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$525,000

  • For Sale
  • Active
  • Commercial
  • 3,120 Sq. Ft.
  • Updated 10 days ago
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Prime Mixed-Use Building in Downtown McHenry - Ideal Investment Opportunity! Located in the heart of Downtown McHenry on sought-after Green Street, this remodeled (2020) mixed-use building offers an excellent investment opportunity with strong cash flow potential. Just steps from Riverwalk festivities, restaurants, and shops, this property is perfectly positioned for both residential and commercial tenants. The first-floor commercial space features new mechanicals, electrical, and a new roof, providing a modern and updated space for businesses. Owner willing to lease first floor commercial space! The second-floor residential unit is a spacious 1,600 sq. ft. apartment with 2 bedrooms and 1 bath, offering comfortable living with a huge backyard. Residential lease up in June, option to go month-to-month. With low maintenance costs and great income potential, this property is perfect for investors or owner-occupants looking to generate passive income. Don't miss this chance to own a prime mixed-use property in a thriving location!

Full Property Details for 1224 N Green St

General

  • Price: $525,000
  • Taxes: $8,231 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12481715
  • Updated: 1/7/2026
  • Added to Site: 115 day(s) ago

Rental Information

  • Lease Terms: MONTH TO MONTH OPTIONAL

Additional Information

  • Security/Safety: Other

Location

  • Area: Holiday Hills / Johnsburg / McHenry / Lakemoor /
  • County: McHenry
  • Township: McHenry
  • Driving Directions: Rt 31 E to Green St r to property on 1224 left
  • Location Details: Northwest Suburban

Heating & Cooling

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

Utilities

  • Trash: 35

Structural Information

  • Construction: Block
  • Exterior Const.: Block
  • Foundation: Block, Concrete Perimeter
  • Stories/Levels: 2
  • Square Feet: 3,120
  • Current Bldg. Use: Commercial
  • # of Stores: 1
  • Year Built: 1910
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 1

Lot Features

  • Lot Size (Sq. Ft.): 4,373
  • Lot Dimensions: 33 x 132 x 33 x 132
  • Frontage: City Street
  • Potential Use: Commercial
  • Zoning: COMMR

Financial Considerations

  • Insurance Fee: $1,000
  • Security Deposit: Other
  • Assessment Year: 1910
  • Tax Amount: $8,231
  • Tax Year: 2023
  • Tenant Pays: Varies by Tenant
  • Pays Electric: 100
  • Pays Trash: 35

Disclosures and Reports

  • Property ID: 926455008

Listed by Keller Williams North Shore West

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— 1224 N Green St —

  • Keller Williams North Shore West

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1224 N Green St

School Districts:McHenry Community Consolidated School District 15, McHenry Community High School District 156
NameGradesDistance
Edgebrook Elementary School, McHenry, IL
701 North Green Street, McHenry, IL 60050
K-30.5 mi
Chauncey H Duker School
3711 Kane Avenue, McHenry, IL 60050
4-50.6 mi
Mchenry Middle School
2120 West Lincoln Road, McHenry, IL 60051
6-81.5 mi
Mchenry East High School
1012 North Green Street, McHenry, IL 60050
9-120.2 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 1224 N Green St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/26/2025
Listed
$525,000
31.25%
MLS
8/25/2023
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1224 N Green St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,413
2%
$99,456
12%
2023
$8,231
100%
$89,102
65%
2022
-100%
$54,043
7%
2021
$4,924
—
$50,329
4%
2021
$4,924
4%
$48,231
5%
2019
$4,723
-11%
$45,799
-1%
2018
$5,318
3%
$46,404
7%
2017
$5,141
3%
$43,551
7%
2016
$5,005
1%
$40,702
7%
2015
$4,970
-2%
$37,897
-2%
2014
$5,054
3%
$38,726
-3%
2013
$4,930
3%
$40,072
-8%
2012
$4,790
—
$43,532
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1224 N Green Street, McHenry, IL 60050 (MLS# 12481715) is a Commercial property. 1224 N Green Street is currently listed for $525,000 and was received on September 26, 2025. Want to learn more about 1224 N Green 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.

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