Building Details

Year Built 1900

Buildings 1

Listing Agency: Keller Williams Inspire

Listed By: Christie Gabriel · License #475203002 Show Phone

Source: Bktchicago

Added: Jul 18 Changed: Oct 7 Last Checked: Oct 15 at 2:23AM

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Investment Insights

Based on property information with market context.

This freestanding storefront property provides approximately 1,430 sq. ft. of commercial space in a functional arrangement. The front portion offers a broad open area that can accommodate retail display, reception, or showroom operations, while several private rooms support salon, studio, office, or other service-oriented uses. A large restroom is positioned toward the rear, and the building is described as being in good condition.

The property has 42' of frontage along Main Street in downtown Hebron, with exposure to pedestrian and drive-by traffic. A clean, dry basement adds practical lower-level space for storage or workshop functions, expanding the building’s usable footprint without changing the main-floor layout.

Key Highlights

• Freestanding storefront building with approximately 1,430 sq. ft.
• 42' of frontage along Main Street in downtown Hebron
• Open front area for retail, reception, or showroom use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,717

Cap Rate

8.57%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$394,340 $394.3K

Cap Rate 7%

$281,671 $281.7K

Cap Rate 9%

$219,078 $219.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,430 SF

Gross rent

$35.0K $24.48/SF

− Vacancy

−$8.7K −$6.10/SF

EGI

$26.3K $18.38/SF

− OpEx

−$6.6K −$4.60/SF

NOI

$19.7K $13.79/SF

Area

McHenry County, IL

Vacancy

24.90%

Lease Rate

$24.48 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$394,340

Cap Rate 7%

$281,671

Cap Rate 9%

$219,078

Alternative Uses

Best Use

Office B

$281.7K

$246.5K – $328.6K (±1% cap)

NOI $19,717 @ 7.0% cap · market cap 8.57%

Second Best

Retail

$197.1K

$172.5K – $230.0K (±1% cap)

NOI $13,799 @ 7.0% cap · market cap 6.00%

Theoretical Best

Office A

$493.7K

$432.0K – $576.0K (±1% cap)

NOI $34,560 @ 7.0% cap · market cap 15.03%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Explosive Ink Tattoo Tattoo & Piercing Shop

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Electrical Service Hair Salon Auto Parts 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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

131

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 60034, IL

2,148

Population

794

Households

2.7

Avg Household Size

40

Median Age

21%

College-Educated

92%

High-School Grad

30.9 sq mi

ZIP Area

70

Density / Sq Mi

$96,705

Median Household Income

$36,477

Median Earnings

$1,025

Median Rent

$254,100

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

Frequently Asked Questions

What type of property is this?

Storefront property - Flexible commercial layout with showroom, private rooms, restroom, and supplemental lower-level storage or work area.

Where is this storefront property located?

The property is located at 9911 Main St Hebron, IL.

What is the asking price?

The asking price for this property is $230,000.

What are key features of this property?

This property features: Freestanding storefront building with approximately 1,430 sq. ft.; 42' of frontage along Main Street in downtown Hebron; Open front area for retail, reception, or showroom use