$590,000

3937 & 3939 Main St McHenry, IL 60050

Estimated payment $4,734/month

Total Views 1,415
-- Bed
-- Bath
5,991 Sq Ft
$98 Price per Sq Ft

Highlights

  • Furnished
  • McHenry Community High School - Upper Campus Rated A-
  • 3-minute walk to Walsh Park

About This Home

EXCELLENT CHANCE TO OWN A GREAT INCOME AND CASH FLOWING PROPERTY IN DOWNTOWN MCHENRY! This Building Currently has 23 Efficiency Units with a Shared Bathrooms on Each Floor, One Laundry Room, Separate Building on the Property Currently Being Used as the Property Manager Building but could be used as a Separate Business.

Listing Agent

Russell Hart

RE/MAX Plaza License #475191678 Listed on: 07/30/2025

RE/MAX Plaza

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,035

Year Built

  • Built in 1895

Lot Details

  • 9,487 Sq Ft Lot
  • Lot Dimensions are 90 x 24 x 149 x 166

Home Design

  • Rooming House
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,991 Sq Ft Home
  • 2-Story Property
  • Furnished

Utilities

  • Radiant Heating System

Community Details

Overview

  • Association fees include heat, water, electricity
  • 23 Units

Building Details

  • Electric Expense $5,000
  • Fuel Expense $4,200
  • Insurance Expense $8,400
  • Maintenance Expense $3,000
  • Manager Expense $19,200
  • Other Expense $4,800
  • Trash Expense $2,880
  • Water Sewer Expense $6,000
  • Operating Expense $75,623
  • Gross Income $110,000
  • Net Operating Income $75,377

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,035

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance,Rooming House/SRO
  • Stories: 2
  • Year Built: 1895
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,No Sign on Property
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Misc Inside: Furnished Units Available
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Refrigerators: 0
  • Ranges: 0
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Wood, Cedar
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 590000

Garage/Parking

  • Outdoor Parking: 1-5 Spaces
  • Indoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Radiant

Condo/Co-op/Association

  • Manager Expense: 19200
  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: Heat, Water, Electricity
  • Trash Expense: 2880
  • Water Sewer Expenses: 6000
  • Janitor Expense: 4500

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Dimensions: 90 X 24 X 149 X 166
  • Lot Size Sq Ft: 9487
  • Zoning: COMMR

Rental Info

  • Tenant Pays: None
  • Board Number: 3

Building Info

  • BuildingAreaTotal: 5991

Multi Family

  • Net Operating Income: 75377
  • Fuel Expense: 4200
  • Insurance Expense: 8400
  • ElectricExpense: 5000
  • GrossIncome: 110000
  • Maintenance Expense: 3000
  • NumberOfUnitsTotal: 23
  • OperatingExpense: 75623
  • Type Multi-Family: Corridor-Interior Entrance,Rooming House/SRO

Tax Info

  • Tax Annual Amount: 18034.8
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $590,000 -- $98 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12434863

Midwest Real Estate Data (MRED)