715 Ridgeview Drive, Mchenry, IL 60050

1,584 sqft

Condominium
Built in 2003
1,742sqft lot
—— car garage
$126/sqft
Listed 4 months ago

Property Description

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.

Listing Status:: Active
Listing Office:: Premier Commercial Realty : 847-854-2300
Listing Agent:: Heather Schweitzer : 815-236-9816
MLS ID:: 12304870

A/C: Central Air

This listing courtesy of Heather Schweitzer, Premier Commercial Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Riverwood Elementary School

300 S Driftwood Trl, McHenry, IL, 60050

Grades KG-5

0.61 miles away

Parkland Middle School

1802 N Ringwood Rd, McHenry, IL, 60050

Grades 6-8

2.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.