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1519 S Il Route 31 McHenry, IL 60050 Commercial - Industrial New

New - 5 Hours Ago
  • 1519 S Il Route 31 , McHenry, IL 60050 Main Photo

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Description

ATTENTION INVESTORS - this property is directly across from NEW under construction 500+ apartment complex! Excellent location for rezoning and commercial redevelopment! Property is two parcels, zoned industrial. 1519 S IL Route 31 and 4404 Hi-Point Road. 1519 is a 1890SF residence, three bedrooms 1.5 bath, currently used as income property. 4404 Hi-Point offers a barn with office and a freestanding garage. Each parcel has an independent septic, shared well. Together, they are 1.20 acres and are an excellent site for future development. Situated next to a major hotel chain and restaurant, bank and commercial development.

Property Highlights

Property Type: Commercial - Industrial
Building Description: 2.0 stories
Year Built: 1938
Lot Size: 1.20 acres

General Information

County: McHenry
Listed By:
Dream Real Estate, Inc. 815-331-9520
MRED MLS
$495,000
Est. $3,271/mo
New to the Market New
SQUARE FEET1,890 MLS#12705691
STATUSNew PROPERTY TYPECommercial - Industrial

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Ruhl&Ruhl Realtors
563.441.1776

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1519 S Il Route 31 , McHenry, IL 60050.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $495,000$495,000$495,000
Down Payment $99,000$17,325$123,750
Monthly Mortgage Amount $2,438$2,993$3,058
Taxes $689$689$689
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$218$0
Monthly Estimated Total $3,271$4,044$3,891

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