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Three-Unit Office Building with Parking
For Sale
$275,000

4901 W Elm Street, McHenry, IL 60050

COMMERCIAL - McHenry, IL

Property SizeContact for details
Lot Size0.41 Acres
Days on Market11

Property Features for 4901 W Elm Street

General Information

Property type Commercial Sale
Property subtype Office
Directions Rt 31 to Rt 120 WEST to commercial building.
Subdivision Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
Standard status Active
APN 0927303041
Lot size 0.41 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11620

Utilities

Cooling system Central Air

Building Details

Year built 1974
Floors in Building 1
Number of units 3
Building materials Brick
Roof type Composition
Listing Agency: Better Homes and Garden Real Estate Star Homes · Better Homes and Gardens Real Estate
Listed By: Jim Starwalt · License #471010243
Added: Jul 27 Changed: Aug 4 Last Checked: Aug 6 at 2:06PM
MLS# 12716660

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.

This three-unit professional office property is built with brick construction and includes central air cooling and a composition roof. The building offers three separate office units, supported by a large on-site parking lot for convenient client and staff access. Two of the units are currently vacant, providing flexibility for immediate occupancy, customization, or leasing, while the third unit is occupied on a month-to-month lease.

The property is positioned along Illinois Route 120, with an average daily traffic count of approximately 17,600 vehicles per IDOT, supporting strong visibility in a busy commercial corridor.

Built in 1974, the asset provides a straightforward, multi-tenant office setup with multiple occupancy options under one ownership structure.

Key Highlights

  • Three separate office units on‑site with a large parking lot for client and staff access
  • Two units currently vacant for immediate occupancy, customization, or leasing
  • Third unit occupied on 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
Yes
Paved road access

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 professional office units on-site with parking lot access, with two currently vacant and one operating on a month-to-month lease.
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 on‑site with a large parking lot for client and staff access; Two units currently vacant for immediate occupancy, customization, or leasing; Third unit occupied on a month‑to‑month lease
More about this property
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