Corcoran Urban Real Estate
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Any Beds
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5 Properties Within 0.5 miles of: 9606 Cary Algonquin, Cary

9606 Cary Algonquin
Cary, IL 60013

  • 2 Beds
  • 1 / 1 Baths
Price

$599,000

Est Payment
$3,935 / month (details)  
Taxes
$8,578  
Beds
2  
Baths
1 / 1  
Rooms
6  
Type
Land  
Sq. Ft.
n/a  
Lot Size
545 X 450  
Neighborhood
Cary / Oakwood Hills / Trout Valley  
MLS
#10672548
Status
Cancelled

Property Description

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. Also listed as Detached MLS 10737676

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling Central Air
  • Water
  • Sewer

Additional Information

Schools
District 300

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-19-2020 Listed at $625,000
06-03-2020 Price decreased by $26,000 to $599,000
06-22-2021 Status changed to Cancelled
Last Modified 6/22/21 12:36 PM
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