715 Ridgeview Drive Mchenry, IL 60050

$200,000

Active / MLS# 12304870 / Commercial - Office / Mchenry

0 Beds

1584 SqFt

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.

Property Details

Property Type: Commercial - Office

Cooling: Central Air

Lot Size: 0.04 Acres

Stories: 1.0

Taxes: $5,207

Year Built: 2003

Feature Descriptions

Electric: Service - 0 to 100 Amps

Fire Protection: Partially Sprinklered

HVAC: Forced Air, Gas

Lot Dimensions: 1584

Parcel#: 1403380015

Parking: 19-30 Spaces, Lighted

Location

See details and scored characteristics about this location.

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