McHenry, IL
Commercial Real Estate Market Trends & Data

$201 Avg asking sale price
$39 Avg asking lease rate
21,009 SF Avg unit lease size
182,588 SF Avg building size for sale
6.81% Average cap rate

McHenry's Demographic Profile

McHenry has 10,952 households and a median income of $77,968, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 28,072
# Households 10,952
Median age 42
Median household income $77,968
Avg household size 3.0
Renter-occupied housing units 2,892
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near McHenry, IL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
McHenry $100 115,479 SF 9.70%
Bull Valley $105 137,935 SF 9.70%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
McHenry $93 285,566 SF 9.70%
Bull Valley $93 285,566 SF 9.70%
Nearby Retail Markets Avg Cost/SF Typical Size
McHenry $391 29,153 SF
Johnsburg $947 54,204 SF
Prairie Grove $183 7,948 SF
Island Lake $376 10,384 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Crystal Lake $283 17,920 SF 6.27%
Antioch $214 8,080 SF 8.40%
Twin Lakes $180 2,968 SF 7.64%

Commercial Properties For Sale in McHenry

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Wal-Mart Outlot

Johnsburg, IL 60050

  • 0.46 AC Lot
  • 1 Commercial Lot
  • $650,000
For Sale

21+ AC Commercial Land Next to Super WalMart

Johnsburg, IL 60051

  • 21 AC Lot
  • 1 Commercial Lot
  • $1,589,950
For Sale

4901 W Elm St

McHenry, IL 60050

  • 3,200 SF Office Building
  • $275,000
For Sale

BMO Bank - New 15 Yr Lease

McHenry, IL 60051

  • 4,882 SF Retail Building
  • 5.50% Cap Rate
  • $4,624,218
For Sale

1224 N Green St

McHenry, IL 60050

  • 3,120 SF Retail Building
  • $525,000
For Sale

2 Acre + Development Site

McHenry, IL 60050

  • 2 AC Lot
  • 1 Commercial Lot
  • $895,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether McHenry pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
McHenry $201 182,588 SF
Johnsburg $947 38,936 SF
Prairie Grove $166 194,252 SF
Ringwood $116 38,242 SF

Regional Demographic Comparison

This comparison places McHenry alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in McHenry or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
McHenry 28,072 10,952 42 $77,968 3 2,892 1%
Johnsburg 6,658 2,513 46 $101,239 3 332 1%
Lakemoor 6,977 2,791 39 $89,879 3 963 3%
Prairie Grove 1,719 692 45 $79,824 2 181 7%
Ringwood 885 325 46 $119,207 3 37 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in McHenry, IL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in McHenry

View All Commercial Real Estate For Sale in McHenry
Is McHenry a good market for a first-time commercial real estate investor?

McHenry offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in McHenry?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in McHenry. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in McHenry?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for McHenry. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does McHenry compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to McHenry. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for McHenry acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in McHenry, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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