$185,000

2816 Magellan Drive, McHenry, IL 60051

Active Under Contract
2 beds 1 baths 792 sqft (assessor) Built 1938 Residential MLS #MRD12716402 3 days on market
Listing courtesy of Keller Williams Success Realty · 847-456-6334 · MLS #MRD12716402 · Status: Active Under Contract
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 details

Interior

Appliances
Range, Refrigerator, Washer, Dryer
Interior features
Paneling
Flooring
Carpet
Basement
None
Additional rooms
No additional rooms
Total rooms
3

Building & exterior

Age
81-90 Years
Exterior
Vinyl Siding

Parking

Garage spaces
2
Total spaces
8
Parking details
Asphalt, Yes, Garage Owned, Detached, Driveway, Garage

Lot & location

Lot dimensions
75x135
Township
McHenry
County
McHenry

Utilities

Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Well
Sewer
Septic Tank
Electricity
Circuit Breakers

HOA & community

Assessment includes
None

Schools

Elementary
(15)
Junior high
(15)
High school
(156)

Taxes & terms

Annual taxes
$2,233 (2025)
Parcel number (PIN)
1020129007
PIN
1020129007
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
7/27/2026

Rooms

RoomSizeLevelFlooring
Bedroom 212X12Main
Bedroom 3N/A
Bedroom 4N/A
Dining RoomN/A
Family RoomN/A
Kitchen8X10Main
LaundryN/A
Living RoomN/A
Master Bedroom12X14Main

What would this home cost per month?

Using this listing's actual tax bill (2025) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

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$150,000
3 bd · 1 ba · 1,483 sqft
5504 Louella Avenue, McHenry, IL 60050
Want to see this home?

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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