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Sold on 10/31/2017
Ken Koreba of RE/MAX Plaza

3308 Elm St, Mchenry, IL 60050

  • $1,900,000

    Last sold 10/31/2017 after 209 Days

  • —

    bed

  • —

    bath

  • 17,898

    Sqft ($106/Sqft)

Other not for sale
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About 3308 Elm St

Property type Other
Year built 1864
HOA fee $0/month
Lot size 0.64 Acre
Property description
Incredible income opportunity. 27 (1) BR apts, 13 single room apartments, a fully equipped and well established restaurant This property also boasts approx 150' of Fox River Frontage, riverwalk in downtown McHenry, no wake zone. 6 Piers (prkg for 12 boats) for boating customers/tenants. 2 parking lots. Recent city inspections done, $400,000 in recent updates , restaurant remodeled, new paint and carpet. Owner may carry some paper with security
Listed by
Listing Agent - Ken Koreba
Listing Office - RE/MAX Plaza
Source: MRED mls logo
MLS#09587669 • last updated 8 years ago
Movoto checked MRED for data 23 minutes ago
Overview
Cooling/AC Window Unit/s
Levels/Style 3
MLS # 9587669
Type Mixed Use
Lot Size (SqFt) 28059
Property Tax $ 59502
Year Built 1864
Exterior
Exterior Brick
# Of Parking Spaces 30
Amenities / Utilities
# Units in Building 42
Location
County Mc Henry
Directions From Routes 12 And 120, West On Route 120 To Fox River. The PIQ Is Located On The West Side Of Fox
APN 926476008
Zoning MULTI
Multifamily Details
Expense: Electricity 10305
Gross Rental Income 37763
Expense: Fuel 12800
Total Annual Expense Source Combination
Expense: Water 8796
Expense: Insurance 12424
Total Annual Income 421248
Lot/ Land Details
Road Frontage State Road
Possible Use Residential-Multi-Family
We are not permitted to show value estimates for this property.
  • Oct 2017
    mls logo MLS # 09587669
  • Oct 31, 2017 Sold
    $1,900,000 (-19.1%)
  • Sep 2, 2017 Contingent
    —
  • Apr 5, 2017 Listed
    $2,350,000
  • Apr 2017
    mls logo MLS # 08302004
  • Apr 5, 2017 Expired
    —
  • Sep 21, 2016 Re-Activated
    —
  • Aug 26, 2016 Contingent
    —
  • Mar 28, 2013 Listed
    $2,350,000
  • 3308 Elm St
    $1.9M
  • —
  • 60050
    $360K +16% y/y
  • Mchenry
    $365K +12% y/y
No chart available
Statistics calculated by Movoto

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3/10
Chauncey H Duker School
public Grades 3-5
Mchenry Central Consolidated School District 15
4/10
Hilltop Elementary School
public Grades K-3
Mchenry Central Consolidated School District 15
5/10
Mchenry Middle School
public Grades 6-8
Mchenry Central Consolidated School District 15
N/A
Mchenry East High School
public Grades 9-12
Mchenry Chsd 156 School District
Source: GreatSchools.org © 2026. All rights reserved.

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