3320 Bull Valley Road , McHenry, IL 60050

$300,000
  • 3320 Bull Valley Road , McHenry, IL 60050 Main Photo

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New to the Market New
BEDS3 BATHS1 full SQUARE FEET1,045 MLS#12785995
STATUSNew PROPERTY TYPEResidential - Single Family SCHOOLDistrict 156

Property Description

Incredible opportunity in a prime McHenry location with outstanding versatility and investment potential! Whether you're searching for a primary residence, an income-producing investment property, or a future redevelopment opportunity, 3320 Bull Valley Road offers a unique combination of location, flexibility, and potential. Situated on 1.78 acres with frontage along both Bull Valley Road and Charles Miller Parkway, this property provides excellent visibility and accessibility. For investors and developers, the property was previously pre-approved by the City of McHenry in 2020 for a proposed 24-unit multifamily development featuring two-bedroom apartments. This presents an exciting opportunity for those looking to explore residential redevelopment in a desirable McHenry location. Buyers are encouraged to verify the current status of development approvals directly with the City of McHenry. Not ready to develop? The existing home offers an estimated rental potential of $2,300 per month, providing an opportunity to generate income while exploring future development plans. For buyers seeking a primary residence, the home features 3 bedrooms, 1 full bathroom, and numerous recent improvements, including brand-new carpeting, fresh interior paint, updated appliances, a new water heater, and an updated bathroom. These improvements make the home an attractive option for buyers looking for a move-in-ready property with additional long-term potential. As an added opportunity, the seller owns a construction company and is offering to install brand-new windows and siding for an additional $25,000, allowing buyers to further enhance the property's curb appeal and value. Live in it, rent it out, or develop it! With nearly two acres of land, a highly visible location, recent interior improvements, and potential for future multifamily development, 3320 Bull Valley Road offers an exceptional opportunity for homeowners, investors, and developers alike. Bring your vision and explore the possibilities!

3320 Bull Valley Road | MLS# 12785995

This single family home located at 3320 Bull Valley Road , McHenry, IL 60050 is currently listed for sale with an asking price of $300,000. This property was built in 1928 and has 3 bedrooms and 1 full baths with 1045 sq. ft. Bull Valley Road is located within the District 156 school district. Search Mchenry real estate on www.dickersonnieman.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished, Partial
Cooling: None
Heating: Gas
Lot Size: 1.78 Acres
Roof Type: Asphalt
Taxes: $5,504
Year Built: 1928

Feature Descriptions

Additional rooms: No additional rooms
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Association Includes: None
Dining Room: Kitchen/Dining Combo
Exterior: Vinyl Siding
Lot: Wooded, Mature Trees
Lot Dimensions: 263.5X330X274X330
Parcel#: 1402200043
Parking: Gravel, Driveway, Yes, Owned
Sewer: Septic Tank
Total Rooms: 5
Township: Nunda
Water: Well

Room Sizes

Bedroom 2: 11X13
Bedroom 3: 11X11
Kitchen: 11X17
Living Room: 11X19
Primary Bedroom: 11X14

Local Schools

School District: District 156

Listed By / Shown By

Listed By

Agency Name: HomeSmart Connect LLC
Agency Phone: 847-495-5000

Shown By

Agency Title: Dickerson & Nieman Realtors
Agency Phone: 815-227-5900

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Estimated Payment

$ 1,213.84 per month $667.67 Principal & Interest $458.67 Property Tax $87.50 Homeowner's Insurance

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