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3-Unit Office Property
For Sale
$275,000

4901 W Elm St, McHenry, IL 60050

Three separate suites offer immediate occupancy options alongside an existing month-to-month tenancy.

Property Size3,200 SF
Price / SF$85.94
Days on Market89

Property Features for 4901 W Elm St

General Information

Standard status Active
Size 3,200 SF

Additional Details

Road Access Yes

Building Details

Year Built 1974
Buildings 1
Tenancy Multi
Listing Agency: Better Homes and Garden Real Estate Star Homes
Listed By: Jim Starwalt · License #471010243
Source: Liveliferealty
Added: Aug 2 Changed: Oct 25 Last Checked: Oct 28 at 11:41AM

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 Better Homes and Garden Real Estate Star Homes

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Investment Insights

Based on property information with market context.

This 3-unit professional office property contains three separately configured office units and a large on-site parking lot serving clients and staff. Two units are vacant, creating immediate occupancy opportunities, while the remaining unit is occupied under a month-to-month lease. The building was constructed in 1974.

The property fronts Illinois Route 120, where average daily traffic is approximately 17,600 vehicles per day according to IDOT. Its position along the commercial corridor provides direct road exposure and straightforward access. The combination of separate office units, available space, parking, and flexible tenancy supports professional office operations or future leasing plans.

Key Highlights

  • 3‑unit professional office property
  • Approximately 17,600 vehicles per day on Illinois Route 120, per IDOT
  • Two office units are vacant

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Skin Care Clinic Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Storage Facility

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

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby

Demographics for 60050, IL

31,854
Population
13,399
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
91%
High-School Grad
26.4 sq mi
ZIP Area
1,207
Density / Sq Mi
$86,315
Median Household Income
$48,953
Median Earnings
$1,522
Median Rent
$244,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Three separate suites offer immediate occupancy options alongside an existing month-to-month tenancy.
Where is this office unit located?
The property is located at 4901 W Elm St McHenry, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3‑unit professional office property; Approximately 17,600 vehicles per day on Illinois Route 120, per IDOT; Two office units are vacant
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