Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5415 Bull Vly Rd Mchenry, IL 60050-7410

    • Office buildings
    • 1,202 SF
    OFF-MARKET
    Last Sale
    Dec 08, 2021
    $72,500
    Value Estimations
    $90,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US28-0408503
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 5415 Bull Vly Rd

    Year built
    2001
    Property size
    1,202 SF
    Property type
    Office buildings
    APN
    14-04-402-008
    APU
    1404402008

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $90,000
      ML approach
      $70,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $133,000
      Market price range: $72.9k - $197k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mchenry
    County
    Mchenry
    State
    Illinois
    Longitude
    -88.3043
    Latitude
    42.3198
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,356
    $3,799
    $32,658
    $36,457
    -
    $11,397
    $97,974
    $109,371

    Comparable in this City

    • Value Estimation
      $245,000
      160 SF

      Millstream Dr

      OFFICE BUILDING • 160 SF
      Millstream Dr, Mchenry, IL 60050
      View Details
    • Value Estimation by Request
      21,360 SF

      3911-3929 Mercy Dr

      Office Properties & Spaces • 21,360 SF
      3911-3929 Mercy Dr, McHenry, IL 60050
      View Details
    • Value Estimation by Request
      20,290 SF

      618-620 State Rte

      Medical offices • 20,290 SF
      618-620 State Rte, McHenry, IL 60050
      View Details
    • Value Estimation by Request
      1,025 SF

      4318 Crystal Lk Rd Ste G

      CONDOMINIUM OFFICES • 1,025 SF
      4318 Crystal Lk Rd Ste G, Mchenry, IL 60050-4210
      View Details
    • Value Estimation
      $120,000
      2,901 SF

      4120 Orleans St

      CONDOMINIUM OFFICES • 2,901 SF
      4120 Orleans St, Mchenry, IL 60050-3972
      View Details
    • Value Estimation by Request
      21,360 SF

      3913 Mercy Dr

      Medical offices • 21,360 SF
      3913 Mercy Dr, McHenry, IL 60050
      View Details

    Similar Nearby for Sale

    • $2,400,000
      20,000 SF

      McHenry Office Building For Sale

      20,000 SF office building for sale or lease.
      4209 W Shamrock Ln, McHenry, IL 60050
      View Details
    • $2,300,000
      21,360 SF

      McHenry Office Building Investment

      21,360 SF Multi-Tenant Office, 58% Leased
      3911 Mercy Dr, McHenry, IL 60050
      View Details
    • $2,300,000
      21,360 SF

      McHenry Office Building - Great Value

      Multi-tenant office building, ideal user/investor.
      3911-3929 Mercy Dr, McHenry, IL 60050
      View Details
    • $1,499,950
      4,302 SF

      McHenry Medical Office Investment

      Credit-rated tenant, long-term lease, and attractive demographics.
      633 Ridgeview Dr, McHenry, IL 60050
      View Details
    • $4,000,000
      64,473 SF

      McHenry Corporate Office Campus

      Prime IL Office Building, Multi-Tenant Potential
      1391 Corporate Dr, McHenry, IL 60050
      View Details
    • $425,000
      0.20 Acres

      Prime Corner Location in McHenry

      Storefront, office, and garage space in a high-traffic area.
      3331 W Elm Rt 120 St, McHenry, IL 60050
      View Details

    Similar Nearby for Lease

    • $240,000
      2,635 SF

      Professional Office Condo For Lease

      2,635 SF office condo near Northwestern Medicine McHenry Hospital.
      725-773 Ridgeview Dr, McHenry, IL 60050
      View Details
    • Contact for pricing

      Garage/Warehouse with Office Space

      Garage/warehouse space with ample office space on the 2nd floor.
      2308 N Ringwood Rd, McHenry, IL 60050
      View Details
    • $12 SF/Yr
      21,360 SF

      Prime Medical/Office Suites in McHenry County

      Two Suites Available: 1,450 SF & 6,499 SF
      3913 Mercy Dr, McHenry, IL 60050
      View Details
    • $18 SF/Yr
      9,400 SF

      1689 Curran Rd

      Office Properties & Spaces • 9,400 SF
      1689 Curran Rd, McHenry, IL 60050
      View Details
    • $2,300,000
      434 SF

      McHenry Office Suites For Rent

      Two office suites available in single-story brick building.
      3911-3929 Mercy Dr, McHenry, IL 60050
      View Details
    • $13 SF/Yr
      1,826 SF

      McHenry Flex Space For Rent

      1,826 SF flex space ideal for small business.
      1615 S Schroeder Ln, McHenry, IL 60050
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5415 Bull Vly Rd
    Mchenry, IL 60050-7410
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.