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715 Ridgeview DriveMcHenry, IL 60050

McHenry County

$200,000List price
1,584Sq Ft
2003Year built
1Stories
19 months agoOn market

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

Midwest Real Estate Data logo

Listing Courtesy: Premier Commercial Realty - 8478542300

Based on information submitted to the MLS GRID as of 2025-03-05. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2025-03-05

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