FULLY GUT REHABBED mixed-use building in Downtown McHenry. From HVAC, Plumbing to electrical systems, everything was gutted in 2019 ~ 2020, the total cost was almost $200K. (All the permits and invoices are in the additional information). This could be a perfect investment property or for people who would like to generate a descent cashflow with very low investment. The first-floor space can be rented for at least $1800/m. The second floor apt has 2 bedrooms and 1 bath in the 1600 sq ft living space. The current rent is $960/m but you can rent it for around $1200/m after you update the kitchen of it a little bit. It also has a huge backyard which can provide you with a huge opportunity. If you want to learn more hidden opportunity of this area, please check how downtown McHenry is expending for the last few years. Don't lose your opportunity.
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