1218-1222 Green Street Street, McHenry, IL 60050 - Photo 1

1/1

$425,000

Sold
Closed
Commercial
4,400 Sq. Ft.
8 Parking Spaces

1/1

Property Description

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.

Full Property Details

Full Property Details for 1218-1222 Green Street St

General

Sold For: $425,000
Taxes: $8,200 (2021)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 11745471
Added to Site: 1, 056 day(s) ago

Interior

Flooring: Vinyl, Other

Additional Information

Security/Safety: Alarm on Site, Fire Extinguisher(s), Smoke or Fire Protectors

Parking

Total Spaces: 8

Location

Area: Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
County: Mc Henry
Driving Directions: Take I-90 W, IL-53 N and US-12 W to W Case Rd in Wauconda Take Cty V47/N Darrell Rd and IL-120 W to N Green St in McHenry to 1218-1222 N Green St.
Location Details: Chicago Northwest, Central Business District, Mixed-Use Area, Public Transport Avail, Airport/Runway Nearby, In City Limits, High Traffic Area

Heating & Cooling

Cooling Type: Central Air Conditioning, Window Unit(s)
Heating Type: Radiators

Utilities

Onsite: Electricity to Site, Gas to Site, Municipal Water

Structural Information

Exterior Const.: Brick, Cedar, Frame
Foundation: Concrete Perimeter, Stone
Roof: Membrane, Rubber
Sub-Flooring: Vinyl, Other
Stories/Levels: 2
Square Feet: 4,400
Current Bldg. Use: Commercial
Year Built: 1890
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 3
Units w/Range/Oven: 3

Lot Features

Lot Size (Sq. Ft.): 8,125
Lot Dimensions: 62.08 x 131.35 x 62.00 x 131.03
Drainage: Drainage Ways
Potential Use: Commercial, Multi-Family, Retail
Zoning: COMMR

Financial Considerations

Lease Price: $1
Operating Expenses: $3,300
Security Deposit: Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors
Assessment Year: 1890
Tax Amount: $8,200
Tax Year: 2021

Disclosures and Reports

Property ID: 926455009

Listed by Homevue Realty, Inc
Sold by Allen R. Schmidt

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— 1218-1222 Green Street St —

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Schools

Schools serving 1218-1222 Green Street St

School Districts:McHenry Community Consolidated School District 15, McHenry Community High School District 156

Name	Grades	Distance
Edgebrook Elementary School, McHenry, IL 701 North Green Street, McHenry, IL 60050	K-3	0.5 mi
Chauncey H Duker School 3711 Kane Avenue, McHenry, IL 60050	4-5	0.5 mi
Mchenry Middle School 2120 West Lincoln Road, McHenry, IL 60051	6-8	1.5 mi
Mchenry East High School 1012 North Green Street, McHenry, IL 60050	9-12	0.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1218-1222 Green Street St

Date

Details

Price

Change

Source

6/29/2023

Sold

$425,000

-5.56%

MLS

3/26/2023

Listed

$450,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

3701 Spring Grove Rd, Johnsburg, IL 60051 - Photo 1

Just Listed

$364,900

3701 Spring Grove Rd Johnsburg, IL 60051

Multi-Family
Active
Updated 16 hours ago

5
Total Beds

Listed by Mary Wallace (708) 203-1412 and Steven Raetz (708) 203-1697

4311 Red Tail Ln, Johnsburg, IL 60051 - Photo 1

Just Listed

$1,200,000

4311 Red Tail Ln Johnsburg, IL 60051

Single Family
Active
Updated 4 days ago

3
Beds
3
Total Baths
2,736
Sq. Ft.

1614 River Terrace Dr, Johnsburg, IL 60051 - Photo 1

Just Listed

$399,000

1614 River Terrace Dr Johnsburg, IL 60051

Single Family
Active
Updated 3 days ago

3
Beds
1
Total Bath
1,213
Sq. Ft.

4410 Preservation Ct, Johnsburg, IL 60051 - Photo 1

Just Listed

$129,532

4410 Preservation Ct Johnsburg, IL 60051

Lots/Land
Active
Updated 5 days ago

2.32
Acres

32075 Savannah Dr, Lakemoor, IL 60051 - Photo 1

Price Reduced

-$10,000 (-2.17%)

$449,900

32075 Savannah Dr Lakemoor, IL 60051

Single Family
Active
Updated 1 day ago

4
Beds
3
Total Baths
2,768
Sq. Ft.

415 Red Oak Cir, Volo, IL 60020 - Photo 1

Price Reduced

-$4,400 (-1.33%)

$326,090

415 Red Oak Cir Volo, IL 60020

Townhouse
Active
Updated 4 days ago

3
Beds
3
Total Baths
1,764
Sq. Ft.

421 Red Oak Cir, Volo, IL 60020 - Photo 1

Price Reduced

-$4,450 (-1.37%)

$320,040

421 Red Oak Cir Volo, IL 60020

Townhouse
Active
Updated 4 days ago

3
Beds
3
Total Baths
1,764
Sq. Ft.

6324 Maple Glen Dr, Wonder Lake, IL 60097 - Photo 1

Price Reduced

-$2,000 (-0.73%)

$272,900

6324 Maple Glen Dr #6324 Wonder Lake, IL 60097

Condo / Townhouse
Active
Updated 5 days ago

2
Beds
2
Total Baths
1,375
Sq. Ft.

812 N Allen Ave, McHenry, IL 60050 - Photo 1

Sold

$446,000

812 N Allen Ave McHenry, IL 60050

Single Family
Closed

4
Beds
3
Total Baths
2,459
Sq. Ft.

3311-3315 Waukegan St, McHenry, IL 60051 - Photo 1

Sold

$407,000

3311-3315 Waukegan St McHenry, IL 60051

Multi-Family
Closed

6
Total Beds

503 N Green St, McHenry, IL 60050 - Photo 1

Sold

$389,000

503 N Green St McHenry, IL 60050

Single Family
Closed

4
Beds
3
Total Baths
2,489
Sq. Ft.

3717 W High St, McHenry, IL 60050 - Photo 1

Sold

$367,000

3717 W High St McHenry, IL 60050

Single Family
Closed

4
Beds
2
Total Baths
2,468
Sq. Ft.

1218-1222 Green Street Street, McHenry, IL 60050 (MLS# 11745471) is a Commercial property that was sold at $425,000 on June 29, 2023. Want to learn more about 1218-1222 Green Street Street? Do you have questions about finding other Commercial real estate for sale in McHenry? You can browse all McHenry real estate or contact a Coldwell Banker agent to request more information.

1218-1222 Green Street St McHenry, IL 60050