McHenry Office Building For Sale

4209 W Shamrock Ln, McHenry, IL

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For Sale

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20,000 SF office building for sale or lease.

Type:OFFICE

Property size:

20,000 SF

Lot size:

2.26 Acres

Price / SF:

$120/SF

Contact for Pricing

Please call us for current price
and status of this listing

Bruce Kaplan

Real Estate License ID: 475075614

HighLights

High income potential: 7.6% CAP rate at 95% occupancy.
Substantial current income: $154,920 gross income from existing tenants.
Significant user/investor opportunity: 10,000 SF vacant unit ready for immediate occupancy or new tenant.
Long‑term tenants: Dialysis (since 2012) and Psychologist (since 2016) provide stable income.
Versatile space: Vacant unit includes a mix of offices, conference rooms, open area, and amenities.
Strategic location: Close proximity to Northwestern Hospital.

For Sale

Contact for pricing

20,000 SF office building for sale or lease.

Type:OFFICE

Property size:

20,000 SF

Lot size:

2.26 Acres

Price / SF:

$120/SF

Added:: May 6, 2024
Days on Market:: 767
Last Refresh:: May 20 at 9:43 pm

Property Features for 4209 W Shamrock Ln

General Information

Standard status: Active
Size: 20,000 SF
Lot size: 2.26 Acres
Property subtype: OFFICE

Properties For Sale

at 4209 W Shamrock Ln Contact us

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Listing Contact

Bruce Kaplan

Listing agent Shari Haefner License #475075614

Listing office Premier Commercial Realty

Listing date May 6, 2024

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All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Realty

HighLights

High income potential: 7.6% CAP rate at 95% occupancy.
Substantial current income: $154,920 gross income from existing tenants.
Significant user/investor opportunity: 10,000 SF vacant unit ready for immediate occupancy or new tenant.
Long‑term tenants: Dialysis (since 2012) and Psychologist (since 2016) provide stable income.
Versatile space: Vacant unit includes a mix of offices, conference rooms, open area, and amenities.
Strategic location: Close proximity to Northwestern Hospital.

Overview

This 20,000 square foot masonry, single-story office building is available for sale or lease. Constructed 24 years ago, the building is situated on 2.26 acres. Currently, 50% of the building is leased, generating a gross income of $154,920, in addition to CAM and tax over stops. Unit B, comprising 10,000 square feet, is currently vacant and suitable for an owner-user or a new tenant. This unit features a mix of 17 offices and conference rooms, a large open area, two multi-stall bathrooms, and a break room. The property has a 7.6% CAP rate at 95% occupancy, based on a projected gross rent of $12 per square foot for the vacant 10,000 square feet. The building houses two long-term tenants: a Dialysis center since 2012 and a Psychologist since 2016. The property is located near Northwestern Hospital.

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

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Location Insight

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Local Demand

City: McHenry
County: McHenry
State: Illinois
Longitude: -88.2798
Latitude: 42.3145

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For sale
Office buildings
IL
McHenry
4209 W Shamrock Ln

What type of property is this?

Office building - 20,000 SF office building for sale or lease.

Where is this office building located?

The property is located at 4209 W Shamrock Ln McHenry, IL.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: High income potential: 7.6% CAP rate at 95% occupancy.; Substantial current income: $154,920 gross income from existing tenants.; Significant user/investor opportunity: **10,000 SF vacant unit ready for immediate occupancy or new tenant.**

4209 W Shamrock Ln, McHenry, IL

20,000 SF office building for sale or lease.

Property Features for 4209 W Shamrock Ln

General Information

Properties For Sale

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Professional Office Property For Sale

Downtown McHenry Commercial Space

Multifamily Property for Sale

Prime Corner Commercial Building

Fully Occupied Retail Center

Established Restaurant and Entertainment Venue

Updated Industrial Building, Divisible Units

Professional Office Condo For Lease

Legal Three-Unit Building in McHenry

McHenry Office Condo Investment Opportunity

Downtown McHenry Commercial Space

Furnished Executive Office Condo

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