Active1 days on market
$300,000
3320 Bull Valley Road
McHenry, IL 60050
- Beds
- 3
- Baths
- 1 full
- Sqft
- 1,045
- $/sqft
- $287
- Lot
- 1.78 ac
- Built
- 1928
- Type
- Single Family
- MLS#
- MRD12785995
About this home
Incredible opportunity in a prime McHenry location with outstanding versatility and investment potential! Whether you're searching for a primary residence, an income-producing investment property, or a future redevelopment opportunity, 3320 Bull Valley Road offers a unique combination of location, flexibility, and potential. Situated on 1.78 acres with frontage along both Bull Valley Road and Charles Miller Parkway, this property provides excellent visibility and accessibility. For investors and developers, the property was previously pre-approved by the City of McHenry in 2020 for a proposed 24-unit multifamily development featuring two-bedroom apartments. This presents an exciting opportunity for those looking to explore residential redevelopment in a desirable McHenry location. Buyers are encouraged to verify the current status of development approvals directly with the City of McHenry. Not ready to develop? The existing home offers an estimated rental potential of $2,300 per month, providing an opportunity to generate income while exploring future development plans. For buyers seeking a primary residence, the home features 3 bedrooms, 1 full bathroom, and numerous recent improvements, including brand-new carpeting, fresh interior paint, updated appliances, a new water heater, and an updated bathroom. These improvements make the home an attractive option for buyers looking for a move-in-ready property with additional long-term potential. As an added opportunity, the seller owns a construction company and is offering to install brand-new windows and siding for an additional $25,000, allowing buyers to further enhance the property's curb appeal and value. Live in it, rent it out, or develop it! With nearly two acres of land, a highly visible location, recent interior improvements, and potential for future multifamily development, 3320 Bull Valley Road offers an exceptional opportunity for homeowners, investors, and developers alike. Bring your vision and explore the possibilities!
Payment calculator
Estimated monthly cost for this home
20% · $60K
%
Term
$2,208/mo
- Principal & interest
- $1,662
- Property taxes
- $459
- Home insurance (est.)
- $88
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (7.4%, 2026-10-15). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
Price & tax history
| Listed Oct 22, 2026 | $300,000 |
| 2025 property taxes | $5,504/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Where it sits
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of HomeSmart Connect LLC, listed by Bradley Fox.
Information last updated Oct 22, 2026, 12:18 PM.
3320 Bull Valley Road
McHenry, IL 60050
Talk to a Subdiview agent.
Local. They live in the area and know what’s behind these floor plans, not someone who paid for a lead.
Get the full disclosure packet, recent comps, and a private showing within 24 hours.
Call 224-385-8779Property details
Sourced from the MRED MLS feed. Last updated when the listing was modified.
- Cooling
- None
- Heating
- Gas
- Basement
- Unfinished, Partial
- Appliances
- Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
- Rooms total
- 5
- Fireplaces total
- 0