For Sale
For Sale
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Year Built
1900
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Total Building Size
8,400 RSF
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Overview
DRASTIC PRICE REDUCTION FOR THIS INVESTMENT DOWNTOWN MCHENRY. 2 STRY BRICK BLDG. W/ 1 LARGE APT UPSTAIRS AND A 2000 SF RESTAURANT "MAIN STREET CAFE" W/ APPROX. 13 TABLES & BOOTHS, 8-9 PERSON COUNTER, FULL KITCHEN. & BOTH UNITS ARE RNTED. $30600 CURRENT YRLY INCOME. THIS IS A BANK OWNED PROPERTY. PARKING IN FRONT OR IN MUNICIPAL LOT. GREAT LOCATION ON MAIN, 1/2 BLOCK FROM TRAIN STATION. CHARMING!! POTENTIAL BASEMENT UNIT COULD MAKE AN ADDIT. $6000 A YEAR. CHECK IT OUT!! BETTER THAN A 10% CAP RATE. BSMNT. UNIT CANNOT BE AN APT, BUT COULD BE AN OFFICE OR "MAN CAVE". COOL!!! 3-4 OLD BUILDINGS ON MAIN ST HAVE JUST RECENTLY BEEN REHABBED.
Property Details
DRASTIC PRICE REDUCTION FOR THIS INVESTMENT DOWNTOWN MCHENRY. 2 STRY BRICK BLDG. W/ 1 LARGE APT UPSTAIRS AND A 2000 SF RESTAURANT "MAIN STREET CAFE" W/ APPROX. 13 TABLES & BOOTHS, 8-9 PERSON COUNTER, FULL KITCHEN. & BOTH UNITS ARE RNTED. $30600 CURRENT YRLY INCOME. THIS IS A BANK OWNED PROPERTY. PARKING IN FRONT OR IN MUNICIPAL LOT. GREAT LOCATION ON MAIN, 1/2 BLOCK FROM TRAIN STATION. CHARMING!! POTENTIAL BASEMENT UNIT COULD MAKE AN ADDIT. $6000 A YEAR. CHECK IT OUT!! BETTER THAN A 10% CAP RATE. BSMNT. UNIT CANNOT BE AN APT, BUT COULD BE AN OFFICE OR "MAN CAVE". COOL!!! 3-4 OLD BUILDINGS ON MAIN ST HAVE JUST RECENTLY BEEN REHABBED.
- Property TypeRetail
- Submarket
- Year Built1900
- Sale Price$180,000
- Total Building Size8,400RSF
- Total Acres0.1
- Zoningcommercial
- Property ID2036446