$3,300,000
Active
62 Days Online
0 Beds0 Baths96,070 SQFT
Active

6704 Pingree Road Crystal Lake, IL 60014

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MULTI-TENANT INDUSTRIAL 100% LEASED 96, 070 SF 100% leased 96, 070 SF multi-tenant building on 5.6 acres. Masonry main building with 13, 680 sf steel add on section. Three 2000 amp services, multiple drive in doors, 5 docks, ceilings vary, office areas vary. Built in 1957 with multiple additions. Upside potential by raising rents and adding separate gas and electric meters. Double capacity wet sprinklers. Partially air conditioned. Additional building site at signalized intersection that could be re-zoned and split off for commercial use. Note: Owner will lease back Unit 8 at $5 psf. Ask for rent roll and operating statement. 7.6% cap rate using 5% vacancy plus significant upside.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyMchenry
  • Taxes$61,378
  • HOA/Condo/Coop Fees$0
  • Days on Site61 Days
  • MLS StatusActive
  • MLS ID Number11987569
  • Home Size Source N/A
  • Year Built1957
  • Lot Size5.6 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BrickSteel Siding
  • Electric Circuit Breakers
  • Number of Stories 1
  • Acreage 5.6
  • Property Sub Type Warehouse
  • Foundation Concrete Perimeter
  • Zoning MANUF
  • Number Of Stories 1

Interior Features

  • Cooling Central Air
  • Flooring Concrete
  • Utilities Electric to SiteGas to SiteSanitary SewerWater-Municipal

Exterior Features

  • Roof Membrane
  • Construction Details BrickSteel Siding

Community Features

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

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Monthly Payment (Est.)

$16,583
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