2400 Richmond RdMcHenry, IL 60051

Property Details for 2400 Richmond Rd

Year built

2003

Lot size

1.02 AC

Property size (Sq ft)

4,891 SF

Property type

Other commercial real estate

APN

09-23-452-001

APU

923452001

Description

This exceptional 4,891 square foot retail property, formerly a bank branch, presents a unique investment opportunity in McHenry, Illinois. Situated at 2400 N Richmond Rd, 60051, this single-tenant space boasts a highly desirable location along Richmond Road, a major thoroughfare with a remarkable 24,500 vehicles per day (VPD). The property offers convenient access with two points of entry – full access and a right-in, right-out option. A significant advantage is the availability of a drive-thru, perfect for a variety of retail uses. The property benefits from its proximity to McHenry Towne Centre, a major shopping destination attracting approximately 1.9 million visitors annually, according to Placer AI data. The former bank branch location enjoyed substantial success, reporting $114 million in deposits in 2022 (FDIC). The 2022 property taxes totaled $38,282.16. This property is located in McHenry County and offers significant potential for a variety of retail businesses seeking a high-visibility location with excellent traffic counts and strong local demographics. The drive-thru feature adds considerable value and versatility. This is a rare opportunity to acquire a well-situated retail space in a thriving community.

• Alternative Use

  Use

  Valuation

  Residential

  $1,010,842

  Hospitality

  $925,926

  Educational

  $770,359

  Medical

  $796,853

  Retail

  $1,198,337

Location Insight

City

Mchenry

County

Mchenry

State

Illinois

Latitude

42.3608

Longitude

-88.2666

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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