Share Listing   Show Commission
  Edit Listing
Last updated on December 3rd, 2024

Multi Tenant User/Investor Office

$2,400,000

4209 W. Shamrock Lane, McHenry, Illinois 60050


Building Size20,000 Square Feet
Land Size2.26 Acres
ZoningO1
Parking100 Common
WaterCity
SewerCity
Electric200-600 amp
Year Built2000

USER/INVESTOR OFFICE BUILDING

20,000 SF

For sale or lease, 24 year old 20,000 of masonry single story office building on 2.26 acres. 50% leased with $158,770 current gross income (plus CAM and tax over stops).

Unit B available for user or lease: 10,000 SF has 17 office / conference room mix, large open area, 2 multi-stall bathrooms and break room. $12 psf Gross (CAM & taxes included).

See proforma rent roll and operating statement. 7.4% CAP rate at 95% occupancy (using only $12 psf gross for vacant 10,000 SF).

Two long term quality tenants – Dialysis since 2012 and Psychologist since 2016. Only a 9 iron from Northwestern Hospital.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

Top of Page