4209 W Shamrock Ln McHenry, IL
Call to check price and availability
20,000 SF office building for sale or lease.
Type:OFFICE
Property size:
20,000 SFLot size:
2.26 AcresPrice / SF:
$120/SF- Added:
- May 6, 2024
- Days on Market:
- 720
- Last Refresh:
- Apr 5 at 9:04 pm
Property Features for 4209 W Shamrock Ln
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Lot size
- 2.26 Acres
- Property subtype
- OFFICE
Properties For Sale
at 4209 W Shamrock Ln Contact us
Listing agent Bruce Kaplan License #475183911
Listing office Premier Commercial Realty (847) 854-2300
Listing date May 6, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Realty
Overview
McHenry Office Building For Sale
This 20,000 square foot masonry, single-story office building is available for sale or lease. Constructed 24 years ago, the building is situated on 2.26 acres. Currently, 50% of the building is leased, generating a gross income of $154,920, in addition to CAM and tax over stops. Unit B, comprising 10,000 square feet, is currently vacant and suitable for an owner-user or a new tenant. This unit features a mix of 17 offices and conference rooms, a large open area, two multi-stall bathrooms, and a break room. The property has a 7.6% CAP rate at 95% occupancy, based on a projected gross rent of $12 per square foot for the vacant 10,000 square feet. The building houses two long-term tenants: a Dialysis center since 2012 and a Psychologist since 2016. The property is located near Northwestern Hospital.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- McHenry
- County
- McHenry
- State
- Illinois
- Longitude
- -88.2798
- Latitude
- 42.3145
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 20,000 SF office building for sale or lease.
Where is this office building located?
The property is located at 4209 W Shamrock Ln McHenry, IL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: High income potential: 7.6% CAP rate at 95% occupancy.; Substantial current income: $154,920 gross income from existing tenants.; Significant user/investor opportunity: **10,000 SF vacant unit ready for immediate occupancy or new tenant.**
