Features
: Central Air
: Carpet , Tile
: Electric to Site , Sanitary Sewer , Water-Municipal
Address Map
US
IL
McHenry
Crystal Lake
60014
VIRGINIA
101
Street
W89° 41' 1.7''
N42° 14' 28.1''
SE CORNER OF ROUTE 14 AND WOODSTOCK STREET
Crystal Lake / Lakewood / Prairie Grove
Crystal Lake / Lakewood / Prairie Grove
N
N
OFFIC
Additional Information
23088
: Brick
: Office
Circuit Breakers,Separate Meters
Circuit Breakers,Separate Meters
: Concrete Perimeter
200X280
18
18
Office and Research
1900000
2
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Premier Commercial Realty
Bruce Kaplan
Financial
53921
Listing Information
370309
37217
MRED
Listing Information
Active
2024-08-17T08:09:04Z
2024-07-07T05:05:36Z
Property Description
INVESTMENT OPPORTUNITY * 23,088 SF OFFICE BUILDING 10% CAP RATE * 12.2% PROFORMA CAP RATE Attractive multi-tenant 2-story brick corporate office building on Route 14 in Crystal Lake at signalized intersection. Anchor tenant is Chicago Title and Trust. New roof in 2017. Mature landscaping and 70 car parking. Tenants pay electric heat and outlets. Landlord pays for air conditioning. Auxiliary electric baseboard heaters throughout. 12.2 % Proforma CAP rate with 5% vacancy factor. Current 10 % CAP with 17.8% vacancy. Ask broker for confidential operating statement and rent roll.
Commercial Sale For Sale
, Crystal Lake, McHenry County, Illinois 60014, USA
- Lot Size: 1.24 Acre
$1,800,000
Listing ID#10320242
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 10320242
Price : $1,800,000
Year Built : 1980
Lot Size : 1.24 Acre
Listing Status : Active
Property Sub Type : Office
Roof
Roof : Membrane
Agent info
Contact Agent
