1 year on rocket

5101 W Elm St, Mchenry, IL, 60050

$179,900

0.84 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #11809378
Lot Size0.84 Acres
StatusActive

About 5101 W Elm St

High traffic location plus high visibility for this commercial lot in the business district of the city of McHenry. Great location for development .84 acre, well priced commercial lot on route 120. Zoned C-4 this district is intended to provide appropriate standards for development in the City's older central business areas.

Property Details

Property Features

Listing Office:

  • Office Name: Compass
  • Office Phone: (815) 900-2474
  • Listing Agent: Jose Rey

Lot Features

Lot Information:

  • Lot Size: 0.84 Acres

Other

Directions Information:

  • Directions: W. Elm St. (Rt. 120) and Scully Dr. The East corner of

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,900

Tax Information:

  • Annual Amount: $7,056
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$285.6K

Med. Price/SqFt

$182

Avg. Days On Market

18

# of Sold Homes

58

5101 W Elm St vs McHenry

545 DAYS ON ROCKET

+527 Days

$179,900

-$105.7K Less

KEY TAKEAWAY

This property is $105.7K less 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: #11809378

Listing Office:

  • Office Name: Compass
  • Office Phone: (815) 900-2474
  • Listing Agent: Jose Rey

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

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Property Sales & Tax

Listing History

Jun 30, 2005Home Sold
$360,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,056$71,256
2019$7,583$73,542
2018$8,399$75,819
2017$8,400$71,158

History based on county public records data.

Payment Calculator

$965

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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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.

Nearby Schools

school-card-donut-1759547
3
/10
  • Valley View Elementary School

  • 6515 W Il Route 120

  • 1.46 miles

  • Public District Grades KG-5

school-card-donut-1759548
7
/10
  • Landmark Elementary School

  • 3614 Waukegan Rd

  • 1.52 miles

  • Public District Grades KG-5

school-card-donut-1759549
3
/10
  • Chauncey H. Duker School

  • 3711 W Kane Ave

  • 1.61 miles

  • Public District Grades 4-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,517. The most common annual income of people living in McHenry, IL is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5101 W Elm St

What is the listing price of this property?

The listing price of 5101 W Elm St property is $179,900.

What type of property is this?

The property 5101 W Elm St is land located in Mchenry, Illinois, 60050.

Is this property for sale now?

Active Listing: 5101 W Elm St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,056 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 30, 2005 for $360,000. (source: MLS/tax record).

How much acreage is this property?

The property 5101 W Elm St is 0.84 acres.
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Rocket HomesIllinoisMcHenry CountyMcHenry600505101 W Elm St

This home is located at 5101 W Elm St in Mchenry, IL and zip code 60050 in the Pheasant Valley neighborhood. This home sits on a 0.84 acre lot. It has been listed on Rocket Homes since June 15, 2023 and is currently priced at $179,900.

While more than 16 listings in McHenry, IL in November 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 31 were sold below. Between October 2024 and November 2024, McHenry, IL real estate market has seen decrease in the number of listings by 6.3%. While the average time on the market in November 2024 was 18 days, the median list price was $285,625.

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

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