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3-Unit Office Property
For Sale
$275,000

4901 W Elm Street, McHenry, IL 60050

Three separate office suites offer immediate occupancy flexibility and a month-to-month tenancy.

Property Size3,200 SF
Days on Market22

Property Features for 4901 W Elm Street

General Information

Standard status Active
Size 3,200 SF
Property subtype Commercial

Additional Details

Office Units 3

Taxes and HOA fees

Annual Taxes $11,620

Building Details

Building Size 3,200 SF
Year Built 1974
Buildings 1
Stories 1
Units 3
Tenancy Multi
Listing Agency: Better Homes and Garden Real Estate Star Homes
Listed By: Jim Starwalt · License #471010243
Source: Cavanaghrealty
Added: Jul 27 Changed: Aug 12 Last Checked: Aug 16 at 4:22PM

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

Investment Insights

Based on property information with market context.

Built in 1974, this office property is configured as three separate units with a large on-site parking area serving clients and staff. Two units are vacant, providing immediate occupancy or leasing flexibility, while the remaining unit is occupied under a month-to-month lease.

The property fronts Illinois Route 120 in McHenry and records approximately 17,600 vehicles per day according to IDOT. Its direct road exposure and access support a range of professional office operations, with multiple occupancy options within one building.

Key Highlights

  • Three separate office units within one property
  • Two units are vacant for immediate occupancy or leasing
  • One unit is occupied under a month‑to‑month lease

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store

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

3
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

685
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

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
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Frequently Asked Questions

What type of property is this?
Office units - Three separate office suites offer immediate occupancy flexibility and a month-to-month tenancy.
Where is this office units located?
The property is located at 4901 W Elm Street 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: Three separate office units within one property; Two units are vacant for immediate occupancy or leasing; One unit is occupied under a month‑to‑month lease
More about this property
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