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707 Ridgeview Dr - Units 707 , 711-713, 715 1,584 - 4,846 SF Office Condo Units Offered at $279,124 - $662,919 CAD Per Unit in McHenry, IL 60050



Executive Summary
UNIT 707: 2,635 SF professional office condo in the Capital Court Commons. 6 private offices, large conference room, break room/kitchenette, reception, walk through storage, utility room and two bathrooms. Lots of natural light. Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital. LEASE: $15/psf Modified Gross. Owner pays taxes and tenant responsible for utilities and association dues. Adjacent condo also available for sale or lease. Unit 711 / 713: 4,846 SF beautifully built out office condo with high end finishes and ceiling fans throughout. The 3,168 SF main level includes 4 private offices, conference room (or 5th office), full kitchen, 3 bathrooms (1 w/shower), large utility/storage room and large open clerical. Lots of natural light. The lower ±1,678 SF level consists of a large 31’ x 25’ conference room, kitchenette, bathroom, utility room, and a 16’ x 20’ storage room or possible office. LEASE: $15/psf Modified Gross. Owner pays taxes and tenant responsible for utilities and association dues. UNIT 715: 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.
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3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | APN/Parcel ID | 04-03-380-014 |
| No. Parking Spaces | 20 |
| Sale Type | Owner User |
| No. Parking Spaces | 20 |
| APN/Parcel ID | 04-03-380-014 |
For Sale or Lease
UNIT 707: 2,635 SF professional office condo in the Capital Court Commons.
6 private offices, large conference room, break room/kitchenette, reception, walk through storage, utility room and two bathrooms. Lots of natural light.
Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital.
LEASE: $15/psf Modified Gross. Owner pays taxes and tenant responsible for utilities and association dues.
Adjacent condo also available for sale or lease.
For Sale or Lease
UNIT 707: 2,635 SF professional office condo in the Capital Court Commons.
6 private offices, large conference room, break room/kitchenette, reception, walk through storage, utility room and two bathrooms. Lots of natural light.
Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital.
LEASE: $15/psf Modified Gross. Owner pays taxes and tenant responsible for utilities and association dues.
Adjacent condo also available for sale or lease.
| Sale Type | Owner User | APN/Parcel ID | 14-03-380-014 |
| No. Parking Spaces | 10 |
| Sale Type | Owner User |
| No. Parking Spaces | 10 |
| APN/Parcel ID | 14-03-380-014 |
4,846 SF 2-Story
For Sale or Lease
Unit 711 / 713: 4,846 SF beautifully built out office condo with high end finishes and ceiling fans throughout. The 3,168 SF main level includes 4 private offices, conference room (or 5th office), full kitchen, 3 bathrooms (1 w/shower), large utility/storage room and large open clerical. Lots of natural light.
The lower ±1,678 SF level consists of a large 31’ x 25’ conference room, kitchenette, bathroom, utility room, and a 16’ x 20’ storage room or possible office.
Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital.
LEASE: $15/psf Modified Gross. Owner pays taxes and tenant responsible for utilities and association dues.
Adjacent condo also available for sale or lease.
4,846 SF 2-Story
For Sale or Lease
Unit 711 / 713: 4,846 SF beautifully built out office condo with high end finishes and ceiling fans throughout. The 3,168 SF main level includes 4 private offices, conference room (or 5th office), full kitchen, 3 bathrooms (1 w/shower), large utility/storage room and large open clerical. Lots of natural light.
The lower ±1,678 SF level consists of a large 31’ x 25’ conference room, kitchenette, bathroom, utility room, and a 16’ x 20’ storage room or possible office.
Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital.
LEASE: $15/psf Modified Gross. Owner pays taxes and tenant responsible for utilities and association dues.
Adjacent condo also available for sale or lease.
| Sale Type | Investment | APN/Parcel ID | 14-03-380-015 |
| Cap Rate | 9.70% |
| Sale Type | Investment |
| Cap Rate | 9.70% |
| APN/Parcel ID | 14-03-380-015 |
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.
