Industrial Condo
11962F Oak Creek Pkwy, Huntley, IL 60142
For Sale
Contact for pricing
Functional warehouse condo with dedicated office areas, mezzanine space, and shared loading access.
Property Size20,384 SF
Price / SF$1,733,012
Days on Market50
Property Features for 11962F Oak Creek Pkwy
General Information
Standard status
Size
Property subtype
Additional Details
Asking Price
Highway Access
Clear Height
Building Details
Building Size
Year Built
Units
Listing Agency:
Premier Commercial Realty
Listed By:
Heather Schweitzer · License #471019756
(815) 236-9816
Source:
Commercialcafe
Added: Sep 21
Changed: Nov 3
Last Checked: Nov 8 at 2:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Realty
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Investment Insights
Based on property information with market context.
Unit F at 11962F Oak Creek Pkwy is a 7,122 SF warehouse condominium within Huntley Gateway Commons Business Park. Built in 2001, the unit offers 18–24' ceiling heights, a mezzanine above the office area, and an office layout with 3 private rooms and a bath. Common dock access and shared parking support shipping, receiving, and daily operations.
The property is positioned near Route 47 and I-90, providing access to major transportation routes. The unit is suited to warehouse, distribution, and light manufacturing operations, with professionally managed common areas and a modified gross lease structure available as a supported term.
The property is positioned near Route 47 and I-90, providing access to major transportation routes. The unit is suited to warehouse, distribution, and light manufacturing operations, with professionally managed common areas and a modified gross lease structure available as a supported term.
Key Highlights
- 7,122 SF industrial condominium unit
- 18‑24' ceiling height
- Office with 3 privates and bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,227
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,540
$744.5K
Cap Rate 7%
$531,814
$531.8K
Cap Rate 9%
$413,633
$413.6K
Market Conditions
NOI Build-Up for 7,122 SF
Gross rent
$46.2K $6.48/SF
− Vacancy
−$2.4K −$0.33/SF
EGI
$43.8K $6.15/SF
− OpEx
−$6.6K −$0.92/SF
NOI
$37.2K $5.23/SF
Area
McHenry County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,540
Cap Rate 7%
$531,814
Cap Rate 9%
$413,633
Alternative Uses
Best Use
Warehouse
$531.8K
$465.3K – $620.5K
NOI $37,227 @ 7.0% cap · market cap 0.00%
Second Best
Industrial
$438.0K
$383.2K – $511.0K
NOI $30,658 @ 7.0% cap · market cap 0.00%
Theoretical Best
Office A
$1.94M
$1.70M – $2.27M
NOI $135,941 @ 7.0% cap · market cap 0.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
24 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60142, IL
29,831
Population
13,194
Households
2.3
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
38.9 sq mi
ZIP Area
767
Density / Sq Mi
$87,286
Median Household Income
$55,366
Median Earnings
$1,377
Median Rent
$324,300
Median Home Value
Market
Properties on Market for Warehouses in McHenry County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Warehouse - Functional warehouse condo with dedicated office areas, mezzanine space, and shared loading access.
Where is this warehouse located?
The property is located at 11962F Oak Creek Pkwy Huntley, IL.
What are key features of this property?
This property features: 7,122 SF industrial condominium unit; 18‑24' ceiling height; Office with 3 privates and bath
