$200,000

715 Ridgeview Drive, Mchenry, IL 60050

  • 1,584 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2003
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $126/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 7:20PM
Listing Office:
Premier Commercial Realty : 847-854-2300
Listing Agent:
Heather Schweitzer : 815-236-9816
MLS ID:
12304870
  • A/C: Central Air
  • Originating MLS: mred
  • County: McHenry
  • Zoning: OFFIC1403380015
  • Utilities: Service - 0 to 100 Amps
  • Source: mred

This listing courtesy of Heather Schweitzer , Premier Commercial Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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