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4209 W Shamrock Ln

20,000 SF Vacant Office Building Mchenry, IL 60050 £1,909,004 (£95/SF) 7.48% Net Initial Yield

Investment Highlights

  • See Attached Brochure for Rent Roll and Financials
  • Easy access to local amenities, shopping, and dining.
  • Suitable for various business types, including professional services, healthcare, and non-profits.
  • Under 2 miles from Route 31
  • Competitive pricing in a supportive and growing business community.

Executive Summary

USER/INVESTOR OFFICE BUILDING
20,000 SF
For sale or lease, 24 year old 20,000 of masonry single story office building on 2.26 acres. 50% leased with $158,770 current gross income (plus CAM and tax over stops).
Unit B available for user or lease: 10,000 SF has 17 office / conference room mix, large open area, 2 multi-stall bathrooms and break room. $12 psf Gross (CAM & taxes included).
See proforma rent roll and operating statement. 7.4% CAP rate at 95% occupancy (using only $12 psf gross for vacant 10,000 SF).
Two long term quality tenants – Dialysis since 2012 and Psychologist since 2016. Only a 9 iron from Northwestern Hospital.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
20,000 SF
Building Class
B
Year Built
2000
Price
£1,909,004
Price Per SF
£95
Net Initial Yield
7.48%
NOI
£142,743
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
20,000 SF
Building FAR
0.20
Lot Size
2.26 AC
Zoning
O1
Parking
100 Spaces (5 Spaces per 1,000 SF Leased)

Amenities

  • Monument Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste B
  • 10,000 SF
  • Office
  • Full Build-Out
  • Now

Unit B available for user or lease: 10,000 SF has 17 office / conference room mix, large open area, 2 multi-stall bathrooms and break room. $12 psf Gross (CAM & taxes included).

Space Size Space Use Condition Available
1st Fl-Ste B 10,000 SF Office Full Build-Out Now

1st Fl-Ste B

Size
10,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste B

Size 10,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Unit B available for user or lease: 10,000 SF has 17 office / conference room mix, large open area, 2 multi-stall bathrooms and break room. $12 psf Gross (CAM & taxes included).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-03-476-011
Land Assessment
£132,028
Improvements Assessment
£391,954
Total Assessment
£523,981
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
  • Listing ID: 31491564

  • Date on Market: 12/04/2024

  • Last Updated:

  • Address: 4209 W Shamrock Ln, Mchenry, IL 60050

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