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Pistakee Highlands 60050 Pistakee Highlands
5504 Louella Avenue
Photo of 5504 Louella Avenue

6

Map

Photo of 5504 Louella Avenue
Photo of 5504 Louella Avenue
$167,000
● House - In Contract

5504 Louella Avenue

McHenry, IL 60050
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,483 Ft²
$1,241
Est. Monthly
18.26%
Cap Rate

About This Property

Short Sale Needs rehab,   investors dream  good flip  AS IS  no requests No survey  Provided.   No appliances   Owner May leave some Items       Need notice Dogs In home  Please do not disturb Owner  Looking for cash Hard money
Unit Size
1,483 Ft²
Days on Market
-
Land Size
-
Price per sqft
$113
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1959

Listed By

Gloria Zrnich
[email protected]
Homesmart Connect LLC

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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.

Property Highlights

Garage
Parking Details
Has Garage
Parking Features: Attached, Garage, Yes
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Rooms: 5
Basement: Unfinished, Full
Exterior Details
Square Footage: 1483
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1959
Construction Materials: Vinyl Siding
Lot Size Dimensions: 121 x124
Water Source: Private
Financial Details
Tax Annual Amount: $5,052
Utilities Details
Cooling Type: None
Heating Type: Natural Gas
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • 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
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,008
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 2,016
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,483
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PISTAKEE HIGHLANDS UNIT 3
  • Land Acres: 0000000344
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2012R0026219 LTS 1 & 2 BLK 3 PISTAKEE HIGHLANDS UNIT 3

Neighborhood

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

Geography

  • Parcel: 10-05-430-001
  • Block: 3
  • Lot: 1,2
  • Municipality: MCHENRY TWP
  • Latitude: 42.4073
  • Longitude: -88.2031

    Address

  • Full Address: 5504 Louella Ave
  • Legal Unit: 3
  • Address - House Number: 5504
  • Address - Street Name: Louella
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R012
  • 4-Digit Zip Code: 7662
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $406,228
  • Tax Rate Code Area: 10005

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 250,449
  • High Value: 294,607
  • Low Value: 206,291

    Market Valuation

  • Market Total Value: $178,554
  • Market Land Value: $43,884
  • Market Improvement Value: $134,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,518
  • Assessed Land Value: $14,628
  • Assessed Improvements Value: $44,890

    Sales

  • Current Sale Contract Date: Dec 02, 2003
  • Current Sale Recording Date: Dec 05, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2003R0162365

    Financing

  • First Mortgage Financing Type: ADJ
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

$204

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1028 ft²

Average Home Age

68.7 years

Currently For Sale

3 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: Gloria Zrnich, HomeSmart Connect LLC
Data Source: MRED, MLS# MRD12480303
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 5504 Louella Avenue built and last sold?
The property at 5504 Louella Avenue was built in 1959 and last sold on Dec 2, 2003 for $166,000.
How much is this home worth?
The estimated value of the home located at 5504 Louella Avenue is $177,324.
What are some comparable homes to 5504 Louella Avenue?
There are currently no comparable homes to 5504 Louella Avenue.
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