Downtown McHenry Commercial
3908 Main Street McHenry, IL 60050
3908 Main Street, McHenry, IL, 60050
$99,900
For Sale
$99,900
COMMERCIAL - McHenry, IL
Property Size560 SF
Lot Size0.02 Acres
Price / SF$178.39
Days on Market159
Property Features for 3908 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- COMMR
- Standard status
- Active
- APN
- 0926354035
- Size
- 560 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2127
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1935
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Wood
Listing agency
Dream Real Estate, Inc.
(815) 331-9520
Listed by
Caroline Touhy · License #471000585
(815) 331-9520
Added: Feb 12 Updated: May 13 at 10:26PM Checked: Jul 21 at 11:06PM
MLS# 12563181
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in the heart of downtown McHenry's established business district, this 560-square-foot commercial space offers an accessible entry point for entrepreneurs, startups, or established businesses. The property includes two deeded parking spots, plus additional street parking for customer convenience. The building's character reflects its history and will need updates, creating an opportunity to customize the space. Benefiting from established foot traffic, surrounding businesses, and the visibility that comes with a main street presence. The compact size keeps overhead manageable while the ownership model turns your monthly payment into long-term asset building. This represents an accessible path to commercial real estate ownership. The lot size is 0.0171 acres. Building sold AS-IS.
Key Highlights
- Prime downtown McHenry location with high foot traffic and visibility.
- Two deeded parking spots, a valuable downtown asset.
- Own your business location instead of renting, building equity.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $8.4k | $15.00 |
| − Vacancy | −$680 | −$1.22 |
| EGI | $7.7k | $13.79 |
| − OpEx | −$2.3k | −$4.14 |
| NOI | $5.4k | $9.65 |
560 SF · lease $15.00/SF/yr · vacancy 8.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$77.2K
$67.6K – $90.1K
NOI $5,404 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$193.3K
$169.2K – $225.6K
NOI $13,534 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Own your business location in McHenry's established business district.
Where is this storefront property located?
The property is located at 3908 Main Street McHenry, IL.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Prime downtown McHenry location with high foot traffic and visibility.; Two deeded parking spots, a valuable downtown asset.; Own your business location instead of renting, building equity.
