Property profile

1501 Il Rte 31 Mchenry, IL 60050

OFF-MARKET
Commercial real estate
Property ID
US28-4379873
9,647 SF 1.76 ac lot Built 2003
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2003
Total area 9,647 SF
Lot 1.76 ac (76,666 SF)
APN 14-10-253-021
UPID US28-4379873

Cap rate & NOI

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

Location

1501 Il Rte 31 Mchenry, IL 60050-8246
Mchenry metro Census 870813 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$345k

Owner & transaction history

since 2025
Last sale
$722,500
4 recorded transactions
2025
Price N/A
2025
$722,500
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.3M +58.8%
Retail stores $1.2M +45.5%
Apartment house (5+ units) $1.1M +42.7%

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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