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McHenry 60081
6521 Willow Street
$243,000
● House - Off Market

6521 Willow Street

Spring Grove, IL 60081
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$1,470
Est. Monthly
9.33%
Cap Rate

About This Property

Great place to call home!  This ranch offers 2 bedrooms, 1 bath and a Full Finished basement on a .5 acre lot, surrounded by mature trees and plenty of space to expand if wanted.  There is a detached 1.5 car garage, Large deck for outdoor enjoyment.  All the appliances will stay and the Roof has been replaced. Close to the State Park, Chain O'Lakes, Boating, train station, shopping, dining and more. All appliances included! Need more space?  There is plenty of room to add on to this home. Sellers will be selling AS-IS no FHA/VA.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$208
Property Type
House
Property Taxes
$389
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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,400
  • Total Building Area: 576
  • Building Area: 576
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 576
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOX LAKE VISTA
  • Land Acres: 0000000101
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2018R0036451 LT 33 BLK 2 FOX LAKE VISTA UNIT 3 MEMO: RICHTER, CODY M/ AMICI, MAIRIS JENNA

Neighborhood

  • School District Name: Richmond-Burton Community High School District 157
  • Census Tract: 870105

Geography

  • Parcel: 05-32-428-022
  • Block: 2
  • Lot: 33
  • Municipality: BURTON TWP
  • Latitude: 42.4221
  • Longitude: -88.2002

    Address

  • Full Address: 6521 Willow St
  • Legal Unit: 3
  • Address - House Number: 6521
  • Address - Street Name: Willow
  • Address - Suffix Type: St
  • State: IL
  • City Name: Spring Grove
  • Carrier Code: R004
  • 4-Digit Zip Code: 8430
  • Zip Code: 60081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $42,252
  • Tax Rate Code Area: 05001

    Appraisal Valuation

  • Standard Deviation: 0.4416
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 43,227
  • High Value: 62,318
  • Low Value: 24,135

    Market Valuation

  • Market Total Value: $15,531
  • Market Land Value: $12,063
  • Market Improvement Value: $3,468

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,177
  • Assessed Land Value: $4,021
  • Assessed Improvements Value: $1,156

    Sales

  • Current Sale Contract Date: Oct 15, 2018
  • Current Sale Recording Date: Oct 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018R0036451
  • Previous Sale Recording Date: Jul 26, 2013
  • Previous Sale Contract Date: Jun 20, 2013
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 McHenry

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2523 ft²

Average Home Age

35.6 years

Currently For Sale

646 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: Brandy Schuldt, Keller Williams North Shore West
Data Source: MRED, MLS# MRD12340879
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 6521 Willow Street built and last sold?
The property at 6521 Willow Street was built in 1959 and last sold on Oct 15, 2018 for $138,500.
How much is this home worth?
The estimated value of the home located at 6521 Willow Street is $0.
What are some comparable homes to 6521 Willow Street?
There are currently no comparable homes to 6521 Willow Street.
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