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McHenry 60013 Silver Lakes Oakwood Hills
2513 Walnut Street
$240,900
● House - Off Market

2513 Walnut Street

Cary, IL 60013
bedrooms
3 Beds
bathrooms
1 Bath
$283,686
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Top of the line, 3 bedroom ranch home with a full basement, oversized 2 car garage AND a second corner lot with loads of pine trees! All situated close to Deer Path Elementary School, Foxford Hills Golf Course, parks and Fox River activities!  Custom farmhouse kitchen with all Stainless Steel appliances and ship-lap accents! An abundance of lighting throughout! Luxurious bathroom features stone travertine tile and large vanity with double mirrors! Basement offers additional entertaining/storage space! This house is ready for its next owner to make it a home!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1970

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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 #11195072)

Price History

Date / Event Date Event Price
Sep 20, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed by Four Seasons Realty, Inc. $249,900
Listed by Four Seasons Realty, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,350
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,920
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER LAKES OAKWOOD HILLS UNIT 1
  • Land Acres: 0000000169
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0052808 LT 13 BLK 49 SILVER LAKES OAKWOOD HILLS UNIT 1

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871305

Geography

  • Parcel: 19-01-406-013
  • Block: 49
  • Lot: 13
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2334
  • Longitude: -88.247

    Address

  • Full Address: 2513 Walnut St
  • Legal Unit: 1
  • Address - House Number: 2513
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Cary
  • Carrier Code: R008
  • 4-Digit Zip Code: 1385
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $360,684
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 215,140
  • High Value: 247,630
  • Low Value: 182,650

    Market Valuation

  • Market Total Value: $150,249
  • Market Land Value: $31,077
  • Market Improvement Value: $119,172

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,083
  • Assessed Land Value: $10,359
  • Assessed Improvements Value: $39,724

    Sales

  • Current Sale Contract Date: Sep 01, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021R0052808
  • Previous Sale Recording Date: Jun 28, 2021
  • Previous Sale Contract Date: Jun 21, 2021
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Silver Lakes Oakwood Hills

Stats & Trends

Median Asking:

$324,950

Sale Price/ft²

$216

Above Asking

0.00%

Average Days on Market

39

Average Home Size

1993 ft²

Average Home Age

46.3 years

Currently For Sale

6 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 1169 Amber Drive, Cary, IL, 60013

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,359 ft²
1169 Amber Drive, Cary, IL, 60013 Listing by Jenni Matts

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Frank Rusin, Four Seasons Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11195072
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 2513 Walnut Street built and last sold?
The property at 2513 Walnut Street was built in 1970 and last sold on Sep 1, 2021 for $241,000.
How much is this home worth?
The estimated value of the home located at 2513 Walnut Street is $0.
What are some comparable homes to 2513 Walnut Street?
There are currently no comparable homes to 2513 Walnut Street.
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