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1391 Corporate Dr
McHenry, IL 60050
The Value-Add McHenry Corporate Center IV · Office Property For Sale
Investment Highlights
- The McHenry Corporate Center IV located at 1391 Corporate Drive presents the market a rare opportunity to acquire a flex asset in McHenry, Illinois.
- Opportunity to acquire a 35% leased office asset, presenting new ownership in-place cash flow with value-add upside through lease-up or usership.
- Property includes 10,000 square feet of warehouse space with a drive-in and a dock-high door allowing distribution tenancy.
- Centralized location between three major metropolitan areas, including Chicago, Rockford, and Milwaukee.
- Within 5 miles there is a robust population of over 306,000 people who earn over $112,000 a year per household creating a strong work force.
- Property is located in the business park adjacent to major medical in McHenry including Northwestern and Mercy with potential for medical uses.
Property Facts
Property Type
Office
Building Size
66,408 SF
Building Class
B
Year Built/Renovated
1994/2021
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
33,204 SF
Building FAR
0.23
Lot Size
6.50 AC
Zoning
I-1 - 0080 - Industrial
Parking
245 Spaces (3.69 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 14-10-201-006 | Improvements Assessment | $539,424 |
| Land Assessment | $221,197 | Total Assessment | $760,621 |
Property Taxes
Parcel Number
14-10-201-006
Land Assessment
$221,197
Improvements Assessment
$539,424
Total Assessment
$760,621
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