McHenry, IL 60050 715 Ridgeview Drive
$200,000



9 more










Presented By: Premier Commercial Realty
Home Details
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
Cap Rate9.7
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 /
ModificationTimestamp2025-06-27T14:27:01.568Z
Net Operating Income19365
Operating Expense0
Property SubtypeCondominium
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount5207.36
Tax Year2024
Year Built2003
ZoningOFFIC
Exterior for 715 Ridgeview Drive
Building Area Total1584
Lot Dimensions1584
Additional Details
Price History
