For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
McHenry 60142
7307 Mensching Road
$360,000
● House - Off Market

7307 Mensching Road

Huntley, IL 60142
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,598 Ft²
$428,737
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Now is the time! Don't miss out on the endless opportunities this 20-acre Farmette has to offer. A great place for quiet country living. Lots of space to store your "toys", boats, campers, snowmobiles etc. in the pole barn (40x63) and the newer 2- car garage with attached cow barn. Another possibility to be able to store equipment for your business. Animals are welcomed too (horses are allowed). House needs updating. Lots of potential!  House and property are being Sold As-Is. This is a "Rare Find"...Quick closing is possible!
Unit Size
1,598 Ft²
Days on Market
-
Land Size
20.00 acres
Price per sqft
$253
Property Type
House
Property Taxes
$714
HOA Dues
-
Year Built
1974

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 #11676211)

Price History

Date / Event Date Event Price
Jan 20, 2023 Sold
Premium
Sold
Nov 18, 2022 Listed by CENTURY 21 Roberts & Andrews $405,000
Listed by CENTURY 21 Roberts & Andrews

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 618
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 871,200
  • Total Building Area: 1,598
  • Building Area: 1,598
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,598
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCHENRY COUNTY
  • Land Acres: 0000020000
  • Standard Land Use Code: 1000
  • County Land Use Code: 0011
  • Legal Description 1: DOC 2023R0003287 RR PT NW1/4 NE1/4

Neighborhood

  • School District Name: Huntley Consolidated School District 158
  • Census Tract: 871502

Geography

  • Subdivision Tract Number: 50
  • Parcel: 18-07-200-007
  • Block: 200
  • Municipality: GRAFTON TWP
  • Latitude: 42.2227
  • Longitude: -88.457

    Address

  • Full Address: 7307 Mensching Rd
  • Address - House Number: 7307
  • Address - Street Name: Mensching
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Huntley
  • Carrier Code: R015
  • 4-Digit Zip Code: 9573
  • Zip Code: 60142

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $885,014
  • Tax Rate Code Area: 18008

    Appraisal Valuation

  • Standard Deviation: 0.148
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 82
  • Final Value: 452,724
  • High Value: 519,758
  • Low Value: 385,690

    Market Valuation

  • Market Total Value: $384,321
  • Market Land Value: $72,681
  • Market Improvement Value: $311,640

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,107
  • Assessed Land Value: $24,227
  • Assessed Improvements Value: $103,880

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Feb 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 61
  • Current Sale Input Document Number: 3287
  • Previous Sale Recording Date: Jan 25, 2023
  • Previous Sale Contract Date: Jan 13, 2023
  • Previous Sale Amount: $360,000
  • 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 McHenry

Stats & Trends

Median Asking:

$379,000

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2490 ft²

Average Home Age

37.4 years

Currently For Sale

690 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: Patricia Maggio, CENTURY 21 Roberts & Andrews
Last Updated: 3 years ago
Data Source: MRED, MLS# 11676211
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 7307 Mensching Road built and last sold?
The property at 7307 Mensching Road was built in 1974 and last sold on Jan 13, 2023 for $360,000.
How much is this home worth?
The estimated value of the home located at 7307 Mensching Road is $0.
What are some comparable homes to 7307 Mensching Road?
There are currently no comparable homes to 7307 Mensching Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
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
Popular Searches
Grafton Homes for Sale
Grafton Houses for Sale
Grafton Condos for Sale
Grafton Townhouses for Sale
Grafton Multifamily for Sale
Grafton Land for Sale
Grafton Commercial for Sale
Grafton Homes with Basements
Nearby Cities
Crystal Lake Homes for Sale
Huntley Homes for Sale
Algonquin Homes for Sale
Lake in the Hills Homes for Sale
Woodstock Homes for Sale
Carpentersville Homes for Sale
Cary Homes for Sale
Pingree Grove Homes for Sale
Nearby Property Records
McHenry County, IL Property Records
Kane County, IL Property Records
Boone County, IL Property Records
DeKalb County, IL Property Records
Walworth County, WI Property Records
DuPage County, IL Property Records
Winnebago County, IL Property Records
Lake County, IL Property Records
Neighborhoods
Four Colonies Real Estate
Lake In The Hills Estates Real Estate
Meadowbrook Real Estate
Crystal Lake Real Estate
Coventry Real Estate
Bull Valley Golf Club Real Estate
Boulder Ridge Country Club Estates Real Estate
Turnberry Real Estate
Nearby Counties
Algonquin Homes for Sale
Dundee Homes for Sale
Nunda Homes for Sale
Rutland Homes for Sale
Dorr Homes for Sale
Hampshire Homes for Sale
Coral Homes for Sale
Seneca Homes for Sale
Top Real Estate Agents
Top Agents in Grafton
Top Agents in Algonquin
Top Agents in 60014
Top Agents in Dundee
Top Agents in Nunda
Top Agents in Crystal Lake
Top Agents in 60050
Top Agents in 60142