3320 Bull Valley RD, Mchenry, IL 60050
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Doug Anderson

Doug Anderson

+1(847) 687-3424
Listed by Bradley Foxof HomeSmart Connect LLC
-
Est. payment /mo
3 Beds
1 Bath
905 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 905 sqft

MLS Listing ID 12785995

Bedrooms 3

Full Baths 1

Year Built 1928

Annual Tax Amount $5,054

Tax Year 2025

Lot Size 1.780 Acres

Lot Dimensions 263.5X330X274X330

Property Sub-Type Detached Single

Property Description

Incredible opportunity in a prime McHenry location with endless possibilities! Whether you're looking for a primary residence, income-producing investment property, or a redevelopment opportunity, 3320 Bull Valley Road offers exceptional versatility and potential. Situated on 1.78 acres with frontage on both Bull Valley Road and Charles Miller Parkway, this property offers outstanding exposure and accessibility in a desirable McHenry location. For investors and developers, the property was pre-approved by the City of McHenry in 2020 for a proposed 24-unit multifamily development featuring two-bedroom apartments, presenting an exciting opportunity to capitalize on the demand for rental housing in the area. Buyers should verify the current status of development approvals with the City of McHenry. Not ready to develop? The existing home offers excellent income-producing potential, with an estimated rental income of $2,300 per month, allowing investors to generate revenue while exploring future development plans. For buyers looking for a primary residence, the home features 3 bedrooms and 1 full bathroom, along with numerous recent improvements, including fresh interior paint, new carpeting, updated appliances, a new water heater, and an updated bathroom. The seller also owns a construction company and is willing to install brand-new windows and siding for an additional $25,000, giving buyers the opportunity to further enhance the home's appearance and value. Live in it, rent it out, or develop it! With multiple potential uses, a strategic location, and nearly two acres of land, this is a unique opportunity for homeowners, investors, and developers alike. Bring your vision and explore the possibilities at 3320 Bull Valley Road!

Location

State IL

County Mchenry

Rooms

Basement Unfinished, Partial

Interior

Heating Natural Gas

Cooling None

Fireplace Y

Appliance Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)

Exterior

View Y/N true

Roof Type Asphalt

Building

Lot Description Wooded, Mature Trees

Story 1 Story

Foundation Concrete Perimeter

Sewer Public Sewer

Water Well

Structure Type Vinyl Siding

New Construction false

Schools

School District 15, 15, 15

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

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Doug Anderson

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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3320 Bull Valley RD

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