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    607 Front St McHenry, IL 60050

    Sponsored
    For Sale
    $625,000

    Five-unit building, high-traffic location.

    Property size:
    4,670 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional investment opportunity presents a well-maintained, five-unit brick building situated at 607 Front Street in McHenry, Illinois. Constructed in 1986, this 4,670 square foot property offers significant potential for income generation. Each of the five units boasts its own private entrance, restroom, and individual heating and cooling system, ensuring tenant comfort and independence. Recent servicing of all HVAC units guarantees efficient and reliable climate control. The property features a spacious parking lot accommodating up to 25 vehicles, enhancing convenience for tenants and visitors. Strategic positioning on Front Street (Route 31) and Lillian Street provides excellent accessibility and visibility, further amplified by a double-faced pole sign on Route 31. Currently, one unit is leased on a month-to-month basis, while the remaining four units are vacant, presenting immediate opportunities for lease agreements and revenue generation. The property's solid brick construction ensures durability and longevity. This versatile property is ideal for use as a single, large unit or as a multi-unit rental property, offering a compelling blend of stability and income potential. Offers are welcome.

    Property Features for 607 Front St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,670 SF

    Building Details

    Year Built
    1986
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McHenry
    County
    McHenry
    State
    Illinois
    Longitude
    -88.27487
    Latitude
    42.33634

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    FAQs

    What type of property is this?
    Commercial real estate - Five-unit building, high-traffic location.
    Where is this commercial real estate located?
    The property is located at 607 Front St McHenry, IL.
    What is the asking price?
    The asking price for this property is $625,000.
    (847) 255-1000
    Request Owner's contact information
    607 Front St McHenry, IL 60050
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    McHenry, IL 60050
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    607 Front St McHenry, IL 60050
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