Property profile

380 Bank Dr McHenry, IL 60050

OFF-MARKET
Retail properties & Spaces
Built 2006
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Property summary

AI-generated overview

This exceptional commercial property, located at 366-380 Bank Drive in McHenry, Illinois (zip code 60050), offers a diverse range of office spaces ideal for various businesses. The single building, constructed in 2006, features a total of 62 parking spaces and boasts 12-foot ceilings. Currently, there are no vacant spaces, however, 1,200 to 3,600 square feet of retail space, currently occupied by a gym, may become available within 60 days of lease signing. This high-visibility location, zoned B-1, is situated off busy Route 31, near the intersection of Bank Drive and Route 31, offering excellent accessibility and exposure. The property is part of the Parkview Plaza and is suitable for traditional, medical, or creative office uses. The space is end-cap and drive-thru capable. Existing tenants include a diverse mix of businesses such as Jimano's Pizza, Valley Nails and spa, China House, and RUSH Physical therapy, along with other nearby businesses including a Meat and Potato Eatery, Brunch Cafe, BP, McHenry Savings Bank, McDonalds, Culver's, Great Clips, UPS Store, and more. The minimum divisible space is 1,200 square feet, with a maximum contiguous space of 3,600 square feet. The property is located in the McHenry submarket of McHenry County.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2006

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

380 Bank Dr McHenry, IL 60050
McHenry metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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