2816 W Il Route 120 McHenry, IL
Profitable restaurant and entertainment venue with owner financing available.
- Added:
- Aug 28, 2025
- Days on Market:
- 319
- Last Refresh:
- May 20 at 8:00 pm
Property Features for 2816 W Il Route 120
General Information
- Standard status
- Active
- Size
- 5,450 SF
- Lot size
- 0.76 Acres
- Property subtype
- OFFICE
Listing office SVN | Chicago - Corporate (630) 640-1001
Listing date Aug 28, 2025
Source Moodyscre
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 SVN | Chicago - Corporate
Investment Insights
Based on property information with market context.
Key Highlights
- High Gross Revenue: $1,450,000
- Experienced Staff: Long‑standing, dedicated team
- Slot Machines: Added entertainment and revenue stream
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.6k | $16.80 |
| − Vacancy | −$6.2k | −$1.14 |
| EGI | $85.3k | $15.66 |
| − OpEx | −$21.3k | −$3.91 |
| NOI | $64.0k | $11.74 |
Alternative Uses
Property Analytics
Current Use by Public Records
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