4915 Elm StMcHenry, IL 60050

Property Details for 4915 Elm St

Year built

1961

Construction

FRAME

Lot size

0.41 AC

Property size (Sq ft)

2,498 SF

Property type

Other commercial real estate

APN

09-27-303-039

APU

927303039

Description

This 2,576-square-foot freestanding office/retail building in McHenry, IL, presents a compelling investment opportunity. Located on busy Route 120, boasting 18,800 vehicles per day, this single-story, L-shaped structure offers excellent visibility and accessibility. The property features nine private offices, two spacious open areas, two bathrooms, and a kitchenette, providing ample space for a variety of uses. A substantial paved lot accommodates 25+ cars, and the potential for a drive-thru adds further appeal. The building is currently vacant, allowing for immediate occupancy and customization to suit a new tenant's needs. Recent upgrades include a newer roof, furnace, and flooring, minimizing upfront maintenance costs. The property sits on a 0.43-acre lot and is zoned C5, offering flexibility for various commercial ventures. The asking price is $284,000, translating to $110.25 per square foot. SBA financing is available, requiring as little as 10% down payment, making this an attractive option for qualified buyers. Built in 1961, this property offers a solid foundation for a thriving business. The APN is 09-27-303-039.

• Alternative Use

  Use

  Valuation

  Residential

  $516,271

  Hospitality

  $472,902

  Educational

  $393,449

  Medical

  $406,980

  Retail

  $612,031

Location Insight

City

Mchenry

County

Mchenry

State

Illinois

Latitude

42.3488

Longitude

-88.2942

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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