3911 Mercy Dr McHenry, IL 60050
Call to check price and availability
21,360 SF Multi-Tenant Office, 58% Leased
Property size:
21,360 SFProperty Features for 3911 Mercy Dr
General Information
- Property type
- Medical offices
- Square Feet
- 21,360 SF
Building Details
- Year Built
- 2007
Listing Agency: Premier Commercial Realty Listing Agent: Bruce Kaplan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 21,360-square-foot, single-story multi-tenant office building in McHenry, Illinois, presents a compelling investment or owner-user opportunity. Located at 3911 Mercy Dr, 60050, near Northwestern and Mercy medical facilities, this property boasts a desirable location and strong potential. Currently 58% occupied, the building offers immediate income generation with significant upside. Available spaces include 6,499 and 1,450 square feet, ideal for expansion or leasing to additional tenants. The asking price is $2,300,000, representing a pro-forma cap rate of 6.36% and a pro-forma NOI of $146,382. Detailed financial statements are available upon request. The building was constructed in 2007 and sits on APN 14-02-352-019,020, zoned O2. Vacant spaces are available for lease at $12 per square foot. A partial basement is present under approximately one-third of the building. SBA financing is available with as little as 10% down payment for owner-occupants leasing at least 51% of the building. This represents a significant opportunity to acquire a well-located office building at a price substantially below current construction costs. The property is suitable for both medical and executive office uses.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Medical offices
Location Insight
- Map
- Local Demand
- City
- McHenry
- County
- McHenry
- State
- Illinois
- Longitude
- -88.274098
- Latitude
- 42.316249
Nearby Similar for Sale
FAQs
What type of property is this?
Medical office - 21,360 SF Multi-Tenant Office, 58% Leased
Where is this medical office located?
The property is located at 3911 Mercy Dr McHenry, IL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: $2,300,000 asking price for a 21,360 square foot office building.; Located at 3911 Mercy Dr, McHenry, IL 60050.; 6.36% pro-forma cap rate with a $146,382 pro-forma NOI.
