715 Ridgeview DriveMcHenry, IL 60050
McHenry County
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. 715 (MLS 12304870) to be sold in combination with 707 (MLS 12369151) and/or 711 (MLS 12369480) Note: Photos taken prior to Tenant occupancy.
Property Information
- Property type
- Commercial Sale
- Sub-type
- Condominium
- Year built
- 2003
- Stories
- 1
- Building area
- 1,584 Sq Ft
- Lot size
- 1,584 Sq Ft
- Lot dimensions
- 1584
- Zoning
- OFFIC
- Days on market
- 580
- MLS® Listing#
- 12304870
Property Features
- Cooling
- Central Air
Financial Details
- Annual taxes
- $5,207Tax year 2024
- Parcel number
- 1403380015
Directions
South on Ridgeview from Bull Valley Rd
Listing Courtesy: Premier Commercial Realty - 8478542300
Last Updated: 2025-03-05
