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3601 Municipal Drive

Mchenry, IL 60050
  • $725,000
  • STATUS: Active
  • ON SITE: 232 Days
  • MLS #: 11429734
UPDATED: 43 min ago
$725,000
  • 0
    BEDS
  • 4.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

An opportunity awaits for you to invest in eight condo units in the established Ridgeview Office Complex here in McHenry Illinois. Multiple tenants occupy with long term leases as well as three vacant spaces available for owner use. Occupied by medical, dental, professional offices, florist, and hair salon. You can choose to buy the entire package or individual condo spaces. Excellent corner stoplight exposure on the corner of Green Street and Charles J Miller Memorial Highway. Strong signage on Charles J Miller Memorial Highway. New Roof on the building in 2022. Prime location next to McHenry City Hall.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-01-28T21:57:46.527 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3601 Municipal Drive Mchenry, IL 60050

  • Price: $725,000
  • Status: Active
  • On Site: 232 Days
  • Updated: 43 min ago
  • MLS #: 11429734
0
Beds
0
Baths
0
½ Baths
4.33
Acres
2007
Built
Neighborhood:
Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom La
County:
McHenry
Area:
Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom La
Property Description
An opportunity awaits for you to invest in eight condo units in the established Ridgeview Office Complex here in McHenry Illinois. Multiple tenants occupy with long term leases as well as three vacant spaces available for owner use. Occupied by medical, dental, professional offices, florist, and hair salon. You can choose to buy the entire package or individual condo spaces. Excellent corner stoplight exposure on the corner of Green Street and Charles J Miller Memorial Highway. Strong signage on Charles J Miller Memorial Highway. New Roof on the building in 2022. Prime location next to McHenry City Hall.
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City StreetSignal IntersectionState Road Outdoor Parking Over 100 SpacesPaved Parking Total 122 Roof Structure Hip Water Drainage On Site RetentionStorm Sewers

Interior Features

Cooling Central Individual Flooring Other Heat Ventilation Forced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Approximate Age 7-15 Years Building Area Total 20850 Built Before1978 YN No Current Use CommercialCondominium Electric Circuit BreakersSeparate Meters Fire Protection Sprinklers-DrySprinklers-Wet Geographic Locale Northwest Suburban Gross Income 125436 Gross Scheduled Income 125436 Leasable Area 2200 Location Commercial Business ParkCornerOffice Park Mls Actual Status Active Net Operating Income 86629 Number Of Tenants 7 Operating Expense 56807 Ownership Types Corporation Possible Use CommercialOffice And ResearchRetail Property Offered For Sale Or Rent Rental Price 12 Tax Year 2021 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatTaxesInsurance Total Monthly Income 10453 Township Nunda Type Office/Tech Zoning Offic

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: 847-306-6158.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-01-28T21:57:46.527 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Ryan Dallas Real Estate
4112C Fieldstone Road
Champaign IL, 61822