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2601 S River Rd
Mchenry, IL 60051
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High-visibility site along heavily trafficked River Road
- Close to Fox River
- Ample on-site parking and direct road access
- Near signalized intersection for easy access
- Surrounded by residential growth
EXECUTIVE SUMMARY
Colliers Net Lease Investment Group is pleased to present 2601 River Road, McHenry, IL presents an excellent opportunity to acquire a stabilized investment property with dual income streams.
The site is leased to a long-term bar operator with gaming machines, generating reliable rental income and strong customer traffic. Additionally, the property includes a billboard lease that provides passive supplemental income.
The lease is functionally Triple Net (NNN), with the tenant responsible for real estate taxes, CAM, insurance, and operating costs—ensuring minimal landlord responsibilities.
Positioned on 2.2 acres with a 4,558 SF freestanding building, the property benefits from high visibility, a growing suburban market, and consistent cash flow.
The site is leased to a long-term bar operator with gaming machines, generating reliable rental income and strong customer traffic. Additionally, the property includes a billboard lease that provides passive supplemental income.
The lease is functionally Triple Net (NNN), with the tenant responsible for real estate taxes, CAM, insurance, and operating costs—ensuring minimal landlord responsibilities.
Positioned on 2.2 acres with a 4,558 SF freestanding building, the property benefits from high visibility, a growing suburban market, and consistent cash flow.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bar
Building Size
2,160 SF
Building Class
C
Year Built
1966
Price
$699,450
Price Per SF
$323.82
Cap Rate
11.39%
NOI
$79,650
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
2.20 AC
Zoning
B-1 B-2 - Business District
Parking
13 Spaces (6.02 Spaces per 1,000 SF Leased)
Frontage
160’ on South River Rd
PROPERTY TAXES
| Parcel Number | 15-17-177-002 | Improvements Assessment | $58,732 |
| Land Assessment | $23,290 | Total Assessment | $82,022 |
PROPERTY TAXES
Parcel Number
15-17-177-002
Land Assessment
$23,290
Improvements Assessment
$58,732
Total Assessment
$82,022
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