Property summary
This exceptional investment opportunity presents a well-maintained, five-unit brick building situated at 607 Front Street in McHenry, Illinois. Constructed in 1986, this 4,670 square foot property offers significant potential for income generation. Each of the five units boasts its own private entrance, restroom, and individual heating and cooling system, ensuring tenant comfort and independence. Recent servicing of all HVAC units guarantees efficient and reliable climate control. The property features a spacious parking lot accommodating up to 25 vehicles, enhancing convenience for tenants and visitors. Strategic positioning on Front Street (Route 31) and Lillian Street provides excellent accessibility and visibility, further amplified by a double-faced pole sign on Route 31. Currently, one unit is leased on a month-to-month basis, while the remaining four units are vacant, presenting immediate opportunities for lease agreements and revenue generation. The property's solid brick construction ensures durability and longevity. This versatile property is ideal for use as a single, large unit or as a multi-unit rental property, offering a compelling blend of stability and income potential. Offers are welcome.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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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