McHenry, ND High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in McHenry, North Dakota Market population: 27K. Browse multifamily, office, retail, industrial, and mixed-use investment...
Advertisement
12 properties found
.png)
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
.png)
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For McHenry IL Properties: 4.0400%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For McHenry IL
Common questions from investors exploring commercial real estate in McHenry IL.
What is the overall investment potential of McHenry, IL, considering its demographic and economic factors?
+
McHenry, IL, with a population of 26,863 and a median age of 37.6, presents a stable investment market, given its median household income of $66,297 and a relatively low poverty rate of 6.8%, which is further bolstered by a high health insurance coverage rate of 93.1% and a diverse economy led by industries such as Information, Wholesale Trade, and Public Administration.
How does the ethnic diversity and foreign-born rate impact the demand for real estate in McHenry, IL?
+
The city's ethnic diversity, with top ethnicities including White (46.2%), White Non-Hispanic (41.3%), and Hispanic (7.6%), along with a foreign-born rate of 7.4%, suggests a culturally rich and potentially growing market, which could be attractive for investors looking to capitalize on the needs of a diverse population, especially considering the city's top industries and relatively high median property value of $188,600.
What are the implications of McHenry, IL's commute times and health insurance rates for real estate investors?
+
The average commute time of 29.9 minutes, with the majority driving alone or working from home, indicates a manageable and potentially appealing quality of life for residents, which is further enhanced by a high health insurance coverage rate of 93.1%, suggesting a stable and healthy workforce that could support rental incomes and property values over time.
How do the poverty rate and employment statistics influence the tenant quality and market stability in McHenry, IL?
+
The combination of a low poverty rate of 6.8% and an employed population of 13,080, along with a GINI coefficient of 0.414 indicating moderate income inequality, suggests a market with a strong potential for stable, employed tenants, which is beneficial for maintaining consistent rental incomes and reducing vacancy risks for investors.
What role do the median property value, property taxes, and homeownership rate play in assessing the real estate investment potential of McHenry, IL?
+
The median property value of $188,600, coupled with median property taxes of $7,609 and a homeownership rate of 73.3%, indicates a relatively stable and potentially lucrative real estate market, as these factors can influence property appreciation, rental yields, and the overall attractiveness of the area to both homeowners and renters, thereby affecting the demand and profitability for investors.
McHenry IL Real Estate & City Facts
Key facts and real estate information about McHenry IL.
What are some of the best neighborhoods to live in McHenry?
+
Some of the best neighborhoods to live in McHenry include Legend Lakes, Boone Creek, Downtown McHenry Area, Chapel Hill, and Pistakee Highlands. These neighborhoods offer a range of housing options, from affordable homes to more luxurious properties, and are known for their scenic views, convenient locations, and family-friendly atmospheres.
What are some fun things to do in McHenry?
+
There are plenty of fun things to do in McHenry, including visiting the McHenry Riverwalk, exploring the Moraine Hills State Park and McHenry Dam State Park, trying out escape rooms at Twisted Limits, and enjoying the outdoors at Stickney Run Conservation Area or Prairie Trail North. You can also catch a show at the McHenry Outdoor Theatre or take a stroll through the downtown area and visit local shops and restaurants.
What is the food scene like in McHenry?
+
The food scene in McHenry is diverse and exciting, with a range of restaurants serving everything from Italian cuisine at Bimbo's Italian Restaurant to Chinese food at Plum Garden. You can also find hip new restaurants like To Steki and Whiskey Diablo, as well as unique eateries like The Courthouse Tavern, which offers signature drinks and creative food options. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in McHenry?
+
The pros of living in McHenry include its scenic natural beauty, with plenty of parks and outdoor spaces to enjoy, as well as its convenient location and range of housing options. However, some cons include the potential for traffic and congestion in certain areas, as well as the need for more public transportation options. Additionally, some residents may find the downtown area to be a bit quiet at night, although this can also be seen as a positive for those looking for a more laid-back atmosphere.
Is McHenry a good place to live?
+
Overall, McHenry is a great place to live, offering a unique blend of natural beauty, outdoor recreation, and small-town charm. While it may have some drawbacks, such as limited public transportation options, the pros of living in McHenry far outweigh the cons. With its range of housing options, diverse food scene, and plenty of things to do, McHenry is an excellent choice for families, young professionals, and anyone looking for a relaxed and scenic place to call home.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For McHenry IL Commercial Property: $66,297
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement