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1207 N 3rd Street

Mchenry, IL 60050
  • $499,000
  • STATUS: Active
  • ON SITE: 476 Days
  • MLS #: 11488158
UPDATED: 65 min ago
$499,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

5 Unit Brick Mixed Use Bldg. 5,457 SF 2,700 SF first floor retail space with drive thru window (currently a dry cleaner who is retiring) plus 2,700 SF second floor with (4) 1-bedroom, 1 bath apartments generating $41,400/yr in rents with month to month leases. Ideal for user/investor. 0.55 acre site (3 PINs). Visible from Route 120 with pole signage. Apartments are separately metered for electric. Need some updating. Wall A/C units, laundry room. Property includes separate lot that could accommodate another building. 22 parking spaces. Priced below tax assessment ($602,750). Addl. PINs are 030 and 036. 2009 Phase I and II on file. Contact broker for rent roll.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2023-11-30T16:00:35.923 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1207 N 3rd Street Mchenry, IL 60050

  • Price: $499,000
  • Status: Active
  • On Site: 476 Days
  • Updated: 65 min ago
  • MLS #: 11488158
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1970
Built
Neighborhood:
Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom La
County:
McHenry
Area:
Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom La
Property Description
5 Unit Brick Mixed Use Bldg. 5,457 SF 2,700 SF first floor retail space with drive thru window (currently a dry cleaner who is retiring) plus 2,700 SF second floor with (4) 1-bedroom, 1 bath apartments generating $41,400/yr in rents with month to month leases. Ideal for user/investor. 0.55 acre site (3 PINs). Visible from Route 120 with pole signage. Apartments are separately metered for electric. Need some updating. Wall A/C units, laundry room. Property includes separate lot that could accommodate another building. 22 parking spaces. Priced below tax assessment ($602,750). Addl. PINs are 030 and 036. 2009 Phase I and II on file. Contact broker for rent roll.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 19-30 SpacesOpenPavedPrivate Lot Parking Total 22 Roof Composition Roof Structure Pitched

Interior Features

Cooling Wall Sleeve Flooring CarpetTileVaries Heat Ventilation Central Heat/Indiv ControlsElectricGasHot Water Miscellaneous Inside Inside Corridor/SMulti-TenantLaundry Room Number Of Dryers 1 Number Of Ranges 4 Number Of Washers 1

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 5457 Built Before1978 YN Yes Current Use Commercial Electric Circuit BreakersSeparate MetersService - 101 To 200 AmpsPower - 240VThree Phase Fire Protection Fire Extinguisher/SHydrants On Site Geographic Locale Northwest Suburban Gross Income 41400 Gross Scheduled Income 41400 Insurance Expense 0 Location Central Business DistrictCornerMixed Use Area Mls Actual Status Active Ownership Types Sole Proprietor Possible Use CommercialMulti-FamilyRetail Property Sub Type Apts/Stores Rental Price 0 Seller Needs Cash Tax Annual Amount 19083 Tax Year 2022 Tenant Pays ElectricityHeat Total Monthly Income 3450 Township Mchenry Type Mixed Use Utilities Electric To SiteGas To SiteSanitary SewerWater To Site Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Premier Commercial Realty: 847-854-2300.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2023-11-30T16:00:35.923 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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