Courtesy of Premier Commercial Realty

101 N VIRGINIA Street

Crystal Lake, IL, 60014

$2,200,000

$95 per ft²
$2,200,000
$95 per ft²
Active
Active
 - For Sale
carpenters-square
23,088 ft²
property_type
Commercial
calendar
Built 1980
INVESTMENT OPPORTUNITY * 23,088 SF OFFICE BUILDING 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. 9.4 % Proforma CAP rate with 5% vacancy factor. Current 9.15% cap with only 8% vacant (3 small units on the 2nd floor). Ask broker for confidential operating statement and rent roll. Seller is a licensed real estate broker.
MLS® ID:
10320242
Listed:
3/25/19
Updated:
3/24/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Carpet, Tile
Cooling
Central Air

Exterior/Building Features

Lot Size
1.24 acres lot
Roof
Membrane

Other Property Details

Area Name
Crystal Lake / Lakewood / Prairie Grove
Taxes
$48586
Tax Frequency
per YEAR
Garage
No
Parking
70
Parking Total
70.0
View
N
County
Mc Henry
Utilities
Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Pool
No
Total Stories
2
Zoning
OFFIC
Buyer Agency Compensation
2.5%

Property History

Date
Event
Price
Value
3/28/22
Price Change
$2,200,000
107%

Courtesy of Premier Commercial Realty, Bruce Kaplan,
Listing Contact:  

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Data last updated 12:01 AM UTC, 3/24/23

 

 

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