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$420,000
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Property Description
Are you ready to make your mark in the heart of the city? This beautifully updated, mixed-use property is your ultimate launchpad! Whether you're planning to grow an established business or invest in a thriving area, this prime location keeps you at the center of the action. The property features two versatile retail spaces on the ground floor-currently operating as a thriving salon- where the original hardwood floors themselves, gracefully worn in just the right places, reveal the natural beauty of the wood beneath and tells the story of success and longevity shaped over time by the soles of countless patrons. A three-bedroom apartment upstairs can serve as an additional rental income source or a perfect live-work retreat, keeping you close to the pulse of your business. What makes this property even more rare? A brand-new parking lot, offering convenient access for your customers in a location where parking is premium. Plus, there's additional street parking for even more convenience. Envision your business taking the spotlight during community events at nearby Veteran's Memorial Park, offering unparalleled exposure and visibility to a steady flow of visitors. Situated steps away from the vibrant Riverwalk Shoppes, Miller Point and Route 120, this property is positioned perfectly to draw high foot traffic and endless possibilities. With newer updates including a boiler, water heater, siding, roof, windows, rear porches, retaining wall, all exterior doors and parking lot, as well as updated electric and plumbing, everything is in place for a seamless transition. Whether you're looking to invest in a proven business model or ready to create something of your own, this property offers the stability and flexibility to grow. Step into a vibrant community and make your vision a reality today!
Full Property Details
Full Property Details for 1308 Park St
General
- Price: $420,000
- Taxes: $8,381 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12203995
- Updated: 11/11/2024
- Added to Site: 39 day(s) ago
Interior
- Interior Features: Passenger Elevator(s), Basement
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Location
- Area: Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
- County: McHenry
- Township: McHenry
- Driving Directions: Rt 120 to Park N to property
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Radiators
Utilities
- Trash: 1
Structural Information
- Stories/Levels: 2
- Square Feet: 2,360
- # of Stores: 1
- Year Built: 1908
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 9,108
- Lot Dimensions: 69 x 132
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $1
- Security Deposit: Carbon Monoxide Detector(s)
- Assessment Year: 1908
- Tax Amount: $8,381
- Tax Year: 2023
- Pays Electric: 1
- Pays Trash: 1
Disclosures and Reports
- Property ID: 926453004
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 1308 Park St
School Districts:McHenry Community Consolidated School District 15, McHenry Community High School District 156
Rating | Name | Grades | Distance |
---|---|---|---|
3711 W Kane Ave, McHenry, IL 60050 | 4-5 | 0.7 mi | |
2615 W Lincoln Rd, McHenry, IL 60051 | K-3 | 0.8 mi | |
2120 W Lincoln Rd, McHenry, IL 60051 | 6-8 | 1.3 mi | |
McHenry High School East Campus
1012 N Green St, McHenry, IL 60050 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1308 Park St
Date
Details
Price
Change
Source
11/05/2024
Listed
$420,000
111.06%
MLS
11/04/2021
Sold
$199,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1308 Park St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,381
100%
$90,731
8%
2022
-100%
$84,174
7%
2021
$7,669
—
$78,389
4%
2021
$7,669
4%
$75,121
5%
2019
$7,356
-6%
$71,333
5%
2018
$7,804
3%
$68,099
7%
2017
$7,544
3%
$63,913
7%
2016
$7,346
1%
$59,732
7%
2015
$7,294
-2%
$55,616
-2%
2014
$7,416
3%
$56,832
-3%
2013
$7,235
3%
$58,808
-8%
2012
$7,030
—
$63,887
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1308 Park St
1308 Park Street, McHenry, IL 60050 (MLS# 12203995) is a Commercial property. 1308 Park Street is currently listed for $420,000 and was received on November 05, 2024. This property is listed by Kelly Simpson from our Northwest Office.Want to learn more about 1308 Park Street? Do you have questions about finding other Commercial real estate for sale in McHenry? You can browse all McHenry real estate or contact a Coldwell Banker agent to request more information.