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    1402 Riverside Drive

    Mchenry, IL 60050
    • $725,000
    • STATUS: Active
    • ON SITE: 38 days
    • MLS #: 10817531
    UPDATED: 43 min ago
    $725,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,695
      SQFT
    • $108
      $/SQFT

    School Ratings & Info

    Description

    Iconic incoming producing property on the Fox River in Historic Downtown McHenry is now available for purchase. We believe the possibilities and upside potential for this property is substantial. As currently configured the building features a Bar & Restaurant on the Main Level. A large, newer outdoor patio overlooking the Fox River which adds value and will become a favorite spot for locals and potentially boaters. 2nd Level, currently contains 7 separate offices, along with 2 separate bathrooms. The East facing offices offer stunning views of the beautiful Fox River. The lower level boasts retail space currently occupied by a Barber Shop and a Wine Store. Potential redevelopment opportunity -City of McHenry is open to a number of different of ideas. The nature of a number of the leases provides the new owner great flexibility going forward. NDA required for further information. CHECK OUT VIRTUAL TOUR!

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-09-21T06:53:24.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1402 Riverside Drive Mchenry, IL 60050

    • Price: $725,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 10817531
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,695
    SQFT
    $108
    $/SQFT
    1903
    Built
    Neighborhood:
    Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom La
    County:
    McHenry
    Area:
    Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom La
    Property Description
    Iconic incoming producing property on the Fox River in Historic Downtown McHenry is now available for purchase. We believe the possibilities and upside potential for this property is substantial. As currently configured the building features a Bar & Restaurant on the Main Level. A large, newer outdoor patio overlooking the Fox River which adds value and will become a favorite spot for locals and potentially boaters. 2nd Level, currently contains 7 separate offices, along with 2 separate bathrooms. The East facing offices offer stunning views of the beautiful Fox River. The lower level boasts retail space currently occupied by a Barber Shop and a Wine Store. Potential redevelopment opportunity -City of McHenry is open to a number of different of ideas. The nature of a number of the leases provides the new owner great flexibility going forward. NDA required for further information. CHECK OUT VIRTUAL TOUR!
    Exterior Features

    Construction Concrete BlockStone Docks None Foundation BlockStone Lot Dimensions 47 X 107 Lot Sq Ft 6098 Number Of Parking Spaces 10 Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/S Miscellaneous Inside Handicapped AccessStorage InsideBasement Number Of Apts 1 Number Of Offices 7 Number Of Stores 3 Number Of Stories 2 Outdoor Parking Open

    Property Features

    Age Older Built Before1978 YN Yes Current Use Commercial Electric Expense Source Owner Projection Electrical Service Circuit Breakers Electricity Expense 0 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Northwest Suburban Gross Rental Income Amount 0 Heat Ventilation Forced AirGas Insurance Expense 0 Insurance Expense Source Owner Projection Miscellaneous Outside PatioSun Deck Number Of Tenants 6 Other Expense Source Owner Projection Other Expenses 0 Owners Assoc YN No Potential Use CommercialCondominiumResidential-Multi-FamilyRetail Rental Price 0 Tax Year 2018 Taxes 17329 Tenant Pays Varies By Tenant Total Annual Income 0 Total Monthly Income 0 Water Expense 0 Water Expense Source Owner Projection Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Baird & Warner.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-09-21T06:53:24.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647