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    1391 Corporate Dr McHenry, IL 60050

    Sponsored
    For Sale
    $4,000,000

    Prime IL Office Building, Multi-Tenant Potential

    Property size:
    64,473 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building, located at 1391 Corporate Drive in McHenry, Illinois, presents a unique investment opportunity. Boasting 64,473 square feet on a 6.5-acre lot, this 1994-built property is currently configured for multi-tenant occupancy, with two existing tenants occupying 10% of the space. The building offers a flexible layout suitable for various uses, including executive offices, medical offices, call centers, or light production. High-quality finishes and abundant natural light create a desirable work environment. The property features a 4:1000 parking ratio, ensuring ample parking for tenants and visitors. The building is professionally managed, offering a seamless transition for new ownership. Currently listed at $4,000,000, this property presents a compelling opportunity for both owner-occupiers and investors seeking a high-image, multi-tenant facility in a prime McHenry County location. The building's flexible design allows for single-user or multi-tenant options, catering to a wide range of business needs. The property is situated in McHenry, IL, zip code 60050, offering convenient access to major transportation routes and amenities. This turnkey opportunity includes fully furnished spaces, ready for immediate occupancy. The net lease structure provides a straightforward and efficient ownership model. Don't miss this chance to acquire a well-maintained, high-quality office building in a thriving market.

    Property Features for 1391 Corporate Dr

    General Information

    Property type
    Medical offices
    Square Feet
    64,473 SF
    Class
    A
    Lot Size
    283,140 SF

    Building Details

    Year Built
    1994

    HighLights

    • Corporate headquarters‑quality building.
    • Prestigious flex space with high visibility.
    • Versatile layout suitable for office, medical, call center, or light industrial uses.
    • High‑end finishes and abundant natural light.
    • Turnkey furnished space available.
    • Ample parking (4 spaces per 1,000 square feet).
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McHenry
    County
    McHenry
    State
    Illinois
    Longitude
    -88.285118
    Latitude
    42.3102472

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    FAQs

    What type of property is this?
    Medical office - Prime IL Office Building, Multi-Tenant Potential
    Where is this medical office located?
    The property is located at 1391 Corporate Dr McHenry, IL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: Corporate headquarters-quality building.; Prestigious flex space with high visibility.; Versatile layout suitable for office, medical, call center, or light industrial uses.
    Request Owner's contact information
    1391 Corporate Dr McHenry, IL 60050
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    McHenry, IL 60050
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1391 Corporate Dr McHenry, IL 60050
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