3937-3939 Main St

For Sale

3937-3939 Main St, Mchenry, IL 60050

Off Main st, west of rt 31MULTIFAMILY INVESTMENT OPPORTUNITY 5,991 SF 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. Being sold "as-is"

Building Details

  • For Sale $539,000
  • Property Type Multi-Family
  • Property Size 5,991 SF
  • Units 23
  • Lot Size 0.22 Acre
  • Additional Rent Price on request
  • Year Built 1895
  • Date Updated Sep 18, 2026
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Contacts

Bruce Kaplan

Premier Commercial Realty

Location

  • City Mchenry, IL
  • Neighborhood McHenry
  • Zip Code 60050
  • Market Chicago
  • Walk score 79/100 Very Walkable
  • Bike score 69/100 Bikeable
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Points of Interest

Fox Lake

6.07 miles

Crystal Lake

7.20 miles

Pingree Road

7.66 miles

Woodstock

9.00 miles

Cary

9.44 miles

Citgo

0.33 miles

Marathon

0.46 miles

Shell

0.84 miles

Mobil

0.86 miles

Meijer

1.07 miles

Murphy USA

1.74 miles

Tesla Supercharger

5.60 miles

ChargePoint

5.76 miles

McHenry County Prairie Trail trailhead @ Petersen Park

1.08 miles

@ Petersen Park Beach

1.28 miles

Northern Woods

2.65 miles

Opossum Trail

2.74 miles

Lake Defiance

2.76 miles

Hickory Ridge

3.24 miles

Pine Hills

3.25 miles

Oak Opening

3.27 miles

Kettle Woods

3.29 miles

Whitetail Prairie

3.32 miles

Clean N' Shine Car Wash

0.11 miles

Fast Eddie's

1.09 miles

BP

1.47 miles

Woodman's Car Wash

5.63 miles

Tidal Wave Auto Spa

8.36 miles

Enterprise

8.39 miles

Bubbles & Suds

8.40 miles

Wauconda Car Wash & Detail Center

8.43 miles

Trio Touchless

8.73 miles

Matt's Car Wash

9.32 miles

Plum Garden

0.04 miles

Main Street Cafe

0.04 miles

Main Street Station

0.05 miles

El Gordo

0.08 miles

Taco Bell

0.21 miles

Papa John's

0.21 miles

Tommy's Red Hots

0.23 miles

New China

0.24 miles

Alex's

0.27 miles

IHOP

0.35 miles

Jewel-Osco

0.38 miles

Angelo's Fresh Market

0.48 miles

La Huerta Super Market

0.68 miles

Nature's Cornucopia

0.72 miles

American Freight

0.75 miles

Meijer

1.17 miles

ALDI

1.22 miles

Kohl's

1.32 miles

Ross

1.65 miles

TJ Maxx

1.75 miles

Walgreens

0.04 miles

CVS Pharmacy

0.12 miles

McHenry Township Fire Protection District Station 1

0.39 miles

Fresenius Medical Care

0.42 miles

Northwestern Medicine Immediate Care

1.38 miles

McHenry VA Clinic

1.47 miles

Northwestern Medicine McHenry Hospital

1.76 miles

McHenry Township Fire Protection District Station 4

2.41 miles

McHenry Township Fire Protection District Station 5

2.95 miles

McHenry Township Fire Protection District Station 3

3.24 miles

Listing Summary

  • Property Financials

    3937-3939 Main St is currently listed for sale at $539,000 for a price per square foot of $89.97.

  • Property Details

    3937-3939 Main St totals 5,991 square feet of Multi-Family space on a lot spanning 0.22 acres. The property was initially built in 1895.

  • Area Characteristics

    3937-3939 Main St is located in the McHenry neighborhood.

    In terms of ease of commuting, the area has a walk score of 79, indicating that it is very walkable.

Contact Bruce Kaplan
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