$1,250,000
Active Under Contract
65 Days Online
0 Beds0 Baths27,693 SQFT
Active Under Contract

6419 Lou Street Crystal Lake, IL 60014

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204 Self Storage Units-partially leased undermanaged self storage project with 6 buildings of 3500+ sf each totaling 27, 693 sq ft on 1.84 acres. Current income only $30684/yr due to lack of attentiveness. Needs a new lease-up program. Potential annual income in excess of $187, 000. Some deferred maintenance. Steel and frame construction. Algonquin Township Assessor has assessed this at $1, 763, 300 per tax bills. Unit mix: 53-5x10;60-10x10;88-10x20;2-10x30. 5 paying outdoor parking spaces. 1 leased shed. 6 multi-tenant industrial buildings also available separately for $2, 250, 000. Additional address for this property is 6210 Official Drive. Other PINS are 09-08-227-009 and 014.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyMchenry
  • Taxes$54,114
  • HOA/Condo/Coop Fees$0
  • Days on Site65 Days
  • MLS StatusActive Under Contract
  • MLS ID Number11858246
  • Home Size Source N/A
  • Year Built1977
  • Lot Size1.84 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Steel Siding
  • Number of Stories 1
  • Acreage 1.84
  • Foundation Concrete Perimeter
  • Zoning MANUF
  • Number Of Stories 1

Interior Features

  • Cooling None

Exterior Features

  • Construction Details Steel Siding

Community Features

  • Township Algonquin
  • MLS Area Crystal Lake / Lakewood / Prairie Grove

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Monthly Payment (Est.)

$6,281
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