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Listing provided courtesy of Premier Commercial RealtyMREDas Distributed by MLSGrid- MLS# 12304870MLS Provider

715 Ridgeview DriveMcHenry, IL 60050

Commercial · 1,584 Sq. ft.
$200,000 Active

715 Ridgeview Drive Overview

Time on Site:
481 days
Visits:
4

Office Condo Investment Opportunity 1,584 SF Fully Leased Fully leased 1,584 SF professional office condo with 208 SF of additional storage in the Capital Court Commons. Beautifully buildout with 2 private offices, large conference room (could be 3rd office), open reception / clerical area, file room, kitchenette and private bathroom. Lots of natural light. Existing tenant (One Hope United) has a lease signed through May of 2029 with annual escalations and an option to renew. (ask broker for financials and rent roll). NOI is $19,365 with a 9.7% CAP. Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital. Adjacent condo also available for sale. Note: Photos taken prior to Tenant occupancy.

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715 Ridgeview Drive Facts & Features

  • Type Commercial
  • Sq. ft. 1,584
  • Price/Sq.ft. $126

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 19365
  • Operating Expense: 0

Building Information

  • Year Built: 2003

Location/Region

  • County Or Parish: McHenry
  • MLS Area Major: Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood

Tax Information

  • Tax Annual Amount: $5,207.36
  • Tax Year: 2024

General Information

  • Parcel Number: 1403380015
  • Property Sub Type: Condominium
  • Property Type: Commercial Sale
  • Zoning: OFFIC

Interior

Building Interior

  • Building Area Total: 1584

General Information

  • Cooling: Central Air
  • Electric: Service - 0 to 100 Amps
  • Leasable Area: 1584
  • Stories: 1

Unit Information

  • Unit SqFt.: 1584

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 1584
  • Lot Size Square Feet: 1584

715 Ridgeview Drive Neighborhood

Community

60050 (MCHENRY) Demographics

41
Median Age
1,108
Population Density (per sq. mile)
38%
College Educated
$74,557
Estimated Median Income
9,294
Estimated Total Home Owners
3,271
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

715 Ridgeview Drive Monthly Cost

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$ %
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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

715 Ridgeview Drive Market Data

Based on the last 30 days in this zip code

$393,100
Average List Price
$192
Average Price per Square Foot
48
Properties Sold
39
Average Days on Market
90
Properties for Sale
Calculations provided by Reliance Network

715 Ridgeview Drive History

Date Event Value Agent
3/21/2026Source: MRED Status Change
Active
3/16/2026Source: MRED Status Change
Re-activated
3/11/2025Source: MRED Status Change
Active
3/5/2025Source: MRED Added to Database
March 05, 2025
4/26/2024Source: MRED Status Change
Rented