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 707 | 2,635 SF | Office | $334,949 CAD ($127.12 CAD/SF) | - |
| Unit 711/713 | 4,846 SF | Office | $662,919 CAD ($136.80 CAD/SF) | - |
| Unit 715 | 1,584 SF | Office | $279,124 CAD ($176.21 CAD/SF) | $27,075.03 CAD |
Unit 707
| Unit Size |
| 2,635 SF |
| Condo Use |
| Office |
| Price |
| $334,949 CAD ($127.12 CAD/SF) |
| NOI |
| - |
Unit 711/713
| Unit Size |
| 4,846 SF |
| Condo Use |
| Office |
| Price |
| $662,919 CAD ($136.80 CAD/SF) |
| NOI |
| - |
Unit 715
| Unit Size |
| 1,584 SF |
| Condo Use |
| Office |
| Price |
| $279,124 CAD ($176.21 CAD/SF) |
| NOI |
| $27,075.03 CAD |
Unit 707
| Unit Size | 2,635 SF |
| Condo Use | Office |
| Price | $334,949 CAD ($127.12 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| No. Parking Spaces | 20 |
| APN/Parcel ID | 04-03-380-014 |
| Description | |
| Office Condo <br> For Sale or Lease<br> <br> <br> UNIT 707: 2,635 SF professional office condo in the Capital Court Commons.<br> <br> 6 private offices, large conference room, break room/kitchenette, reception, walk through storage, utility room and two bathrooms. Lots of natural light.<br> <br> Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital.<br> <br> LEASE: $15/psf Modified Gross. Owner pays taxes and tenant responsible for utilities and association dues.<br> <br> Adjacent condo also available for sale or lease.</li></ul> | |
| Sale Notes | |
| Office Condo <br> For Sale or Lease<br> <br> <br> UNIT 707: 2,635 SF professional office condo in the Capital Court Commons.<br> <br> 6 private offices, large conference room, break room/kitchenette, reception, walk through storage, utility room and two bathrooms. Lots of natural light.<br> <br> Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital.<br> <br> LEASE: $15/psf Modified Gross. Owner pays taxes and tenant responsible for utilities and association dues.<br> <br> Adjacent condo also available for sale or lease.</li></ul> |
Unit 711/713
| Unit Size | 4,846 SF |
| Condo Use | Office |
| Price | $662,919 CAD ($136.80 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| No. Parking Spaces | 10 |
| APN/Parcel ID | 14-03-380-014 |
| Description | |
| Upscale Office Condo <br> 4,846 SF 2-Story<br> For Sale or Lease<br> <br> <br> Unit 711 / 713: 4,846 SF beautifully built out office condo with high end finishes and ceiling fans throughout. The 3,168 SF main level includes 4 private offices, conference room (or 5th office), full kitchen, 3 bathrooms (1 w/shower), large utility/storage room and large open clerical. Lots of natural light.<br> <br> The lower ±1,678 SF level consists of a large 31’ x 25’ conference room, kitchenette, bathroom, utility room, and a 16’ x 20’ storage room or possible office.<br> <br> Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital.<br> <br> LEASE: $15/psf Modified Gross. Owner pays taxes and tenant responsible for utilities and association dues. <br> <br> Adjacent condo also available for sale or lease.</li></ul> | |
| Sale Notes | |
| Upscale Office Condo <br> 4,846 SF 2-Story<br> For Sale or Lease<br> <br> <br> Unit 711 / 713: 4,846 SF beautifully built out office condo with high end finishes and ceiling fans throughout. The 3,168 SF main level includes 4 private offices, conference room (or 5th office), full kitchen, 3 bathrooms (1 w/shower), large utility/storage room and large open clerical. Lots of natural light.<br> <br> The lower ±1,678 SF level consists of a large 31’ x 25’ conference room, kitchenette, bathroom, utility room, and a 16’ x 20’ storage room or possible office.<br> <br> Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital.<br> <br> LEASE: $15/psf Modified Gross. Owner pays taxes and tenant responsible for utilities and association dues. <br> <br> Adjacent condo also available for sale or lease.</li></ul> |
Unit 715
| Unit Size | 1,584 SF |
| Condo Use | Office |
| Price | $279,124 CAD ($176.21 CAD/SF) |
| NOI | $27,075.03 CAD |
| Sale Type | Investment |
| Cap Rate | 9.70% |
| APN/Parcel ID | 14-03-380-015 |
| Description | |
| UNIT 715: Fully leased 1,584 SF professional office condo with 208 SF of additional storage in the Capital Court Commons.<br> <br> 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.<br> <br> 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.<br> <br> Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital.<br> <br> Adjacent condo also available for sale. Note: Photos taken prior to Tenant occupancy.</li></ul> | |
| Sale Notes | |
| UNIT 715: Fully leased 1,584 SF professional office condo with 208 SF of additional storage in the Capital Court Commons.<br> <br> 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.<br> <br> 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.<br> <br> Common parking in front and rear of building. Located near Northwestern Medicine McHenry Hospital.<br> <br> Adjacent condo also available for sale. Note: Photos taken prior to Tenant occupancy.</li></ul> |
Property Facts
| Total Building Size | 47,106 SF | Typical Floor Size | 23,553 SF |
| Property Type | Flex | Year Built | 2003 |
| Building Class | B | Lot Size | 3.52 AC |
| Floors | 2 | Parking Ratio | 3.12/1,000 SF |
| Zoning | BP | ||
| Total Building Size | 47,106 SF |
| Property Type | Flex |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 23,553 SF |
| Year Built | 2003 |
| Lot Size | 3.52 AC |
| Parking Ratio | 3.12/1,000 SF |
| Zoning | BP |
Amenities
- 24 Hour Access
Utilities
- Water - City
- Sewer - City
- Heating - Gas
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707 Ridgeview Dr - Units 707 , 711-713, 715
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