Retail/Office Building with Dual
2904 W Il Route 120 McHenry, IL 60051
New
2904 W Il Route 120, McHenry, IL, 60051
$269,900
For Sale
$269,900
COMMERCIAL - McHenry, IL
Property Size2,486 SF
Lot Size0.23 Acres
Price / SF$108.57
Days on Market1
Property Features for 2904 W Il Route 120
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- COMMR
- Standard status
- Active
- APN
- 0925354018
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3758
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Varies
- Building materials
- Block, Brick
Listing agency
Dream Real Estate, Inc.
(815) 331-9520
Listed by
Shawn Strach · License #471000585
(815) 331-9520
Added: Jul 21 Checked: Jul 21 at 7:06PM
MLS# 12711893
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A well-maintained commercial building totaling 2,486 square feet, formerly operated as a veterinary clinic. The layout includes open interior space and two separate entries, supporting distinct customer or service access points. A full basement adds substantial storage capacity.
Located at 2904 W Illinois Route 120 in McHenry, Illinois, the property is positioned on a high-traffic east-west corridor with an indicated 20,000 vehicles passing daily. Front and rear parking lots provide convenient access. The property is listed under zoning COMMR.
Located at 2904 W Illinois Route 120 in McHenry, Illinois, the property is positioned on a high-traffic east-west corridor with an indicated 20,000 vehicles passing daily. Front and rear parking lots provide convenient access. The property is listed under zoning COMMR.
Key Highlights
- 2,486 SF commercial building at 2904 Illinois Route 120 in McHenry
- Built in 1959 with block and brick exterior construction
- Central air cooling
Local Financial Insights For 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 | $37.3k | $15.00 |
| − Vacancy | −$3.0k | −$1.22 |
| EGI | $34.3k | $13.79 |
| − OpEx | −$10.3k | −$4.14 |
| NOI | $24.0k | $9.65 |
2,486 SF · lease $15.00/SF/yr · vacancy 8.10% · expense 30.00%
Alternative Uses
Best Use
Office B
$489.7K
$428.5K – $571.3K
NOI $34,278 @ 7.0% cap · market cap 12.70%
Second Best
Retail
$342.7K
$299.9K – $399.8K
NOI $23,989 @ 7.0% cap · market cap 8.89%
Theoretical Best
Office A
$858.3K
$751.0K – $1.00M
NOI $60,081 @ 7.0% cap · market cap 22.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Well-maintained building with two separate entries and a full basement, plus front and rear parking lots.
Where is this retail space located?
The property is located at 2904 W Il Route 120 McHenry, IL.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 2,486 SF commercial building at 2904 Illinois Route 120 in McHenry; Built in 1959 with block and brick exterior construction; Central air cooling