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Three-Unit Office Property
For Sale
$275,000

4901 W Elm Street, McHenry, IL 60050

Two office units are vacant, while the third is occupied under a month-to-month lease.

Property Size3,200 SF
Days on Market37

Property Features for 4901 W Elm Street

General Information

Standard status Active
Size 3,200 SF
Property subtype Commercial

Additional Details

Road Access Yes
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: Allinonerealestateco
Added: Jul 27 Changed: Aug 31 Last Checked: Aug 3 at 4:23AM

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 at 4901 W Elm Street comprises three separate office units and a large on-site parking lot. Two units are vacant, providing immediate occupancy options, while the remaining unit is occupied under a month-to-month lease.

The property fronts Illinois Route 120 in McHenry, Illinois, with approximately 17,600 vehicles passing daily according to IDOT. Its position along the commercial corridor provides direct road exposure and straightforward access for office users, clients, and staff.

Key Highlights

  • Three separate office units in one property
  • Two units currently vacant for immediate occupancy or customization
  • Third unit 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
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

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 - Two office units are vacant, while the third is occupied under 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 in one property; Two units currently vacant for immediate occupancy or customization; Third unit occupied under a month‑to‑month lease
More about this property
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