Address
4209 W Shamrock Lane # B, McHenry, IL
Price
$ 2,400,000
Property Attributes
- MLS#12010515
- TypeCommercial
- CountyMCHENRY
- CityMcHenry
- AreaHoliday Hills - Johnsburg - McHenry - Lakemoor - M
- NeighborhoodMchenry Shores
- Zip60050
- StyleOffice
- Year Built2000
- Taxes$ 57104
- Price$ 2,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage20000
- Lot Size2.26 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
SALE OR LEASE-USER INVESTOR OFFICE BUILDING-24 year old 20,000 sf masonry single story office building on 2.26 acres. 50% leased with $154,920 current gross income (plus CAM and tax over stops). 10,000 sf unit B vacant for user or new tenant. See proforma rent roll and operating statement. 7.6% cap rate at 95% occupancy (using only $12 psf gross for vacant 10000 sf). Two long term quality tenants --Dialysis since 2012 and psychologist since 2016. Only a 9 iron from Northwestern Hospital.
| Price History | |
|---|---|
| 3/21/2024 | Listed $2,400,000 |
General Features
| Cooling | Central Air |
|---|---|
| Utilities | Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal |
| Possession | Negotiable |
| Roof | Membrane |
| Zoning | OFFIC |
| Construction Materials | Brick |
| Year Built | 2000 |
| Electric | Circuit Breakers,Separate Meters,Service - 101 to 200 Amps,Service - 201 to 600 Amps |
| Tenant Pays | Air Conditioning,Common Area Maintenance,Electricity,Heat,Taxes,Varies by Tenant |
| Stories | 1 |
| Township | Nunda |
| Unit Number | B |
| Property SubType | Medical,Office |
| Tax Year | 2022 |
| Current Use | Office |
| Gross Income | 274920 |
| County | McHenry |
| Net Operating Income | 182644 |
| Operating Expense | 82520 |
| Property Type | Commercial Sale |
| Possible Use | Office and Research |
| Status | Active |
| Directions | Rt 31 to Shamrock,West to property on right |
| City | McHenry |
| Total Units | 3 |
| MLS Area | Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood |
| Lot Size Square Feet | 98445 |
| Street Name | Shamrock |
| Tax Annual Amount | 57104 |
| Additional Parcels Y/N | No |
| Leasable Area | 10000 |
| Days on Market | 24 |
| Lease Type | Modified Gross |
| Standard Status | Active |
| Property Type | Office/Tech |
| Total Actual Rent | 10000 |
Interior Features
| Flooring | Carpet,Tile,Varies |
|---|---|
| Street Suffix | Lane |
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 20000 |
| Lot Dimensions | 276X355 |
| Lot Size Acres | 2.26 |
| Frontage Type | City Street |
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60050
Price
Taxes
Visits
Year Built
