715 Ridgeview DR Active

Mchenry,IL 60050

$ 200000

- Bed

0 Bath

1584 SqFt


Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 1,584 sqft

Price per Sqft $126

MLS Listing ID 12304870

Year Built 2003

Annual Tax Amount $5,106

Tax Year 2023

Lot Dimensions 1584

Property Sub-Type Office/Tech

Property Description

Office Condo Investment Opportunity 1,584 SF Fully Leased Fully leased 1,584 SF professional office condo with 208 SF of additional storage in the Capital Court Commons. Beautifully buildout with 2 private offices, large conference room (could be 3rd office), open reception / clerical area, file room, kitchenette and private bathroom. Lots of natural light. Existing tenant (One Hope United) has a lease signed through May of 2029 with annual escalations and an option to renew. (ask broker for financials and rent roll). NOI is $19,365 with a 9.7% CAP. Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital. Adjacent condo also available for sale. Note: Photos taken prior to Tenant occupancy.

Location

State IL

County Mchenry

Area Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom Lake / Sunnyside / Ringwood

Zoning OFFIC

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Office/Tech

Level or Stories 1

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