Listing Agency: Marcus & Millichap - Chicago Oak Brook s***@ipausa.com Show Phone

Listed By: Steven Weinstock · License #IL 471011175

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 10:27PM

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Investment Insights

Based on property information with market context.

This retail property offers 19,663 SF of commercial space and is offered for sale. The property is located at 2302-2318 N Richmond Rd in McHenry, Illinois 60051. Financial reporting includes a 6.60% CAP rate.

Key Highlights

• 19,663 SF of retail space
• 6.60% CAP rate
• Located at 2302‑2318 N Richmond Rd, McHenry, IL 60051

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Skin Care Clinic Parking Lot & Garage Spa & Massage Center Garden Center Gym & Fitness Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

416

Businesses Nearby

15k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 64% Shops & Services 36%

Ace Hardware Home Improvements & Furnishings

9,439 visits/mo 0.1 miles

Marathon Shops & Services

5,232 visits/mo 0.1 miles

Demographics for 60051, IL

24,649

Population

10,210

Households

2.4

Avg Household Size

42

Median Age

33%

College-Educated

94%

High-School Grad

33.2 sq mi

ZIP Area

742

Density / Sq Mi

$104,227

Median Household Income

$53,527

Median Earnings

$1,665

Median Rent

$268,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial property available for sale in McHenry, Illinois.

Where is this retail space located?

The property is located at 2302-2318 N Richmond Rd McHenry, IL.

What are key features of this property?

This property features: 19,663 SF of retail space; 6.60% CAP rate; Located at 2302‑2318 N Richmond Rd, McHenry, IL 60051