1224 N Green St - Retail FOR SALE


Mchenry, IL 60050
$550,000 USD
847-383-6600
1224 N Green St, Mchenry, IL for Sale
$550,000 USD
Retail - FOR SALE
1/14
null | Request Cap Rate

1224 N Green St
Mchenry, IL 60050


HIGHLIGHTS

  • Mixed-Use
  • Steps From the Riverwalk

OVERVIEW

Prime Mixed-Use Building in Downtown McHenry - Ideal Investment Opportunity! Located in the heart of Downtown McHenry on sought-after Green Street, this remodeled (2020) mixed-use building offers an excellent investment opportunity with strong cash flow potential. Just steps from Riverwalk festivities, restaurants, and shops, this property is perfectly positioned for both residential and commercial tenants. The first-floor commercial space features new mechanicals, electrical, and a new roof, providing a modern and updated space for businesses. Owner willing to also lease first floor commercial space! The second-floor residential unit is a spacious 1,600 sq. ft. apartment with 2 bedrooms and 1 bath, offering comfortable living with a huge backyard. Residential lease up in June, option to go month-to-month. With low maintenance costs and great income potential, this property is perfect for investors or owner-occupants looking to generate passive income. Don't miss this chance to own a prime mixed-use property in a thriving location!

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C4

APN/PARCEL ID

09-26-455-008

ASK ABOUT THIS PROPERTY

Jodi Cinq-MarsKeller Williams North Shore WestMore Info
847-383-6600

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Jodi Cinq-MarsKeller Williams North Shore WestMore Info
847-383-6600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.