$1,800,000
Active Under Contract
62 Days Online
0 Beds0 Baths23,088 SQFT
Active Under Contract
101 N Virginia Street Crystal Lake, IL 60014
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyMchenry
- Taxes$53,921
- HOA/Condo/Coop Fees$0
- Days on Site61 Days
- MLS StatusActive Under Contract
- MLS ID Number10320242
- Home Size Source N/A
- Year Built1980
- Lot Size1.24 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 101 N Virginia Street Crystal Lake, IL 60014
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General Features
- Construction Brick
- Electric Circuit Breakers
- Number of Stories 2
- Acreage 1.24
- Property Sub Type Office
- Foundation Concrete Perimeter
- Zoning OFFIC
- Number Of Stories 2
Interior Features
- Cooling Central Air
- Flooring CarpetTile
- Utilities Electric to SiteSanitary SewerWater-Municipal
Exterior Features
- Roof Membrane
- Construction Details Brick
Community Features
- Township Nunda
- MLS Area Crystal Lake / Lakewood / Prairie Grove
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Monthly Payment (Est.)
$9,045Copyright ©2024 Information is deemed reliable but not guaranteed.