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Casey Voris
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(847) 934-1153
Direct Office:
(815) 482-8200
kcv@mc.net
IL Lic # 475.098690
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SOLD
$425,000
Date 06/29/2023

1218-1222 Green Street Street
McHenry, IL 60050

Mixed Use
Residence
Courtesy: Homevue Realty, Inc

Description for 1218-1222 Green Street Street McHenry, IL 60050

OPPORTUNITY KNOCKS! Mixed use storefront/apartment building located in heart of McHenry's thriving Riverwalk District. Classic Victorian offers excellent opportunity for investor seeking dependable income stream and maximum R.O.I. Gross Building Area approx. 4,400 sqft comprised of 3 commercial and 3 residential units. Tenants pay individually metered gas and electric. Large basement offers ample room for storage, build out and/or installation of on-site laundry. private rear lot accommodates parking for residential tenants up to 8 vehicles. Large municipal parking lot adjacent to rear of building adjoins property's easement providing public access to Green Street and River Walk. All units 100% occupied - solid tenant base with long term leases. Cumulative gross monthly income of $5,200 - Taxes $8,200/yr. - Utilities of ~$275/mo. and yearly maintenance expense yield ~10%+ cap rate. Sorry, no contract for deed or owner financing - cash only or pre-qualified buyers please.

Property Details

11745471
Mixed Use, Other
Mc Henry
1890
Brick,Cedar,Frame
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Courtesy: Homevue Realty, Inc
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/28/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Casey Voris

330 W. Virginia St., Crystal Lake, IL 60014 | Phone: (815) 482-8200 | Email: kcv@mc.net

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