Step into your new home in OAKWOOD HILLS, a beautifully UPDATED SINGLE-LEVEL, 4-bedroom RANCH in a TOP-NOTCH LOCATION! The home backs up to the expansive 42-acre Oakwood Hills Park & is just a block away from the crystal-clear, spring-fed SILVER LAKE. NEW FLOORING THROUGHOUT-- Plush carpeting in the living room, hallways, & bedrooms, & vinyl plank flooring in the kitchen, dining room, & rec room. UPDATED KITCHEN boasts new QUARTZ COUNTERTOPS, sleek white cabinetry, & STAINLESS STEEL APPLIANCES. FRESH PAINT throughout the interior & exterior, new LIGHT FIXTURES, OUTLETS, GUTTERS, & a FRESHLY LAID GRAVEL DRIVEWAY complete the list of recent updates. Silver Lake features well-maintained beaches & is restricted to non-motorized boats, making it perfect for kayaking, paddle boarding, fishing, & relaxing. Plus, the coveted PRAIRIE RIDGE HIGH SCHOOL & PRAIRIE GROVE ELEMENTARY DISTRICT adds to the desirability of this fantastic location.
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1960
Living Area: 1,272 SqFt
Listing Office:
Office Name: Better Homes and Gardens Real Estate Star Homes
Interior: Skylight(s), First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Some Carpeting, Some Wall-To-Wall Cp, Pantry
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Exterior: Brick Paver Patio, Storms/Screens
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Lot Features
Lot Information:
Lot: Near Park, Wooded, Trees, Wooded Back, Garden
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: None
School Info
Assigned Schools Information:
Prairie Ridge High School, Public District Grades 9-12
Prairie Grove Junior High School, Public District Grades 6-8
Prairie Grove Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: RT 176 to Valley View Rd south to N Park Dr east to Oakwood Dr to home.
Price Information
Listing Price Info
Price Summary:
List Price: $260,000
Price Per SqFt: $204/SqFt
Tax Information:
Annual Amount: $4,960
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12115957
Listing Office:
Office Name: Better Homes and Gardens Real Estate Star Homes
Office Phone: (847) 548-2625
Listing Agent: Jim Starwalt
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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.
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.
All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,365
Per Month
Principal & Interest
$1,298
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$846
Powered By
Advertisement
NMLS#3030
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
9
/10
Prairie Grove Elementary School
3223 Il Route 176
Distance between this listing and this school0.95 miles
Public District Grades PK-5
Middle School
5
/10
Prairie Grove Junior High School
3225 Il Route 176
Distance between this listing and this school1.01 miles
Public District Grades 6-8
High School
9
/10
Prairie Ridge High School
6000 Dvorak Dr
Distance between this listing and this school3.68 miles
Public District Grades 9-12
Assigned Schools
9
/10
Prairie Grove Elementary School
3223 Il Route 176
Distance between this listing and this school0.95 miles
Public District Grades PK-5
Nearby Schools
7
/10
Deer Path Elementary School
2211 Crystal Lake Rd
Distance between this listing and this school1.22 miles
Public District Grades PK-5
6
/10
Three Oaks School
1514 3 Oaks Rd
Distance between this listing and this school2.21 miles
Public District Grades PK-5
Assigned Schools
5
/10
Prairie Grove Junior High School
3225 Il Route 176
Distance between this listing and this school1.01 miles
Public District Grades 6-8
Nearby Schools
6
/10
Cary Jr High School
2109 Crystal Lake Rd
Distance between this listing and this school1.44 miles
Public District Grades 6-8
5
/10
Hannah Beardsley Middle School
515 E Crystal Lake Ave
Distance between this listing and this school2.84 miles
Public District Grades 6-8
Assigned Schools
9
/10
Prairie Ridge High School
6000 Dvorak Dr
Distance between this listing and this school3.68 miles
Public District Grades 9-12
Nearby Schools
8
/10
Cary-Grove Community High School
2208 3 Oaks Rd
Distance between this listing and this school2.06 miles
Public District Grades 9-12
7
/10
Crystal Lake Central High School
45 W Franklin Ave
Distance between this listing and this school3.92 miles
The neighbors living near this home have an average income of $82,530. Most McHenry County, IL residents have annual incomes between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5506 Oakwood Dr
What is the listing price of this property?
The listing price of 5506 Oakwood Dr property is $260,000.
What type of property is this?
The property 5506 Oakwood Dr is a house located in Oakwood Hills, Illinois, 60013.
Is this property for sale now?
Accepting Backup Offers: 5506 Oakwood Dr 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 5506 Oakwood Dr are: Prairie Grove Elementary School: GreatSchools Rating 9/10Prairie Grove Junior High School: GreatSchools Rating 5/10Prairie Ridge High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,960 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 10, 1998 for $105,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5506 Oakwood Dr has 4 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 5506 Oakwood Dr is 1,272 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5506 Oakwood Dr is 1960.
This home is located at 5506 Oakwood Dr in Oakwood Hills, IL and zip code 60013. This 1,272 square foot home, which was built in 1960, sits on a 0.19 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $260,000.
While more than 180 listings in McHenry County, IL in August 2024 were sold above asking price, there were more than 98 listings sold at asking price, and more than 147 were sold below. The number of homes for sale in McHenry County, IL increased by 9% between July 2024 and August 2024. In August 2024, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $329,836.
From Rocket Homes Real Estate and based on county public records data.