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Conference and Office Suite
For Lease
$10 SF/Yr

E-1500 N Millstream Dr, McHenry, IL 60050

Lower-level conference/banquet facility includes a full kitchen and two private restrooms, with additional second-floor office space.

Space SizeContact for details
Days on Market1287

Property Features for E-1500 N Millstream Dr

General Information

Standard status Active
Listing Agency: Berkshire Hathaway HomeServices Starck Real Estate
Listed By: Jack Minero · License #475127381
Source: Exprealty
Added: Mar 2, 2023 Changed: Sep 8 Last Checked: Sep 8 at 8:20AM

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 Berkshire Hathaway HomeServices Starck Real Estate

Investment Insights

Based on property information with market context.

This property includes an elegant 3,000 SF Class A conference/banquet facility on the lower level of American Community Bank, featuring a full kitchen and two private restrooms. A reception/waiting area with a fireplace supports meetings and events, along with a common kitchen area. In addition, there is prime office space on the second floor.

The building provides elevator service and high-speed access. Monument signage is available, and the building offers 24-hour access to the available suites.

Two suites are available: 1,242 SF and 1,295 SF. Utilities are included, and the offering notes up to 6 months free rent.

Key Highlights

  • 3,000 SF Class A lower‑level conference/banquet facility at American Community Bank with elevator service
  • Includes a full kitchen, reception/waiting area with fireplace, and common kitchen area
  • Two private restrooms plus reception/waiting area for events and meetings

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Catering Service (Bike/Boat/Book/etc) Store Tech Support Center Acupuncture

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

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

965
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

Lease Benchmarks for McHenry, IL

$15.77 /SF/Yr
Avg Asking Price
$10–$22.96 /SF/Yr
Price Range
2,901 SF
Avg Space Size

This space is priced 37% below the average of $15.77 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Lower-level conference/banquet facility includes a full kitchen and two private restrooms, with additional second-floor office space.
Where is this office units located?
The property is located at E-1500 N Millstream Dr McHenry, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 3,000 SF Class A lower‑level conference/banquet facility at American Community Bank with elevator service; Includes a full kitchen, reception/waiting area with fireplace, and common kitchen area; Two private restrooms plus reception/waiting area for events and meetings
More about this property
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