Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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