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715 Ridgeview Drive, McHenry, IL 60050

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Listing Type
Commercial/Industrial
Listing Status
active
14
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$200,000

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Home Details for 715 Ridgeview Drive
Price
$200,000
Type
Commercial/Industrial
Year Build
2003
County
McHenry
Tax
$5,207.36
MLS®️ Listing#
12304870
On exitrealty.com
277 days
Property 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.
Property Features
Listing Courtesy: Premier Commercial Realty - 847-854-2300
mls_icon Based on information submitted to the MLS GRID as of 2025-09-03 21:25:02. 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: 2025-09-03 21:25:02
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EXIT REALTY REDEFINED
2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
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$200,000

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EXIT REALTY REDEFINED
2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
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