For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
McHenry 60050 Burning Tree
7126 Burning Tree Drive
$407,000
● House - Off Market

7126 Burning Tree Drive

McHenry, IL 60050
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,239 Ft²
$475,649
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Stunning home in an elegant area with wide open spaces and clean air.  Yet just minutes to shopping, schools and the Metro train to Chicago. Great curb appeal and spacious room sizes with a finished English lookout basement!   Enjoy peaceful gatherings on the patio overlooking the private backyard.  Light and bright with a two story foyer; hardwood floors, a huge master suite with a sitting room and oversized spa, and so much more! The lookout basement has a partial kitchen, recreation room, office with windows and a theatre area. Professionally landscaped, the yard also has lawn sprinklers.  This is a home to love and it's ready now.
Unit Size
3,239 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$129
Property Type
House
Property Taxes
$895
HOA Dues
$8
Year Built
1998

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 #11088286)

Price History

Date / Event Date Event Price
Sep 14, 2021 Sold
Premium
Sold
May 18, 2021 Listed by Baird & Warner $419,000
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,535
  • Garage Type: 7
  • Garage Square Area: 556
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 5,330
  • Building Area: 3,239
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,639
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURNING TREE UNIT 2
  • Land Acres: 0000000916
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0051523 LT 24 BURNING TREE UNIT 2

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870501

Geography

  • Parcel: 09-31-201-014
  • Block: 201
  • Lot: 24
  • Municipality: MCHENRY TWP
  • Latitude: 42.3419
  • Longitude: -88.3374

    Address

  • Full Address: 7126 Burning Tree Dr
  • Legal Unit: 2
  • Address - House Number: 7126
  • Address - Street Name: Burning Tree
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R014
  • 4-Digit Zip Code: 2210
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,161,300
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 482,071
  • High Value: 555,458
  • Low Value: 408,683

    Market Valuation

  • Market Total Value: $384,750
  • Market Land Value: $70,443
  • Market Improvement Value: $314,307

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,250
  • Assessed Land Value: $23,481
  • Assessed Improvements Value: $104,769

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0051523
  • Previous Sale Recording Date: Apr 07, 1998
  • Previous Sale Contract Date: Apr 02, 1998
  • Previous Sale Amount: $56,000
  • Previous Sale Document Type: 69

    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 Burning Tree

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$125

Below Asking

0.02%

Average Days on Market

36

Average Home Size

3346 ft²

Average Home Age

23 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sue Perdue, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11088286
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 7126 Burning Tree Drive built and last sold?
The property at 7126 Burning Tree Drive was built in 1998 and last sold on Sep 8, 2021 for $407,000.
How much is this home worth?
The estimated value of the home located at 7126 Burning Tree Drive is $0.
What are some comparable homes to 7126 Burning Tree Drive?
There are currently no comparable homes to 7126 Burning Tree Drive.
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
McHenry Homes for Sale
McHenry Houses for Sale
McHenry Condos for Sale
McHenry Townhouses for Sale
McHenry Multifamily for Sale
McHenry Land for Sale
McHenry Commercial for Sale
McHenry Homes with Basements
Nearby Cities
Crystal Lake Homes for Sale
Woodstock Homes for Sale
Fox Lake Homes for Sale
Wauconda Homes for Sale
Wonder Lake Homes for Sale
Island Lake Homes for Sale
Johnsburg Homes for Sale
Volo Homes for Sale
Nearby Property Records
McHenry County, IL Property Records
Walworth County, WI Property Records
Kane County, IL Property Records
Boone County, IL Property Records
Lake County, IL Property Records
Kenosha County, WI Property Records
DuPage County, IL Property Records
DeKalb County, IL Property Records
Neighborhoods
Crystal Lake Real Estate
Bull Valley Golf Club Real Estate
Liberty Square Real Estate
McHenry Country Club Real Estate
Nearby Counties
Nunda Homes for Sale
Grant Homes for Sale
Wauconda Homes for Sale
Dorr Homes for Sale
Greenwood Homes for Sale
Top Real Estate Agents
Top Agents in Burning Tree
Top Agents in McHenry
Top Agents in 60014
Top Agents in Nunda
Top Agents in Crystal Lake
Top Agents in 60050
Top Agents in Grant
Top Agents in 60051