3911-3929 Mercy Dr McHenry, IL 60050
Property Lookup
Property profile & analytics
3911-3929 Mercy Dr McHenry, IL 60050
- Office properties & Spaces
- 21,360 SF
- 2.50 lot acres
Location Intelligence
Current Use by Public Records
- Office properties & Spaces
Property Details for 3911-3929 Mercy Dr
- Year built
- 2007
- Lot size
- 2.50 lot acres
- Property size
- 21,360 SF
- Property type
- Office properties & Spaces
Description
This exceptional 21,360 square foot, single-story multi-tenant office building is situated on a 2.5-acre lot at 3911-3929 Mercy Drive in McHenry, Illinois. Currently 58% leased, this property presents a compelling opportunity for both users and investors. The building boasts readily available office spaces totaling 6,499 and 1,450 square feet, perfect for expansion or immediate occupancy. Detailed financial information, including a rent roll and proforma operating statement, is available upon request. The asking price of $2,300,000 represents a significant discount compared to the cost of new construction, offering substantial value. Vacant office spaces are priced attractively at $12 per square foot. For owner-occupiers, SBA financing is available with a low 10% down payment, contingent upon occupying at least 51% of the building. The property includes a partial basement, adding to its overall functionality. Its convenient location near Northwestern and Mercy medical facilities provides excellent visibility and accessibility. This is a rare opportunity to acquire a well-located, multi-tenant office building at a price point that significantly undercuts replacement cost. Don't miss this chance to secure a valuable asset in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McHenry
- County
- McHenry
- State
- Illinois
- Longitude
- -88.2746
- Latitude
- 42.3159
