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3-Unit Office Property
For Sale
$275,000

4901 W Elm Street, McHenry, IL 60050

Commercial Sale, McHenry, IL

Property SizeContact for details
Lot Size0.41 Acres
Days on Market35

Property Features for 4901 W Elm Street

General Information

Property type Commercial Sale
Property subtype Office
Directions Rt 31 to Rt 120 WEST to commercial building.
Subdivision Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
Standard status Active
APN 0927303041
Lot size 0.41 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11620

Utilities

Cooling system Central Air

Building Details

Year built 1974
Floors in Building 1
Number of units 3
Building materials Brick
Roof type Composition
Listing Agency: Better Homes and Garden Real Estate Star Homes · Better Homes and Gardens Real Estate
Listed By: Jim Starwalt · License #471010243
Added: Jul 27 Changed: Aug 19 Last Checked: Aug 30 at 2:06AM
MLS# 12716660

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.

This 3-unit office property at 4901 W Elm Street includes three separate office suites, a large on-site parking lot, brick construction, central air, and a composition roof. Built in 1974, the property offers a practical configuration for owner occupancy or multi-suite operation. Two units are vacant, while the third is occupied under a month-to-month lease.

The property fronts Illinois Route 120, which carries an average daily traffic count of approximately 17,600 vehicles per IDOT. Its location along the route provides direct road exposure and access within the McHenry commercial corridor. The 0.41-acre site combines office improvements with parking and multiple occupancy options.

Key Highlights

  • 3‑unit office property on a 0.41‑acre site
  • Illinois Route 120 exposure with approximately 17,600 vehicles in average daily traffic
  • Two units are vacant; one unit is occupied on a month‑to‑month lease

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby

Demographics for 60050, IL

31,854
Population
13,399
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
91%
High-School Grad
26.4 sq mi
ZIP Area
1,207
Density / Sq Mi
$86,315
Median Household Income
$48,953
Median Earnings
$1,522
Median Rent
$244,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Separate suites, on-site parking, and flexible occupancy support immediate use or continued leasing.
Where is this office units located?
The property is located at 4901 W Elm Street McHenry, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3‑unit office property on a 0.41‑acre site; Illinois Route 120 exposure with approximately 17,600 vehicles in average daily traffic; Two units are vacant; one unit is occupied on a month‑to‑month lease
More about this property
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