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101 N Virginia Street

Crystal Lake, IL 60014
  • $2,049,000
  • STATUS: Active
  • ON SITE: 942 Days
  • MLS #: 10320242
UPDATED: 55 min ago
$2,049,000
  • 0
    BEDS
  • 1.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,088
    SQFT
  • $89
    $/SQFT
Type:
Commercial
Built:
1980
County:

School Ratings & Info

Description

INVESTMENT OPPORTUNITY * 23,088 SF OFFICE BUILDING Price Reduced 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 heat and electric. Landlord pays for air conditioning. 9.8 % proforma CAP rate with 5% vacancy factor. Ask broker for confidential operating statement and rent roll.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-24T14:00:24.58 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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101 N Virginia Street Crystal Lake, IL 60014

  • Price: $2,049,000
  • Status: Active
  • Updated: 55 min ago
  • MLS #: 10320242
0
Beds
0
Baths
0
½ Baths
1.24
Acres
23,088
SQFT
$89
$/SQFT
1980
Built
Neighborhood:
Crystal Lake / Lakewood / Prairie Grove
County:
McHenry
Area:
Crystal Lake / Lakewood / Prairie Grove
Property Description
INVESTMENT OPPORTUNITY * 23,088 SF OFFICE BUILDING Price Reduced 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 heat and electric. Landlord pays for air conditioning. 9.8 % proforma CAP rate with 5% vacancy factor. Ask broker for confidential operating statement and rent roll.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City StreetState Road Outdoor Parking 51-100 SpacesLightedOpenPavedPrivate Lot Parking Total 70 Roof Membrane Roof Structure Flat Water Drainage Storm Sewers

Interior Features

Cooling Central Air Flooring CarpetTile Heat Ventilation Electric Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/SMulti-TenantPrivate Restroom/S Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 23088 Built Before1978 YN No Current Use Office Electric Circuit BreakersSeparate Meters Fire Protection Alarm Monitored Geographic Locale Northwest Suburban Gross Income 289968 Gross Scheduled Income 305932 Leasable Area 0 Location CornerMixed Use Area Net Operating Income 201600 Number Of Tenants 17 Operating Expense 89902 Ownership Types Land Trust Possible Use Office And Research Property Offered For Sale Only Property Sub Type Office Seller Needs Lease Or Rent Tax Annual Amount 47768 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 24158 Township Nunda Type Office/Tech Utilities Electric To SiteGas To SiteSanitary SewerWater-Municipal Zoning Offic

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Premier Commercial Realty.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-24T14:00:24.58 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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4112C Fieldstone Road
Champaign IL, 61822