See Home Value
Kane 60140
49W485 McGough Road
$844,089*
House - Off Market

49W485 McGough Road

Hampshire, IL 60140
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2160 Sqft
$675,000 - $823,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Apr 07, 2021
$700,000
$500,500 by Compeer Financial Flca
Mortgage Due Apr 01, 2051

About This Property

Price reduction!! Looking for a lifestyle change? Here is a wonderful opportunity to own your own private estate. Country living yet close enough to restaurants, shopping and the I-90 exchange. Opportunity knocks with the potential for a beautiful sprawling equestrian facility. Perhaps you may have interest in a cattle farm, or maybe you have just always dreamed of living self-sustainable? The sky is the limit regarding the potential uses for this property! Especially because you have the gift of a property complete with organic soil. So, pack up your horses, cattle, chicken and goats this is the place for you! Soils include: Fox, Rush, Mayville, Drummer and Peotone. Current farm/barn leases (expires 2/28/2022). Home features boiler/wood heat to keep the utility bills low, Anderson windows, SS appliances, a sunroom off of the living room, a full unfinished basement, and roof was replaced in 2005 (complete tear-off). In addition to the garage 40x36 (200 amp) there are 2 more Morton Barns: 135x54 (100 amp) w/ 54x54 6-inch reinforced concrete slab with grain walls and a 90x39 cattle shed. All barns have new gutters. Homestead area is surrounded by beautiful mature trees including: Black Walnut, Pin Oak, Maple, Red Oak, Burr Oak White Pine and Evergreens. 301 School District. Home is being sold AS-IS. Productivity Index report, NDVI reports and crop history reports available upon request. Brand new in 2020: well pressure tank and water heater.

The manager has listed the unit size as 2160 square feet.
Unit Size
2,160Ft²
Days on Market
-
Land Size
40.00 acres
Price per sqft
$347
Property Type
House
Property Taxes
$9,788
HOA Dues
-
Year Built
1972

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Apr 7, 2021 Sold $700,000
Sold
Feb 17, 2021 In contract -
In contract
Feb 9, 2021 No longer available -
No longer available
Feb 8, 2021 Listed $749,999
Listed
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 2,060
  • Garage Type: Attached
  • Garage Square Area: 5,130
  • Parking Space Count: 12

    Dimensions

  • Lot Size Square Feet: 1,742,400
  • Total Building Area: 9,350
  • Gross Building Area: 9,350
  • Building Area: 2,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: RURAL
  • Land Acres: 40
  • Standard Land Use Code: Residential (general) (single)
  • County Land Use Code: Pipeline or right-of-way
  • State Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : WHITEWELL FARM LLC
  • Previous Owner : WHITWELL BRUCE
  • Previous Owner 2: TRUST NO 101
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 850703

Geography

  • Parcel: 04-20-400-001
  • Municipality: BURLINGTON
  • Latitude: 42.017
  • Longitude: -88.577

    Address

  • Full Address: 49w485 Mcgough Rd
  • Address - House Number: 49w485
  • Address - Street Name: Mcgough
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Hampshire
  • Carrier Code: R002
  • 4-Digit Zip Code: 8528
  • Zip Code: 60140

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,788
  • Tax Rate Code Area: BU013

    Appraisal Valuation

  • Standard Deviation: 0.1348
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 630,241
  • High Value: 715,228
  • Low Value: 545,254

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,500
  • First Open Lien Mortgage Lender: COMPEER FINANCIAL FLCA
  • First Open Lien Mortgage Recording Date: Apr 07, 2021
  • First Open Lien Mortgage Loan Amount: $500,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $396,008
  • Market Land Value: $111,270
  • Market Improvement Value: $284,739

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $131,950
  • Assessed Land Value: $37,075
  • Assessed Improvements Value: $94,875

    Sales

  • Current Sale Contract Date: Mar 18, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Transaction ID: 11829383322
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021K026707

    Last Sale Mortgage

  • First Mortgage Lender: COMPEER FINANCIAL FLCA
  • First Mortgage Transaction Date: Apr 07, 2021
  • First Mortgage Loan Amount: $500,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Kane


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 49W485 McGough Road built and last sold?
The property at 49W485 McGough Road was built in 1972 and last sold on Mar 18, 2021 for $700,000.
How much is this home worth?
The estimated value of the home located at 49W485 McGough Road is $738,053.
What are some comparable homes to 49W485 McGough Road?
There are currently no comparable homes to 49W485 McGough Road.

Quantcast