INCOME AND CASH FLOWING PROPERTY 3937 Main Street, McHenry, IL 60050

Availability: for sale

Property Type: Multi-Family
Garden/Low Rise

Year Built: 1930

Building Class: C

Land Size: 9600 SF

Price: $649,000

Price per Acre/SF: $2,944,838 / $67.60

NOI: $75,000

Cap Rate: 10%

Zoning: B-2

Russell Hart rhart@remax.net

Overview Details Map

Property Description

Excellent investment property near downtown McHenry. Just one block away from the McHenry Metra Stop, with shops and restaurants conveniently nearby. On-site parking available.

Full Address: 3937 Main Street, McHenry, IL 60050

Listing Type: FOR SALE

Status: Active

Occupancy Rate: 86%

Building Class: C

Zoning: B-2

Region: M-EN

County: McHenry County

Use Type: SRO

Property ID: 4040086

Amenities

Has Sewer: Yes

Has Water: Yes

Has Electric: Yes

Has Broadband: Yes

Heating: Yes

Number Units: 24

Number Buildings: 2

Year Built: 1930

Free Standing: Yes

Number Parking Spaces: 6

Cap Rate: 10%

Tenancy Type: Multi-Tenant

Cash Flow Type: Actual

Cf Op Expenses: $75,623

Cf Year: $2,023

NOI: $75,000

Cf Vacancy: $80

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