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McHenry 60051 Liberty Trails
2516 Eisenhower Boulevard
$470,000
● House - Off Market

2516 Eisenhower Boulevard

McHenry, IL 60051
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,131 Ft²
$3,213
Est. Monthly
$15
HOA / Fees
3.86%
Cap Rate

About This Property

TAKE A WELL BUILT RANCH HOME WITH AN ENGLISH BASEMENT, ADD AN ORIGINAL OWNER WHO HAS LOVINGLY MAINTAINED AND ADDED WONDERFUL AMENITIES SUCH AS A HUGE RECREATION ROOM AND WET BAR, ADDITIONAL BEDROOMS, HEATED GARAGE AND BEAUTIFUL PATIO AND SURROUNDED IT ALL WITH FENCING AND LOVELY LANDSCAPING AND YOU HAVE YOUR NEXT HOUSE! 5 BEDROOMS AND 3 FULL BATHS, 1 BR CURRENTLY AN EXERCISE ROOM, 42" KITCHEN CABINETS W/ UNDER CABINET LIGHTING, KITCHEN ISLAND AND BREAKFAST BAR WITH GRANITE TOPS, CEILING FANS THROUGHOUT. CLOSETS EVERYWHERE!! BUILT-IN SHED BELOW THE DECK. HOT TUB ON THE PATIO WILL STAY. POSSIBLE IN-LAW ARRANGEMENT WOULD WORK WELL HERE TOO! SOME FURNISHINGS ARE NEGOTIABLE.
Unit Size
2,131 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$225
Property Type
House
Property Taxes
$840
HOA Dues
$15
Year Built
2006

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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 #12073797)

Price History

Date / Event Date Event Price
Oct 11, 2024 Sold
Premium
Sold
Aug 10, 2024 Price Decreased $479,900
↓ $10K (2%)
Price Decreased
Jul 29, 2024 Listed by Coldwell Banker Real Estate Group $489,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 2,131
  • Garage Type: 7
  • Garage Square Area: 633
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 4,272
  • Building Area: 2,131
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,136
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LIBERTY TRAILS UNIT 2
  • Land Acres: 0000000257
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2008R0045305 LT 101 LIBERTY TRAILS UNIT 2

Neighborhood

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

Geography

  • Parcel: 09-25-202-012
  • Lot: 101
  • Municipality: MCHENRY TWP
  • Latitude: 42.355
  • Longitude: -88.2467

    Address

  • Full Address: 2516 Eisenhower Blvd
  • Legal Unit: 2
  • Address - House Number: 2516
  • Address - Street Name: Eisenhower
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R006
  • 4-Digit Zip Code: 3628
  • Zip Code: 60051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $975,720
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 421,329
  • High Value: 484,958
  • Low Value: 357,701

    Market Valuation

  • Market Total Value: $326,142
  • Market Land Value: $49,923
  • Market Improvement Value: $276,219

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,714
  • Assessed Land Value: $16,641
  • Assessed Improvements Value: $92,073

    Sales

  • Current Sale Contract Date: Oct 13, 2006
  • Current Sale Recording Date: Oct 20, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2006R0077379
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 Liberty Trails

Stats & Trends

Median Asking:

$514,900

Sale Price/ft²

$235

Above Asking

0.00%

Average Days on Market

32

Average Home Size

2205 ft²

Average Home Age

15.2 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

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MRED

Listed by: Philip Szyjka, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 12073797
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 2516 Eisenhower Boulevard built and last sold?
The property at 2516 Eisenhower Boulevard was built in 2006 and last sold on Oct 13, 2006 for $350,000.
How much is this home worth?
The estimated value of the home located at 2516 Eisenhower Boulevard is $0.
What are some comparable homes to 2516 Eisenhower Boulevard?
There are currently no comparable homes to 2516 Eisenhower Boulevard.
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