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    3911-3929 Mercy Dr McHenry, IL 60050

    For Sale
    $2,300,000

    Multi-tenant office building, ideal user/investor.

    Property size:
    21,360 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 21,360 square foot, single-story multi-tenant office building is situated on a 2.5-acre lot at 3911-3929 Mercy Drive in McHenry, Illinois. Currently 58% leased, this property presents a compelling opportunity for both users and investors. The building boasts readily available office spaces totaling 6,499 and 1,450 square feet, perfect for expansion or immediate occupancy. Detailed financial information, including a rent roll and proforma operating statement, is available upon request. The asking price of $2,300,000 represents a significant discount compared to the cost of new construction, offering substantial value. Vacant office spaces are priced attractively at $12 per square foot. For owner-occupiers, SBA financing is available with a low 10% down payment, contingent upon occupying at least 51% of the building. The property includes a partial basement, adding to its overall functionality. Its convenient location near Northwestern and Mercy medical facilities provides excellent visibility and accessibility. This is a rare opportunity to acquire a well-located, multi-tenant office building at a price point that significantly undercuts replacement cost. Don't miss this chance to secure a valuable asset in a thriving market.

    Property Features for 3911-3929 Mercy Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    21,360 SF
    Lot Size
    108,900 SF

    Building Details

    Year Built
    2007
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    McHenry
    County
    McHenry
    State
    Illinois
    Longitude
    -88.2746
    Latitude
    42.31595

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    FAQs

    What type of property is this?
    Office Property / Space - Multi-tenant office building, ideal user/investor.
    Where is this office property / space located?
    The property is located at 3911-3929 Mercy Dr McHenry, IL.
    What is the asking price?
    The asking price for this property is $2,300,000.
    (847) 854-2300
    Request Owner's contact information
    3911-3929 Mercy Dr 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
    3911-3929 Mercy Dr McHenry, IL 60050
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