Description
MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE FRIDAY 4/3 at NOON. Opportunity knocks on the Fox River in the desirable Chain O'Lakes! This charming 1 bed, 1 bath riverfront cottage offers 67 feet of water frontage-perfect for boating, fishing, or simply enjoying peaceful waterfront views. The home does need interior updating, making it a great chance to bring your vision to life and build equity in a prime location. Major exterior improvements have already been taken care of, including a new roof (2023), siding (2020), septic system (2019), and water heater (2021). An additional structure on the property provides excellent storage space and has the potential to be converted into a 2-car garage-just add overhead doors to complete the transformation. Please note: property taxes will be lower and do not currently reflect a homeowner's exemption. Whether you're looking for a weekend getaway, investment opportunity, or a cozy year-round retreat, this Fox River property is full of potential!
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 779
Built in 1930
Elementary School: Johnsburg Elementary School
High School: Johnsburg High School
Middle School: Johnsburg Junior High School
River Front
One Fireplace
General Information
Bedrooms: 1
Bathrooms: 1
Sqft: 779
County: McHenry
High School: Johnsburg High School
Listed By:
Berkshire Hathaway HomeServices Starck Real Estate
815-385-5505
MRED MLS
MLS ID: 12602551
Room Information
Foyer: 8X12
Dining Room: 8X10
Kitchen: 12X14
Living Room: 16X17
Primary Bedroom: 8X10
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1906 River Terrace Drive, Johnsburg, IL 60051.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $279,500 | $279,500 | $279,500 |
| Down Payment | $55,900 | $9,783 | $69,875 |
| Monthly Mortgage Amount | $1,323 | $1,645 | $1,713 |
| Taxes | $389 | $389 | $389 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $123 | $0 |
| Monthly Estimated Total | $1,812 | $2,257 | $2,202 |