Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    633 Ridgeview Dr McHenry, IL 60050

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,499,950

    Credit-rated tenant, long-term lease, and attractive demographics.

    Property size:
    4,302 SF
    Lot size:
    0.71 Acres

    Property Features for 633 Ridgeview Dr

    General Information

    Size
    4,302 SF
    Lot size
    0.71 Acres

    Source: Matthews Real Estate Investment Services Agent Kyle Mackulak

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    McHenry Medical Office Investment

    The property is fully leased to Advocate Medical Group, a subsidiary of Advocate Health, one of the nation’s largest nonprofit health systems, with an “AA” credit rating from Fitch. The lease term has been recently extended through 2030, ensuring rental income. The lease includes annual rent increases of $0.50 per square foot. The tenant is responsible for interior maintenance, landscaping, and snow removal, limiting landlord responsibilities to structural components, real estate taxes, and association dues. Located in McHenry, the property benefits from attractive local demographics characterized by high household incomes and sustained demand for outpatient healthcare services. The modern clinical build-out features seven exam rooms and an on-site lab. The property is well-located with easy access for patients and medical staff, supporting tenant retention and operational efficiency. The property is 4302 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    McHenry
    County
    McHenry
    State
    Illinois
    Longitude
    -88.2865375
    Latitude
    42.3192698

    Nearby Similar for Sale

    • $998,500
      10,800 SF

      Updated Industrial Building in McHenry

      Updated industrial building with flexibility for multiple units in McHenry.
      1717 Oak Dr, McHenry, IL 60050
      View Details
    • $590,000
      5,991 SF

      McHenry Income Property Opportunity

      Income-generating property in downtown McHenry with multiple units and potential.
      3937 Main St, McHenry, IL 60050
      View Details
    • $450,000
      3,900 SF

      Prime Corner Retail with Garage

      Spacious retail and office space with large garage.
      3331 W Elm Rt 120 St, McHenry, IL 60050
      View Details
    • New
      $59,900
      1,248 SF

      Professional Office Space in McHenry

      Turnkey office space ideal for medical or professional services.
      4306 W Crystal Lake Rd, McHenry, IL 60050
      View Details
    • $2,400,000
      20,000 SF

      McHenry Office Building For Sale

      20,000 SF office building for sale or lease.
      4209 W Shamrock Ln, McHenry, IL 60050
      View Details
    • $4,400,000
      35,852 SF

      Self Storage Investment Opportunity

      Self-storage facility on 2.91 acres with 5 buildings.
      305 Front St, McHenry, IL
      View Details

    FAQs

    What type of property is this?
    Medical office - Credit-rated tenant, long-term lease, and attractive demographics.
    Where is this medical office located?
    The property is located at 633 Ridgeview Dr McHenry, IL.
    What is the asking price?
    The asking price for this property is $1,499,950.
    What are key features of this property?
    This property features: - Credit-rated national tenant (Advocate Medical Group, "AA" by Fitch) provides exceptional tenant security.; - Long-term lease through 2030 ensures stabilized cash flow.; - Annual rent escalations of $0.50 per square foot provide built-in revenue growth.
    (262) 672-8388
    Request Owner's contact information
    633 Ridgeview Dr McHenry, IL 60050
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    633 Ridgeview Dr
    McHenry, IL 60050
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    633 Ridgeview Dr McHenry, IL 60050
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.