About 715 Ridgeview Drive
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.
Features of 715 Ridgeview Drive
| MLS® # | 12304870 |
|---|---|
| Price | $200,000 |
| Bathrooms | 0.00 |
| Year Built | 2003 |
| Type | Commercial Sale |
| Sub-Type | Office/Tech |
| Commercial Sub-Type | Condominium |
| Status | Active |
| Taxes | $5,207 |
Community Information
| Address | 715 Ridgeview Drive |
|---|---|
| Area | Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood |
| City | McHenry |
| County | McHenry |
| State | IL |
| Zip Code | 60050 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | No |
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Additional Information
| Days on Market | 417 |
|---|---|
| Zoning | OFFIC |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Premier Commercial Realty |
|---|