Address
3911-3929 Mercy Drive, McHenry, IL
Price
$ 2,300,000
Property Attributes
  • MLS#12030686
  • TypeCommercial
  • CountyMCHENRY
  • CityMcHenry
  • AreaHoliday Hills - Johnsburg - McHenry - Lakemoor - M
  • Zip60050
  • StyleOffice
  • Year Built2007
  • Taxes$ 48827
  • Price$ 2,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21360
  • Lot Size2.5 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

58% leased 21,360 sf single story multi-tenant office building near Northwestern and Mercy medical facilities. Ideal for user/investor. 6499 and 1450 sq ft spaces available to lease or for user/investor. See rent roll and proforma operating statement. Selling way below cost to build new. Asking only $12 psf for vacant office spaces. SBA financing available with as little as 10% down (must occupy 51% of building). Note:building has a partial basement.

Price History
4/16/2024 Listed $2,300,000

General Features

Cooling Central Air,Central Individual
Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal
Possession Negotiable
Roof Composition
Zoning OFFIC
Construction Materials Brick
Year Built 2007
Electric Circuit Breakers,Separate Meters,Service - 101 to 200 Amps,Three Phase
Tenant Pays Air Conditioning,Electricity,Heat,Scavenger
Stories 1
Township Nunda
Property SubType Office
Tax Year 2022
Current Use Office
Gross Income 134652
County McHenry
Net Operating Income 52567
Operating Expense 82085
Property Type Commercial Sale
Possible Use Office and Research
Status Active
Directions Rt 31 to Mercy Drive. East to property behind the Starbucks
City McHenry
Total Units 7
MLS Area Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
Lot Size Square Feet 108900
Street Name Mercy
Tax Annual Amount 48827
Additional Parcels Y/N Yes
Leasable Area 6499
Days on Market 7
Lease Type Gross
Standard Status Active
Property Type Office/Tech

Interior Features

Flooring Carpet,Tile,Varies
Street Suffix Drive

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 21360
Lot Dimensions 108900 SQUARE FEET
Lot Size Acres 2.5
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
AVG $370K
$2.3M
Taxes
AVG $15,033
$48,827
Visits
AVG 183
45
Data Provided by Inside Real Estate®
Year Built
AVG 1980
2007

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