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$ 200,000
Est. payment | /mo
1,584 SqFt
$ 200,000
Est. payment | /mo
1,584 SqFt
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $126
MLS Listing ID 12304870
Year Built 2003
Annual Tax Amount $5,207
Tax Year 2024
Lot Dimensions 1584
Property Sub-Type Office/Tech
Property Description
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.
Location
State IL
County Mchenry
Zoning OFFIC
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Listed by Heather Schweitzer • Premier Commercial Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "