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3937 & 3939 Main Street McHenry, IL $ 539,000
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3937 & 3939 Main Street
$ 539,000
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3937 & 3939 Main Street

McHenry, IL, 60050
$ 539,000
Bedrooms1 Baths0.0 Sq 5,991

Monthly Estimate*

$ 3,403

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Multi-Family Home for sale in McHenry, IL

for $539,000 with 1 bedroom. This 5,991 square foot home was built in 1895 on a lot size of 0.22.

23 single residence occupancy units in 2 story vintage downtown McHenry building with 20 units leased (87% occupancy). Units rented week to week or month to month. Laundry room. Separate 400 sf leasing/management office could be converted to apartment, store or office. Close to commuter train and downtown restaurants. Potential for redevelopment or creative re-use. City in process of establishing TIF district and plans area capital improvements. Priced below local Assessor valuation. Management in place. Ask for rent roll and operating statement. 11.3% actual cap rate.

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Multi-Family Active

Price

$ 539,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 17,597

Style

Multi-Family

Lot Size

0.22

Year Built

1895

Town/City

McHenry

County/Region

McHenry

MLS | Web ID

12737348
Features
General
Cooling None
Utilities Sewer Connected
Possession Closing Negotiable
Zoning COMMR
Construction Materials Brick Wood Cedar
Year Built 1895
Tenant Pays None
Stories Count 2
Township McHenry
Tax Year 2025
Current Use Multi-Family
Gross Income 135360
County McHenry
Net Operating Income 61318
Operating Expense 56445
Insurance Expense 8400
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 3000
Possible Use Commercial Condominium Multi-Family Retail Single Room Occupancy
Status New
Directions State Rt 31 to Main St. West on Main St to property on South side of street.
City McHenry
Number Of Units Total 23
MLS Area Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
Lot Size Square Feet 9487
Tax Annual Amount 17597
Electric Expense 4200
Fuel Expense 4200
Trash Expense 1800
Water Sewer Expense 3000
Ok to Lease Month To Month
Additional Parcels Y/N N
Standard Status Active
Cap Rate 11.3
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Interior
Basement Unfinished
Total Fireplaces 0
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 5991
Lot Dimensions 90 X 24 X 149 X 166
Lot Size Acres 0.22
Frontage Type City Street
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* Excluded Features
List By
Premier Commercial Realty

Broker

brucek@premiercommercialrealty.com

Email

Affordability Calculator

$4,870
Per Month
70%
30%
0%
Monthly Principal & Interest
$3,403
Monthly Property Taxes
$1,466
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/19/2026$539,000 Listed Price

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3937 & 3939 Main Street, McHenry, IL, 60050 is a Multi-Family Home for sale at $539,000 with 5,991 sqft and a lot size of 0.22. 3937 & 3939 Main Street has 1 bedrooms, 0.0 baths, and was built in 1895. The property's zip code is 60050 which is in McHenry, IL

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