715 Ridgeview Drive, McHenry, IL 60050
Description
Office Condo Investment Opportunity 1,584 SF Fully Leased Fully leased 1,584 SF professional office condo with 208 SF of additional storage in the Capital Court Commons. Beautifully buildout with 2 private offices, large conference room (could be 3rd office), open reception / clerical area, file room, kitchenette and private bathroom. Lots of natural light. Existing tenant (One Hope United) has a lease signed through May of 2029 with annual escalations and an option to renew. (ask broker for financials and rent roll). NOI is $19,365 with a 9.7% CAP. Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital. Adjacent condo also available for sale. Note: Photos taken prior to Tenant occupancy.
- Listing Courtesy of: Premier Commercial Realty
Details
Updated on June 15, 2026 at 7:48 pm-
Property ID MRD12304870
-
Price $200,000
-
Year Built 2003
-
Property Type Office
-
Property Status Active
-
Parcel Number 1403380015
-
MLS Status Active
-
Days On Market 467
-
Cumulative Days On Market 417
-
Tax Annual Amount 5207.36
-
Cooling Central Air
-
Directions South on Ridgeview from Bull Valley Rd
-
BuildingAreaTotal 1584
-
LotSizeSquareFeet 1584
-
StoriesTotal 1
-
Zoning OFFIC
Address
Open on Google Maps- Address 715 Ridgeview Drive
- City McHenry
- State/county IL
- Zip/Postal Code 60050
- Country United States
Overview
- Office
- 2003
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees