4209 W Shamrock Ln - Medical FOR SALE


Mchenry, IL 60050- Liberty Square
$2,400,000 USD
847-507-1759
4209 W Shamrock Ln, Mchenry, IL for Sale
$2,400,000 USD
Medical - FOR SALE
1/32
null | 7.4% Cap Rate

4209 W Shamrock Ln
Mchenry, IL 60050
Liberty Square


HIGHLIGHTS

  • Proforma CAP Rate 7.4%

OVERVIEW

USER/INVESTOR OFFICE BUILDING 20,000 SF For sale or lease, 24 year old 20,000 of masonry single story office building on 2.26 acres. 50% leased with $158,770 current gross income (plus CAM and tax over stops). Unit B available for user or lease: 10,000 SF (divisible) has 17 office / conference room mix, large open area, 2 multi-stall bathrooms and break room. $12 psf Gross (CAM & taxes included). Space can be demised to 2,500 SF or possibly less. See proforma rent roll and operating statement. 7.4% CAP rate at 95% occupancy (using only $12 psf gross for vacant 10,000 SF). Two long term quality tenants – Dialysis since 2012 and Psychologist since 2016. Only a 9 iron from Northwestern Hospital.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.26 AC

LAND SF

98,446 SF

ZONING

O1

APN/PARCEL ID

14-03-476-011

ASK ABOUT THIS PROPERTY

Bruce KaplanPremier Commercial RealtyMore Info
847-507-1759

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Bruce KaplanPremier Commercial RealtyMore Info
847-507-1759

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