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1224 N Green Street

Mchenry, IL 60050
  • $390,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 11753073
UPDATED: 59 min ago
$390,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

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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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-05-28T10:58:09.597 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1224 N Green Street Mchenry, IL 60050

  • Price: $390,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 59 min ago
  • MLS #: 11753073
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom La
County:
McHenry
Area:
Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom La
Property Description
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.
Exterior Features

Exterior Building Type Block Foundation Details BlockConcrete Perimeter Parking Total 8 Roof Structure Gable

Interior Features

Cooling Central AirWindow Unit(S) Heat Ventilation Central Bldg HeatRadiators

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 3120 Built Before1978 YN Yes Current Use Commercial Electric Circuit BreakersSeparate Meters Fire Protection Other Geographic Locale Northwest Suburban Gross Income 33120 Gross Scheduled Income 33120 Insurance Expense 1200 Mls Actual Status Active Net Operating Income 23820 Operating Expense 9300 Possible Use Commercial Property Sub Type Apts/Stores Rental Price 0 Tax Annual Amount 5141 Tax Year 2021 Tenant Pays Varies By Tenant Total Monthly Income 2760 Township Mchenry Type Mixed Use Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Platinum Partners Realtors: 630-435-3500.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-05-28T10:58:09.597 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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