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Pistakee Highlands 60050 Pistakee Highlands
301 John Avenue
$174,900
● House - Off Market

301 John Avenue

McHenry, IL 60050
bedrooms
3 Beds
bathrooms
2 Baths
square feet
960 Ft²
$174,423
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Pursuant to Short Sale. Great opportunity in Pistakee Highlands for the right person. 3 bedrooms, 2 full baths. Two blocks from the lake. Bring your updating and decorating ideas. The property is being sold as is. The seller will not be making any repairs. Take a look to see the potential of this property. Cash or conventional financing only.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$182
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1987

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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 #11739571)

Price History

Date / Event Date Event Price
Jul 13, 2023 Sold
Premium
Sold
Mar 17, 2023 Listed by TNT Realty, Inc. $174,900
Listed by TNT Realty, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 350
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,280
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 550
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PISTAKEE HLDNS 03
  • Land Acres: 0000000172
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 1987R0978506 LT 13 BLK 2 PISTAKEE HIGHLAND UNIT 3

Neighborhood

  • School District Name: Johnsburg Community Unit School District 12
  • Census Tract: 870704

Geography

  • Parcel: 10-05-433-007
  • Block: 2
  • Lot: 13
  • Municipality: MCHENRY TWP
  • Latitude: 42.4052
  • Longitude: -88.2029

    Address

  • Full Address: 301 John Ave
  • Legal Unit: 3
  • Address - House Number: 301
  • Address - Street Name: John
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R012
  • 4-Digit Zip Code: 6913
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $357,862
  • Tax Rate Code Area: 10005

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 227,524
  • High Value: 261,884
  • Low Value: 193,163

    Market Valuation

  • Market Total Value: $159,438
  • Market Land Value: $39,495
  • Market Improvement Value: $119,943

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,146
  • Assessed Land Value: $13,165
  • Assessed Improvements Value: $39,981

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18174
  • Previous Sale Recording Date: Jul 14, 2023
  • Previous Sale Contract Date: Jun 28, 2023
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 71
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 Pistakee Highlands

Stats & Trends

Median Asking:

$280,000

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1158 ft²

Average Home Age

69 years

Currently For Sale

2 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 163 Eagle Point Road, Fox Lake, IL, 60020

$2,650 /mo

  • 4 Beds
  • 1 Bath
  • 1,850 ft²
163 Eagle Point Road #2, Fox Lake, IL, 60020 Listing by Chris Peters

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Glenn Gallico, TNT Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11739571
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 301 John Avenue built and last sold?
The property at 301 John Avenue was built in 1987 and last sold on Jun 28, 2023 for $175,000.
How much is this home worth?
The estimated value of the home located at 301 John Avenue is $178,072.
What are some comparable homes to 301 John Avenue?
There are currently no comparable homes to 301 John Avenue.
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