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715 Ridgeview Drive McHenry, IL $ 200,000
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$ 200,000 Get more info
715 Ridgeview Drive
$ 200,000
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715 Ridgeview Drive

McHenry, IL, 60050
$ 200,000
Bedrooms-- Baths-- Sq 1,584

Monthly Estimate*

$ 1,248

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Commercial Property for sale in McHenry, IL

for $200,000. This 1,584 square foot building was built in 2003 on a lot size of 0.036364.

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.

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Commercial Active

Price

$ 200,000

Property Type

Commercial

Taxes

$ 5,207

Style

Lot Size

0.036364

Year Built

2003

Town/City

McHenry

County/Region

McHenry

MLS | Web ID

12304870
Features
General
Cooling Central Air
Zoning OFFIC
Year Built 2003
Electric Service - 0 to 100 Amps
Stories Count 1
Property Subtype Condominium
Tax Year 2024
Gross Income 0
County McHenry
Net Operating Income 19365
Operating Expense 0
Property Type Commercial Sale Office/Tech
Status Active
Directions South on Ridgeview from Bull Valley Rd
City McHenry
MLS Area Holiday Hills / Johnsburg / McHenry / Lakemoor /
Lot Size Square Feet 1584
Tax Annual Amount 5207.36
Additional Parcels Y/N N
Leasable Area 1584
Standard Status Active
Cap Rate 9.7
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Exterior
Building Area Total 1584
Lot Dimensions 1584
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* Excluded Features
List By
Premier Commercial Realty

Broker

HeatherS@PremierCommercialRealty.com

Email

Affordability Calculator

$1,682
Per Month
74%
26%
0%
Monthly Principal & Interest
$1,248
Monthly Property Taxes
$434
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/5/2025$200,000 Listed Price

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715 Ridgeview Drive, McHenry, IL, 60050 is a Commercial Property for sale at $200,000 with 1,584 sqft and a lot size of 0.036364. 715 Ridgeview Drive was built in 2003. The property's zip code is 60050 which is in McHenry, IL

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