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$600,000   Price Analysis
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28922 W Sullivan Lake Rd
Mchenry, IL 60051
Unknown bed 0 bath unknown SqFt ($0/SqFt)
18.82 acre lot.
Listed 2024-05-24, Taxes $5,719
Ⓧ USDA Ineligible
due to location

near Emerald Park

Value is in the land.

* Has Contingent Offer *

Discover the charm and unlimited potential of this expansive property nestled on nearly 19 acres of picturesque countryside. Formerly a thriving dairy farm, this rare offering boasts a classic farmhouse awaiting transformation, hay barn, pond and a generous four-car garage! Outbuildings include a substantial 7500sf quonset storage building, steel silo, pig house, corn crib, chicken coop and a metal pole building for tractor or other vehicle storage, all set against the backdrop of rolling fields, pastures and cropland. Situated adjacent to the stunning landscape of Volo Bog State Park, this property offers not the serenity of rural living but also convenient access to outdoor recreation and Route 12.

With ample space for diverse agricultural pursuits, recreational activities or potential redevelopment, this property presents a rare opportunity for those with vision and ambition. Whether you envision a private retreat, a working farm, a recreational paradise or potential redevelopment, this property offers the canvas upon which to build your dreams. Cash buyers with a penchant for restoration or redevelopment w ill find abundant potntial in this project, making this a truly one-of-a-kind opportunity in the heart of the countryside. Sale is subject to State of Illinois right of first refusal. SOLD AS IS, home is not livable. Handy buyers, investors and developers take note. Do not enter the property without a confirmed showing. Also listed as detached single MLS: 12014769


Presented by Martin Vehlow at
Berkshire Hathaway Starck Real Estate.
Listing Agent Photo

Property MLS #12057955 from MRED

Total Bathrooms: 0

Additional Parcels Description: 05283000040000
Lot Size Acres: 18.82
Lot Size Dimensions: APPROX 1470 X 679 X 298 X 148 X 323 X 244 X 706 X 863
Lot Size Square Feet: 819799

Frontage Type: Public Road
Road Surface Type: Asphalt

Driveway: Gravel, Circular

Association: No
Calculated Total Monthly Association Fees: 0

High School: Grant Community High School
High School District: 124

Big Hollow Primary School is a public elementary school located approximately 2.7 miles away.
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Big Hollow Middle School is a public elementary and middle school located approximately 2.8 miles away.
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Grant Community High School is a public high school located approximately 3.4 miles away.
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St. John the Baptist Catholic School is a private elementary and middle school located approximately 3.3 miles away.
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Annual Tax Amount: 6164.08
Source Listing Status: Active Under Contract
County: Lake
Current Use: Agricultural
Directions: From the East, take Route 12 west on Sullivan Lake Rd, pass Brandenburg Rd property is next driveway on the right (north). From the West, take Chapel Hill then east on Lincoln Rd, pass Cuhlman Rd go 1 mile, driveway is on the north side of the road, west of Brandenburg Rd.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Farm
Parcel Number: 05281000080000
Township: Grant
Zoning: AGRIC
Property Subtype: Land
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$47,211 + $19,805
$67,016
$5,719
2020$47,090 + $19,230
$66,320
$5,762
2019$46,953 + $17,516
$64,469
$5,663
2018$68,738 + $21,197
$89,935
$8,837
2017$66,612 + $54,824
$121,436
$12,571
2016$65,061 + $49,986
$115,047
$12,954
2015$63,951 + $5,849
$69,800
$7,942
2014$63,951 + $5,849
$69,800
$9,282
2013$76,233 + $5,483
$81,716
$8,895
2012$78,123 + $5,518
$83,641
$7,983
2011$52,031 + $5,793
$57,824
$4,609
2010$55,114 + $5,803
$60,917
$4,288
2009$56,053 + $5,871
$61,924
$3,838
2008$56,002 + $5,783
$61,785
$3,798
2007$55,031 + $5,579
$60,610
$3,575
2006$55,398 + $3,323
$58,721
$3,382

Listed 2024-05-24
$600,000
MRED
Listed 2024-05-24
$600,000
MRED

Electric to Site
Well Private
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.