLK 3 EASTWOOD MANOR UNIT 4 MEMO: JUAREZ, CECILIO TORRES/ AGUILAR, LILIANA

Neighborhood

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

Geography

  • Parcel: 09-25-402-003
  • Block: 3
  • Lot: 3
  • Municipality: MCHENRY TWP
  • Latitude: 42.3501
  • Longitude: -88.2449

    Address

  • Full Address: 2409 W Lincoln Rd
  • Legal Unit: 4
  • Address - House Number: 2409
  • Street Direction: W
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R006
  • 4-Digit Zip Code: 3637
  • Zip Code: 60051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $500,986
  • Tax Rate Code Area: 09012

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 91
  • Final Value: 183,815
  • High Value: 201,692
  • Low Value: 165,939

    Market Valuation

  • Market Total Value: $168,495
  • Market Land Value: $41,640
  • Market Improvement Value: $126,855

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,165
  • Assessed Land Value: $13,880
  • Assessed Improvements Value: $42,285

    Sales

  • Current Sale Contract Date: Dec 01, 1993
  • Current Sale Recording Date: Dec 17, 1993
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 93R078717
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 Eastwood Manor

Stats & Trends

Median Asking:

$280,000

Sale Price/ft²

$263

Above Asking

0.00%

Average Days on Market

34

Average Home Size

1104 ft²

Average Home Age

60.1 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

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: Tyler Lewke, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11258014
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 2409 West Lincoln Road built and last sold?
The property at 2409 West Lincoln Road was built in 1980 and last sold on Dec 1, 1993 for $55,000.
How much is this home worth?
The estimated value of the home located at 2409 West Lincoln Road is $0.
What are some comparable homes to 2409 West Lincoln Road?
There are currently no comparable homes to 2409 West Lincoln Road.
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