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    618-620 State Rte McHenry, IL 60050
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    618-620 State Rte, McHenry, IL 60050

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    • Office Spaces
    • 20,290 SF
    • 1.72 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 618-620 State Rte

    Year built
    1990
    Lot size
    1.72 lot acres
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional investment opportunity presents two medical office buildings totaling 20,290 square feet, situated on a 1.72-acre lot in McHenry, Illinois. The property, located at 618-620 State Route 31, enjoys a highly desirable location directly across from Northwestern Medicine McHenry Hospital. The buildings, constructed between 1990 and 1996, are masonry structures (brick and block with steel beams). Building 620 offers 10,058 square feet of space, previously configured as a medical clinic with eight offices and ten bathrooms. Building 618 comprises 10,232 square feet, with one suite featuring a former medical office, two bathrooms, and several treatment/exam rooms. The remaining space in Building 618 is a raw, unfinished shell, offering significant flexibility for future development. The property is being sold "as is," presenting a unique chance to renovate and complete the unfinished building to suit individual needs. The property is zoned O1 and includes ample parking shared with an adjacent building (616, not included in this sale). This presents a compelling opportunity for investors seeking a high-return medical office property in a thriving healthcare market. The asking price is $799,000, translating to $39.38 per square foot.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    McHenry
    County
    McHenry
    State
    Illinois
    Longitude
    -88.2728
    Latitude
    42.3188
    More about this property
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