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607 Front St McHenry, IL 60050

OFF-MARKET Commercial real estate Google Maps
4,670 SF Built 1986
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Year built 1986
Total area 4,670 SF

Cap rate & NOI

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

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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