For Sale

Do not under estimate the potential here. This is an unrivaled live/work/investment opportunity. This private residence, completed in 2017, is occupied by a retiring high end custom home builder and converted from an old barn into the trendy home you see here today. By re-purposing much of the 100 plus year old barn siding and timbers, the merger of old and new is stimulating and fun to see. The structures are set back on almost six unincorporated and usable acres including a serine spring fed pond all backing up to the Fox Bluff Conservation. Downtown Cary, the commuter train station, shopping, and miles of walking trails are literally just minutes away. The excellent rental income potential is one appeal but for a contractors home based business, or maybe an organic farm stand, Landscaping enterprise, or perhaps someone content to live here at little to no cost using rental income. You decide. There are 5 oversized enclosed storage units each with concrete floors and electric power, 2 open bay units, and a myriad of outdoor parking configurations for generating even more revenue from this versatile, unincorporated property. The main residence is super sweet and unique and boasts rustic beams, 100 + year old barn siding and million-dollar views with 2 or 3 bedrooms, one with a huge balcony style deck overlooking the property. The home office could easily be the 3rd bedroom. This property potential is boundless and the rental income is estimated to be $4,000 per month from the existing structures and much more utilizing the outdoor space for additional boat, camper, grower, or equipment rental. Call today to schedule an appointment to walk the grounds and see the home and outbuildings. This home is owner occupied so please do not enter the property without an appointment.

Property Details

  • Beds: 2
  • Baths: 2.0
  • Sq Feet: 1850
  • Year Built: 2017
  • Lake: Fox River - Algonquin County
  • Acres: 5.630
  • Lot Dimensions:
  • Waterfront: Yes
  • Waterview: No
  • Water Frontage:
  • ViewTypes:
  • Dock Type:
  • Dock Description:
  • County: McHenry County
  • Lake Community:
  • Heat/AC:
  • Garage: Garage
  • Siding: Cedar Siding
  • Yard:
  • Utilities:
  • Roof: Metal
  • Stories: 2.0
  • Fireplaces:
  • Property Taxes: 8578.08
  • MLS #: 10737676

Location

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Contact Information:

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Ad Statistics:

This is Ad No: 866813
It has been viewed: 143 times
Added on: Jul 03, 2020
Updated on: Oct 31, 2020
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing Agent: Joseph Woodbury, RE/MAX of Barrington, 847-381-5996 Listing Site
Copyright © 2021 Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.