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McHenry 60050 Lakeland Park
5200 W Shore Drive
$295,000
● House - Off Market

5200 W Shore Drive

McHenry, IL 60050
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,016 Ft²
$296,411
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Over 100' feet of shoreline on McCullom Lake! In City of McHenry with public water & sewer! 4 bed, 2 bath home with 3 car (extra deep) detached garage. Newer mechanicals. Roof approx. 10 years old.Beautiful lot with 2 Pins! Almost 3/4 acre of land, with many native perennial plants and flowers.  Come enjoy lake life at this peaceful retreat!
Unit Size
2,016 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$141
Property Type
House
Property Taxes
$553
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11444346)

Price History

Date / Event Date Event Price
Sep 26, 2022 Sold
Premium
Sold
Jul 16, 2022 Listed by Berkshire Hathaway HomeServices Starck Real Estate $285,000
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 896
  • Parking Space Count: 4
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKELAND PARK UNIT 3
  • Land Acres: 0000000348
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0034005 LT 11 BLK 17 LAKELAND PARK UNIT 3

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870603

Geography

  • Parcel: 09-28-226-011
  • Block: 17
  • Lot: 11
  • Municipality: MCHENRY TWP
  • Latitude: 42.3568
  • Longitude: -88.2986

    Address

  • Full Address: 5200 W Shore Dr
  • Legal Unit: 3
  • Address - House Number: 5200
  • Street Direction: W
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: C014
  • 4-Digit Zip Code: 3438
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $585,466
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 260,805
  • High Value: 300,192
  • Low Value: 221,419

    Market Valuation

  • Market Total Value: $217,896
  • Market Land Value: $43,689
  • Market Improvement Value: $174,207

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,632
  • Assessed Land Value: $14,563
  • Assessed Improvements Value: $58,069

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 34005
  • Previous Sale Recording Date: Jun 06, 2001
  • Previous Sale Contract Date: May 31, 2001
  • Previous Sale Amount: $235,000
  • 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 Lakeland Park

Stats & Trends

Median Asking:

$269,900

Sale Price/ft²

$217

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1133 ft²

Average Home Age

70 years

Currently For Sale

1 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: Jackie Nelson, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11444346
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 5200 West Shore Drive built and last sold?
The property at 5200 West Shore Drive was built in 1959 and last sold on Sep 23, 2022 for $295,000.
How much is this home worth?
The estimated value of the home located at 5200 West Shore Drive is $287,850.
What are some comparable homes to 5200 West Shore Drive?
There are currently no comparable homes to 5200 West Shore Drive.
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