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1605 S Il Route 31, Mchenry, IL, 60050

$750,000

5.97 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
CoolingNone
MLS #11738901
Lot Size5.97 Acres
StatusAccepting Backup Offers
(Contingent)

About 1605 S Il Route 31

Superb DEVELOPMENT SITE located in a RAPIDLY GROWING corridor adjacent to the City of McHenry. Currently ZONED INDUSTRIAL by McHenry County with a similar designation in the City of McHenry Long Range Plan. LOCATION along the soon to be widened Route 31 with its ever growing TRAFFIC COUNTY could present many other opportunities. This is an outstanding chance to explore the possible uses for a property with EXTENSIVE FRONTAGE on Rt 31 that includes an EXISTING DRIVEWAY access point.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Success Realty
  • Office Phone: (815) 444-6790
  • Listing Agent: Tyler Lewke

Lot Features

Lot Information:

  • Lot Size: 5.97 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • McHenry High School-West Campus, Public District Grades 9-12
  • Parkland School, Public District Grades 6-8
  • Riverwood Elementary School, Public District Grades KG-5
  • Landmark Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Route 31, 4 miles North of Route 176, West side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000

Tax Information:

  • Annual Amount: $8,415
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in McHenry, IL.

Med. Sold Price

$264.3K

Med. Price/SqFt

$166

Avg. Days On Market

34

# of Sold Homes

38

1605 S Il Route 31 vs McHenry

377 DAYS ON ROCKET

+343 Days

$750,000

+$485.6K More

KEY TAKEAWAY

This property is $485.6K more than the Median Sold Price in McHenry, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11738901

Listing Office:

  • Office Name: Keller Williams Success Realty
  • Office Phone: (815) 444-6790
  • Listing Agent: Tyler Lewke

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/28/2024, 12:15:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,415$89,617
2019$8,220$85,204
2018$12,516$118,169
2017$12,516$113,211

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7554870
6
/10
  • Riverwood Elementary School

  • 300 S Driftwood Trl

  • 1.43 miles

  • Public District Grades KG-5

school-card-donut-7554871
4
/10
  • Landmark Elementary School

  • 3614 Waukegan Rd

  • 2.73 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7554872
5
/10
  • Parkland School

  • 1802 N Ringwood Rd

  • 3.50 miles

  • Public District Grades 6-8

High School

school-card-donut-7554873
9
/10
  • McHenry High School-West Campus

  • 4724 W Crystal Lake Rd

  • 2.10 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,934. The majority of McHenry, IL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1605 S Il Route 31

What is the listing price of this property?

The listing price of 1605 S Il Route 31 property is $750,000.

What type of property is this?

The property 1605 S Il Route 31 is land located in Mchenry, Illinois, 60050.

Is this property for sale now?

Accepting Backup Offers: 1605 S Il Route 31 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1605 S Il Route 31 are:
Riverwood Elementary School: GreatSchools Rating 6/10
Landmark Elementary School: GreatSchools Rating 4/10
Parkland School: GreatSchools Rating 5/10
McHenry High School-West Campus: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,415 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1605 S Il Route 31 is 5.97 acres.
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Rocket HomesIllinoisMcHenry CountyMcHenry600501605 S Il Route 31

This home is located at 1605 S Il Route 31 in Mchenry, IL and zip code 60050. This home sits on a 5.97 acre lot. It has been listed on Rocket Homes since March 16, 2023 and is currently priced at $750,000.

While more than 15 listings in McHenry, IL in February 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 19 were sold below. Between January 2024 and February 2024, McHenry, IL real estate market has seen increase in the number of listings by 21.2%. In February 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $264,333.

From Rocket Homes Real Estate and based on county public records data.

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