New Listing
$539,000
( $89.97Per Sq Foot )
 $2,893 est/mo Sourced by Back At You

3937 & 3939 Main Street,McHenry, IL 60050

McHenry, IL 60050

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Description

23 single residence occupancy units in 2 story vintage downtown McHenry building with 20 units leased (87% occupancy). Units rented week to week or month to month. Laundry room. Separate 400 sf leasing/management office could be converted to apartment, store or office. Close to commuter train and downtown restaurants. Potential for redevelopment or creative re-use. City in process of establishing TIF district and plans area capital improvements. Priced below local Assessor valuation. Management in place. Ask for rent roll and operating statement. 11.3% actual cap rate.

Details

MLS #12737348
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive
Year1895
Days On Site4
Listing Provided ByPremier Commercial Realty | Bruce Kaplan

Features

SQ Feet5,991
BasementY
Story(s)2
Units23
ZoningCOMMR
Acreage0.22

Interior

CoolingNone
Fireplaces Total0

Exterior

Foundation DetailsConcrete Perimeter
Construction MaterialsBrick, Wood, Cedar

Utilities

UtilitiesSewer Connected

Taxes

Tax Year2025
Tax Annual Amount17597

Area Information

StateIL
CountyMcHenry
CityMcHenry
Zip Code60050
AreaHoliday Hills | Johnsburg | McHenry | Lakemoor | McCullom Lake |
Listing VS Median (in 60050)
Price:
$539,000
low | high
Med:
$349,000
85.250463821892% of Average
sqft:
5,991
low | high
Med:
1,906
100% of Average
$ / sqft:
$90
low | high
Med:
$183
53.522807577672% of Average
On site:
4
low | high
Med:
11
36.363636363636% of Average
Sourced by Back At You

Market Activity 60050

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Learn More About This Property

StateIL
CountyMcHenry
CityMcHenry
Zip Code60050
AreaHoliday Hills | Johnsburg | McHenry | Lakemoor | McCullom Lake |
Listing VS Median (in 60050)
Price:
$539,000
low | high
Med:
$349,000
85.250463821892% of Average
sqft:
5,991
low | high
Med:
1,906
100% of Average
$ / sqft:
$90
low | high
Med:
$183
53.522807577672% of Average
On site:
4
low | high
Med:
11
36.363636363636% of Average
Sourced by Back At You
Listing Updated: August 19, 2026 at 2:39:26 PM PDT