3937 & 3939 Main ST, Mchenry, IL 60050
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$ 539,000
Est. payment | /mo

5,991 SqFt


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$ 539,000
Est. payment | /mo
Save

5,991 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 5,991 sqft

Price per Sqft $89

MLS Listing ID 12737348

Maintenance Fees $3,000

Year Built 1895

Annual Tax Amount $17,597

Tax Year 2025

Lot Size 9,583 Sqft

Lot Dimensions 90 X 24 X 149 X 166

Property Sub-Type Multi Family 5+

Property Description

23 single residence occupancy units in 2 story vintage downtown McHenry building with 20 units leased (87% occupancy). Units rented week to week or month to month. Laundry room. Separate 400 sf leasing/management office could be converted to apartment, store or office. Close to commuter train and downtown restaurants. Potential for redevelopment or creative re-use. City in process of establishing TIF district and plans area capital improvements. Priced below local Assessor valuation. Management in place. Ask for rent roll and operating statement. 11.3% actual cap rate.

Location

State IL

County Mchenry

Area Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom Lake / Sunnyside / Ringwood

Zoning COMMR

Rooms

Basement Unfinished

Interior

Cooling None

Fireplace N

Exterior

Utilities Available Sewer Connected

Building

Dwelling Type Multi Family 5+

Water Municipal Water

Structure Type Brick,Wood,Cedar

Midwest Real Estate Data (MRED) IDX
Listed by Bruce Kaplan of  Premier Commercial Realty 

Nearby Locations

Ali Arciniega

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 683-1249

aarciniega@chicagorea.com

1941 N Elston Ave, Chicago, IL 60642, USA

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3937 & 3939 Main ST