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    11805 Main Street Huntley, IL 60142

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    COMMERCIAL - Huntley, IL

    Type:Retail
    Property size:
    977 SF
    Added:
    Mar 26, 2026
    Days on Market:
    34
    Last Refresh:
    Apr 28 at 8:06 pm

    Property Features for 11805 Main Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    RTAIL
    Standard status
    Active
    Size
    977 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    3854

    Utilities

    Utilities
    Natural Gas Available
    Cooling system
    Central Air

    Building Details

    Year built
    2014
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Vinyl, Tile, Concrete
    Building materials
    Brick, Wood, Vinyl Siding, Clad Trim
    Roof type
    Membrane

    We can help!

    Listing Contact
    Richard O'Connor
    Richard O'Connor

    Listing agent Richard O'Connor License #471008196

    Listing office Realty Executives Cornerstone 7115 Virginia Road Suite 101, Crystal Lake, IL

    Listing date Mar 26, 2026

    MLS# 12602533

    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.

    Overview

    Retail Storefront in Downtown Huntley

    This 977 sq ft retail storefront is located in the revitalized downtown Huntley area. The B2 PUD zoning permits a wide range of uses, including retail, office space, barber/hair salons, food services, ice cream shops, healthcare facilities, fitness centers, service-related businesses, clothing sales, seamstress/alteration shops, tanning salons, bakeries, bookstores, education/learning centers, photography studios, crafts/gifts shops, jewelry stores, antique shops, music stores, and pet shops. The current layout features a sitting/shopping area, a sales counter, a kitchen area, a storage and utility area, and two ADA-compliant bathrooms. The interior walls and sales counter can be easily modified or removed to accommodate specific business needs. The current tenant is seeking a new tenant to assume the remaining lease term of approximately 2.5 years under the existing lease terms, with the possibility of a longer-term lease. The tenant will be responsible for a proportionate share of taxes, insurance, CAM, and all utilities under a NNN lease agreement. This space offers an opportunity to establish and grow a business in a dynamic location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Huntley Floral — 10436 IL-47 Ste. 102, Huntley, IL 60142
    • Petals Farm — Huntley, IL 60142

    Location Insight

    • Map
    • Local Demand
    City
    Huntley
    County
    McHenry
    State
    Illinois
    Longitude
    -88.429013
    Latitude
    42.168096

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    FAQs

    What type of property is this?
    Storefront property - 977 sq ft retail space in vibrant downtown Huntley.
    Where is this storefront property located?
    The property is located at 11805 Main Street Huntley, IL.
    What are key features of this property?
    This property features: Prime 977 sq ft retail space in vibrant, refurbished downtown Huntley.; Extensive permitted uses under B2 PUD zoning.; Option to assume existing lease with approximately 2.5 years remaining.
    (815) 477-3000
    We can help!
    Listing Contact
    Richard O'Connor
    Richard O'Connor
    Real Estate License ID: 471008196
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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