For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Kane 60142
40W736 Freeman Road
$400,000
● House - Off Market

40W736 Freeman Road

Huntley, IL 60142
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,614 Ft²
$439,413
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Nature paradise, 2.9 acres with mature trees, countryside views with pond....! 2-story, 2,614 SF four bedroom home, 2-fireplaces with partially finished basement w/ .5 bath, two car attached garage with loft storage. Large 3-car detached garage/outbuilding is perfect for the hobbyist or use as storage or home business purposes. Enjoy the large rear deck with scenic views. Zoned for horses (1 per acre) with included horse stable. A property like this does not come on the market very often. Home needs updating and has great potential! Being sold as-is as an estate sale.
Unit Size
2,614 Ft²
Days on Market
-
Land Size
-
Price per sqft
$163
Property Type
House
Property Taxes
$748
HOA Dues
-
Year Built
1971

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11466395)

Price History

Date / Event Date Event Price
Aug 25, 2022 Sold
Premium
Sold
Jul 16, 2022 Listed by Equity Real Estate $425,000
Listed by Equity Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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 Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,852
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 126,760
  • Total Building Area: 4,928
  • Gross Building Area: 4,928
  • Building Area: 2,614
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,614
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RURAL
  • Land Acres: 0000002910
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: PT

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850707

Geography

  • Parcel: 02-10-300-018
  • Lot: 18
  • Municipality: RUTLAND
  • Latitude: 42.1264
  • Longitude: -88.4082

    Address

  • Full Address: 40w736 Freeman Rd
  • Address - House Number: 40w736
  • Address - Street Name: Freeman
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Huntley
  • Carrier Code: R013
  • 4-Digit Zip Code: 8019
  • Zip Code: 60142

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $940,352
  • Tax Rate Code Area: RU019

    Appraisal Valuation

  • Standard Deviation: 0.1317
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 85
  • Final Value: 488,769
  • High Value: 553,174
  • Low Value: 424,365

    Market Valuation

  • Market Total Value: $427,254
  • Market Land Value: $141,486
  • Market Improvement Value: $285,768

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $142,361
  • Assessed Land Value: $47,143
  • Assessed Improvements Value: $95,218

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 43890
  • Previous Sale Recording Date: Oct 18, 2000
  • Previous Sale Contract Date: Sep 15, 2000
  • Previous Sale Amount: $324,500
  • Previous Sale Document Type: 27
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 Kane

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2444 ft²

Average Home Age

33.1 years

Currently For Sale

797 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dan Knezevich, Equity Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11466395
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 40W736 Freeman Road built and last sold?
The property at 40W736 Freeman Road was built in 1971 and last sold on Aug 30, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 40W736 Freeman Road is $0.
What are some comparable homes to 40W736 Freeman Road?
There are currently no comparable homes to 40W736 Freeman Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Rutland Homes for Sale
Rutland Houses for Sale
Rutland Condos for Sale
Rutland Townhouses for Sale
Rutland Multifamily for Sale
Rutland Land for Sale
Rutland Commercial for Sale
Rutland Homes with Basements
Nearby Cities
Elgin Homes for Sale
Crystal Lake Homes for Sale
Huntley Homes for Sale
Algonquin Homes for Sale
Lake in the Hills Homes for Sale
South Elgin Homes for Sale
Carpentersville Homes for Sale
Cary Homes for Sale
Nearby Property Records
Kane County, IL Property Records
McHenry County, IL Property Records
DeKalb County, IL Property Records
DuPage County, IL Property Records
Boone County, IL Property Records
Walworth County, WI Property Records
Kendall County, IL Property Records
Winnebago County, IL Property Records
Neighborhoods
Four Colonies Real Estate
Lake In The Hills Estates Real Estate
Meadowbrook Real Estate
Crystal Lake Real Estate
Northeast Elgin Real Estate
Coventry Real Estate
Boulder Ridge Country Club Estates Real Estate
Grant Park Real Estate
Nearby Counties
Algonquin Homes for Sale
Elgin Homes for Sale
Grafton Homes for Sale
Dundee Homes for Sale
Plato Homes for Sale
Hampshire Homes for Sale
Coral Homes for Sale
Burlington Homes for Sale
Top Real Estate Agents
Top Agents in Rutland
Top Agents in Algonquin
Top Agents in Elgin
Top Agents in Elgin
Top Agents in Grafton
Top Agents in 60014
Top Agents in Dundee
Top Agents in Crystal Lake