Step into a rare opportunity to own a landmark residence offering exceptional income and investment potential, blending timeless architectural character with extensive modern upgrades. Set on a beautifully landscaped, park-like lot in a premier location near the Riverwalk, this stately home offers generous living and entertaining spaces including elegant living and dining rooms with crown molding and high-end baseboards, a living room fireplace, sunroom, and dedicated first-floor office/den. The fully remodeled kitchen features radiant electric heated floors, island seating, recessed lighting, stylish backsplash, and high-end appliances, complemented by a convenient laundry chute. The second floor offers multiple bedrooms-most with hardwood flooring-served by a remodeled full bath, while a second full bathroom in the finished basement adds flexibility, along with additional usable living space. Outdoor highlights include stone patios, decorative water feature, updated fencing, mature landscaping, and a newly built tool shed. Window treatments and a modern TV on swivel arm are included. Major improvements include modern electrical, newer Copley roof on both house and garage, updated plumbing, professionally maintained boiler system with radiators and individual temperature controls, newer appliances, full blacktop driveway replacement, new garage door and siding, sealed garage flooring, ADT security system, brand-new carpet (2025), convenient laundry, and a detached garage. Ideally located near schools and just steps from downtown McHenry with exceptional walkability to shops, dining, parks, community events, trail access, marina, biking, and water recreation, this property presents rare potential for a bed & breakfast, live/work concept, or long-term investment in one of the area's most desirable in-town locations.