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$2,400,000

Est. payment - /mo

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20,000 SqFt

Active

4209 W Shamrock LN #B Mchenry, IL 60050

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 20,000 sqft

Price per Sqft $120

MLS Listing ID 12310220

Year Built 2000

Annual Tax Amount $60,636

Tax Year 2023

Lot Size 2.260 Acres

Lot Dimensions 276X355

Property Sub-Type Office/Tech

Property Description

SALE OR LEASE-USER INVESTOR OFFICE BUILDING-25 year old 20,000 sf masonry single story office building on 2.26 acres. 50% leased with $158,770 current gross income (plus CAM and tax over stops). 10,000 sf unit B vacant for user or new tenant. Space can be demised to 2500 sf or possibly less. See proforma rent roll and operating statement. 7.4% cap rate at 95% occupancy (using only $12 psf gross for vacant 10000 sf). Two long term quality tenants --Dialysis since 2012 and psychologist since 2016. Only a 9 iron from Northwestern Hospital.

Location

State IL

County Mchenry

Area Holiday Hills / Johnsburg / Mchenry / Lakemoor /

Zoning OFFIC

Interior

Cooling Central Air

Flooring Carpet, Tile, Varies

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected

Roof Type Membrane

Building

Dwelling Type Office/Tech

Water Municipal Water

Structure Type Brick

Listed by Bruce Kaplan of Premier Commercial Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106