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2816 Magellan Drive McHenry, IL 60051 Residential - Single Family Contingent

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Description

Great opportunity for a first-time homebuyer, investor, or anyone looking to add their own personal touch! This 2-bedroom, 1-bath home offers a functional layout and plenty of potential to make it your own. With a little TLC, this could be the perfect starter home, weekend retreat, or investment property. Recent updates include all new electrical, new plumbing, a brand-new walk-in shower, and a new washer and dryer, giving the next owner a great start. Enjoy the benefits of lake rights with access to a community pier, neighborhood parks, and the ability to walk to the water and enjoy all that lake living has to offer. The impressive detached 2-car garage provides plenty of space for vehicles, storage, hobbies, or a workshop, making it a standout feature of the property. This home is being sold as-is as part of an estate sale, offering a fantastic opportunity to build equity and make it your own. Affordable, full of potential, and located in a desirable lake community... don't miss your chance to unlock the possibilities this property has to offer!

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 792
Garage Size: 2
Built in 1938
School District: District 156

General Information

Bedrooms: 2
Bathrooms: 1
Sqft: 792
County: McHenry
Subdivision: Wooded Estates
Listed By:
Keller Williams Success Realty 847-456-6334
MRED MLS

Room Information

Bedroom 2: 12X12
Kitchen: 8X10
Primary Bedroom: 12X14
$165,000
Est. $1,132/mo
2beds
1baths
792sqft
2cars
New to the Market Contingent
BEDS2 BATHS1 full SQUARE FEET792 MLS#12665004
STATUSContingent PROPERTY TYPEResidential - Single Family SUBDIVISIONWooded Estates SCHOOLDistrict 156

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2816 Magellan Drive, McHenry, IL 60051.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $165,000$165,000$165,000
Down Payment $33,000$5,775$41,250
Monthly Mortgage Amount $802$998$1,019
Taxes $230$230$230
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$73$0
Monthly Estimated Total $1,132$1,401$1,349

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