O'Neil Property Group

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$539,000
80 Days On Site

3937 & 3939 Main Street
McHenry, IL 60050

For Sale|Multi Family|Active Under Contract
0
Beds
0
Total Baths
5,991
SqFt
$90
/SqFt
1895
Built
County:
McHenry
Listing Courtesy of MRED as distributed by MLS Grid of Premier Commercial Realty
3937 & 3939 Main Street3937 & 3939 Main Street3937 & 3939 Main Street3937 & 3939 Main Street
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23 single residence occupancy units in 2 story vintage downtown McHenry building with 20 units leased (87% occupancy). Units rented week to week or month to month. Laundry room. Separate 400 sf leasing/management office could be converted to apartment, store or office and further monetized. Close to commuter train and downtown restaurants. Potential for redevelopment or creative re-use. City in process of establishing TIF district and plans area capital improvements. Priced below local Assessor valuation. Management in place. Ask for rent roll and operating statement. 12.6% actual cap rate. This is an older Class C SRO building that needs work and is priced accordingly.

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Listing Snapshot
PriceΒ 
$539,000
Days On SiteΒ 
80 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
5,991 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
0.22 Acres
Year BuiltΒ 
1895
MLS NumberΒ 
12737348
StatusΒ 
Active Under Contract
Property TaxΒ 
$17,597
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 weeks agoStatus changed to Active Under Contract
3 months agoListing first seen on site
General Features
AcresΒ 
0.22
Additional Property UseΒ 
Multi-Family
FoundationΒ 
Concrete Perimeter
Lease TermΒ 
Month To Month
Property Sub TypeΒ 
Multi Family
SqFt TotalΒ 
5991
UtilitiesΒ 
Sewer Connected
Water SourceΒ 
Public
ZoningΒ 
COMMR
Interior Features
BasementΒ 
Unfinished
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Exterior Features
Construction DetailsΒ 
BrickCedar
Community Features
MLS AreaΒ 
Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
TownshipΒ 
McHenry
Listing Courtesy of MRED as distributed by MLS Grid of Premier Commercial Realty



Based on information submitted to the MLS GRID as of 2026-11-08 12:47 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last checked: 2026-11-08 12:47 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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