McHenry, IL 60050 715 Ridgeview Drive

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Presented By: Premier Commercial Realty
  • MLS# 12304870
  • 03/05/2025
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  • SQFT • 1,584

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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.
Presented By: Premier Commercial Realty

General for 715 Ridgeview Drive

Additional Parcels Y/NNo
CityMcHenry
CoolingCentral Air
CountyMcHenry
DirectionsSouth on Ridgeview from Bull Valley Rd
ElectricService - 0 to 100 Amps
Gross Income
Leasable Area1584
Lot Size Square Feet1584
MLS AreaHoliday Hills / Johnsburg / McHenry / Lakemoor /
Net Operating Income19365
Operating Expense0
Property SubtypeCondominium
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount5106.92
Tax Year2023
Year Built2003
ZoningOFFIC

Exterior for 715 Ridgeview Drive

Building Area Total1584
Lot Dimensions1584

Additional Details

Price History

Client Care

Price $200,000
MLS#12304870
List Date 03/05/2025
Property Type Commercial
Phone 847.485.2500
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