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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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