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McHenry 60010 River Glen
8809 McKinley Drive
$240,000
● House - Off Market

8809 McKinley Drive

BARRINGTON, IL 60010
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$589,880
RealtyHop Estimate
111.43%
Since Apr 1, 2009
National-US
Primary Model

About This Property

*Short Sale that needs approval *APPRAISED AT $425,000, this is a great deal!Built in'94,newer home in AWARD-WINNING BARRINGTON SCHOOL DISTRICT boasts vaulted ceilings, hrdwd flrs & a marble frplce.Luxury MBA has spa tub, sep. shwr, & dual sinks.Wooded neighborhd along river offers scenic views, water sports, & prvte association boat slips. New light fixtures & win treatments. Must close by 1/31/9.Short sale approved
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$367
HOA Dues
$3
Year Built
1993

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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

Air Conditioning
Fireplace
Garage
With View

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • 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: 3
  • Basement Area: 564
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,920
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,322
  • Building Area: 2,209
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,209
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KELSEYS GRANDVIEW
  • Land Acres: 0000000182
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2010R0021513 LT 4 & LT 5 /EX S 28FT/ KELSEYS GRANDVIEW 1ST ADDN

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 871402

Geography

  • Parcel: 20-17-479-036
  • Block: 479
  • Lot: 4,5
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2014
  • Longitude: -88.2

    Address

  • Full Address: 8809 Mckinley Dr
  • Address - House Number: 8809
  • Address - Street Name: Mckinley
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Barrington
  • Carrier Code: C037
  • 4-Digit Zip Code: 2505
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $725,702
  • Tax Rate Code Area: 20014

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 384,504
  • High Value: 448,449
  • Low Value: 320,558

    Market Valuation

  • Market Total Value: $300,945
  • Market Land Value: $38,280
  • Market Improvement Value: $262,665

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,315
  • Assessed Land Value: $12,760
  • Assessed Improvements Value: $87,555

    Sales

  • Current Sale Contract Date: Mar 25, 2009
  • Current Sale Recording Date: Apr 07, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2009R0017581
  • Previous Sale Recording Date: Jun 28, 2007
  • Previous Sale Contract Date: May 21, 2007
  • Previous Sale Amount: $375,000
  • 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 River Glen

Stats & Trends

Median Asking:

$1,350,000

Sale Price/ft²

$271

Above Asking

0.00%

Average Days on Market

51

Average Home Size

2493 ft²

Average Home Age

35 years

Currently For Sale

0 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 5 Saville Row, Barrington Hills, IL, 60010

$4,100 /mo

  • 3 Beds
  • 3 Baths
  • 2,613 ft²
5 Saville Row, Barrington Hills, IL, 60010 Listing by Mary Beth Holsteen
Unit for rent at 87 W Surrey Lane, Barrington Hills, IL, 60010

$4,000 /mo

  • 4 Beds
  • 4 Baths
  • 2,232 ft²
87 W Surrey Lane, Barrington Hills, IL, 60010 Listing by William Gallos

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Matt Garrison, Coldwell Banker Residential
Data Source: MRED, MLS# MRD06932268
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 8809 McKinley Drive built and last sold?
The property at 8809 McKinley Drive was built in 1993 and last sold on Mar 25, 2009 for $240,000.
How much is this home worth?
The estimated value of the home located at 8809 McKinley Drive is $281,790.
What are some comparable homes to 8809 McKinley Drive?
There are currently no comparable homes to 8809 McKinley Drive.
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