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Retail/Office Building with Dual Entries

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.
Listed by Shawn Strach · License #471000585
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.

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 (±1% cap)
NOI $34,278 @ 7.0% cap · market cap 12.70%
Second Best
Retail
$342.7K
$299.9K – $399.8K (±1% cap)
NOI $23,989 @ 7.0% cap · market cap 8.89%
Theoretical Best
Office A
$858.3K
$751.0K – $1.00M (±1% cap)
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

Suggested Use

Skin Care Clinic Parking Lot & Garage Spa & Massage Center Garden Center Gym & Fitness Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery Barber Shop

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

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
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