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5200 W Elm St
Mchenry, IL 60050
Retail Property For Sale
Executive Summary
McHenry, a suburb of Chicago, has an estimated regional population of approximately 27,000 and a greater metropolitan population of nearly 9.5 million, the third largest in the nation. The site is located 56 miles Northwest of downtown Chicago via I90. Locally well positioned with full ingress and egress on well trafficked W. Elm Street/IL-120, 7 miles from US 12 highway access. Central placement in retail corridor, including 2.8 miles from major regional grocery chain Meijer, 2.8 miles from Home Depot, and 3.5 miles from Walmart Supercenter. Situated between 0.6 and 1.8 miles of area’s main Elementary, Middle, and High Schools.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,000 SF
Building Class
C
Year Built
1996
Price
$1,555,000
Price Per SF
$518.33
Cap Rate
6.75%
NOI
$104,975
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.39 AC
Parking
8 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
117’ on W Elm St
Property Taxes
| Parcel Number | 09-28-285-021 | Improvements Assessment | $131,455 |
| Land Assessment | $45,053 | Total Assessment | $176,508 |
Property Taxes
Parcel Number
09-28-285-021
Land Assessment
$45,053
Improvements Assessment
$131,455
Total Assessment
$176,508
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