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McHenry 60012
8603 US HIGHWAY 14
$370,000
● House - Off Market

8603 US HIGHWAY 14

Crystal Lake, IL 60014
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,922 Ft²
$375,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

THIS HIGHLY UNIQUE AND VERSATILE PROPERTY OFFERS MANY OPTIONS FOR THE RIGHT HOMEOWNER, VARIOUS BUSINESSES (SUBJECT TO ZONING), OR NEW CONSTRUCTION DEVELOPMENT. PREVIOUSLY USED AS A LIVE-IN DOG KENNEL BOARDING BUSINESS, THE PROPERTY SPANS 3.68 ACRES WITH 283 FT OF US HWY-14 FRONTAGE AND 4 STRUCTURES: 1) 1922 SQ FT SINGLE FAMILY HOME 4 BD 2 BATHROOMS WITH OFFICE SPACE, ENCLOSED PORCHES, UNFINISHED BASEMENT DESIGNED FOR DOG BATHING STATIONS AND NEWER 3 CAR GARAGE. 2) APX 1560 SQ FT UNIMPROVED "ANIMAL HOSPITAL" WITH 200 AMP SERVICE, AND 1 CAR ATTACHED GARAGE. 3) APROX 1250 SQ FT CINDER BLOCK AND METAL ROOF OUTBUILDING WITH 30+ RUNS 4) 2 ATTACHED METAL SHED/KENNELS APROX 840 SQ FT. // CORPORATE ESTATE SALE // PROPERTY IS SOLD AS-IS SUBJECT TO AS-IS TRUSTEE RIDER.
Unit Size
1,922 Ft²
Days on Market
-
Land Size
3.68 acres
Price per sqft
$195
Property Type
House
Property Taxes
$750
HOA Dues
-
Year Built
1912

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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 #11886085)

Price History

Date / Event Date Event Price
Nov 20, 2023 Sold
Premium
Sold
Sep 28, 2023 Listed by Four Daughters Real Estate $375,000
Listed by Four Daughters Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 579
  • Garage Type: 1
  • Garage Square Area: 660
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 160,301
  • Total Building Area: 2,582
  • Gross Building Area: 2,582
  • Building Area: 1,922
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,922
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003680
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0028809 4A LYING S OF HWY NW1/4 NE1/4 /EX DOC 2012R0042978/

Neighborhood

  • School District Name: Crystal Lake Community Consolidated School District 47
  • Census Tract: 870906

Geography

  • Parcel: 13-36-200-010
  • Municipality: DORR TWP
  • Latitude: 42.2526
  • Longitude: -88.3642

    Address

  • Full Address: 8603 Us Highway 14
  • Address - House Number: 8603
  • Address - Street Name: Us Highway 14
  • State: IL
  • City Name: Crystal Lake
  • Carrier Code: R013
  • 4-Digit Zip Code: 2743
  • Zip Code: 60012

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $893,184
  • Tax Rate Code Area: 13009

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 91
  • Final Value: 368,277
  • High Value: 404,093
  • Low Value: 332,460

    Market Valuation

  • Market Total Value: $326,238
  • Market Land Value: $86,922
  • Market Improvement Value: $239,316

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,746
  • Assessed Land Value: $28,974
  • Assessed Improvements Value: $79,772

    Sales

  • Current Sale Contract Date: Nov 17, 2023
  • Current Sale Recording Date: Nov 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 29947
  • Previous Sale Recording Date: Jul 06, 1998
  • Previous Sale Contract Date: Jun 02, 1998
  • Previous Sale Amount: $309,000
  • Previous Sale Document Type: 71
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

44

Average Home Size

2481 ft²

Average Home Age

36.4 years

Currently For Sale

697 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: Mariusz Bilotas, Four Daughters Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11886085
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 8603 U.S. 14 built and last sold?
The property at 8603 U.S. 14 was built in 1912 and last sold on Nov 17, 2023 for $370,000.
How much is this home worth?
The estimated value of the home located at 8603 U.S. 14 is $0.
What are some comparable homes to 8603 U.S. 14?
There are currently no comparable homes to 8603 U.S. 14.
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