1391 Corporate DrMcHenry, IL 60050

  • Industrial properties
  • 64,488 SF
For Sale
$4,000,000 View listing

Property Details for 1391 Corporate Dr

Year built
1994
Lot size
6.50 AC
Property size (Sq ft)
64,488 SF
Property type
Industrial properties
APN
14-10-201-006
APU
1410201006

Description

This exceptional Class A office building, located at 1391 Corporate Drive in McHenry, Illinois, presents a unique investment opportunity. Boasting 64,473 square feet on a 6.5-acre lot, this 1994-built property is currently configured for multi-tenant occupancy, with two existing tenants occupying 10% of the space. The building offers a flexible layout suitable for various uses, including executive offices, medical offices, call centers, or light production. High-quality finishes and abundant natural light create a desirable work environment. The property features a 4:1000 parking ratio, ensuring ample parking for tenants and visitors. The building is professionally managed, offering a seamless transition for new ownership. Currently listed at $4,000,000, this property presents a compelling opportunity for both owner-occupiers and investors seeking a high-image, multi-tenant facility in a prime McHenry County location. The building's flexible design allows for single-user or multi-tenant options, catering to a wide range of business needs. The property is situated in McHenry, IL, zip code 60050, offering convenient access to major transportation routes and amenities. This turnkey opportunity includes fully furnished spaces, ready for immediate occupancy. The net lease structure provides a straightforward and efficient ownership model. Don't miss this chance to acquire a well-maintained, high-quality office building in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,327,986
    Hospitality
    $12,208,364
    Educational
    $10,157,215
    Medical
    $10,506,537
    Retail
    $15,800,113

Location Insight

City
Mchenry
County
Mchenry
State
Illinois
Latitude
42.31
Longitude
-88.2854
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$62,787
$181,404
$442,382
$623,786
-
$544,212
$1,327,146
$1,871,358

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