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    101 N Virginia Street

    Crystal Lake, IL 60014
    • $2,149,000
    • STATUS: Active
    • ON SITE: 748 days
    • MLS #: 10320242
    UPDATED: 16 min ago
    $2,149,000
    • 0
      BEDS
    • 1.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 23,088
      SQFT
    • $93
      $/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. 9.4 % 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-13T20:53:22.547 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: $2,149,000
    • Status: Active
    • Updated: 16 min ago
    • MLS #: 10320242
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.24
    Acres
    23,088
    SQFT
    $93
    $/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. 9.4 % CAP rate with 5% vacancy factor. Ask broker for confidential operating statement and rent roll.
    Exterior Features

    Construction Materials Brick Foundation Details Concrete Perimeter Frontage Type City StreetState Road Location CornerMixed Use Area Miscellaneous Outside Handicapped AccessSecurity Lighting Number Of Drive In Doors 0 Number Of TLDocks 0 Outdoor Parking 51-100 SpacesLightedOpenPavedPrivate Lot Parking Total 70 Roof Membrane Roof Structure Flat

    Interior Features

    Cooling Central Air Electric Circuit BreakersSeparate Meters Fire Protection Alarm Monitored Flooring CarpetTile Heat Ventilation Electric Leasable Area 0 Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/SMulti-TenantPrivate Restroom/S

    Property Features

    Additional Parcels YN No Built Before1978 YN No Cap Rate 9.4 Current Use Office Expense Year 2019 Exterior Building Type Brick Extra Storage Spaces Available YN No Geographic Locale Northwest Suburban Gross Income 286180 Gross Scheduled Income 302212 Investment YN Yes Known Encumbrances First Mortgage Lot Size Dimensions 200X280 Min Avail Sq Ft Rentable 0 Net Operating Income Year 2019 Number Of Tenants 17 Operating Expense 88532 Possible Use Office And Research Property Offered For Sale Only Tax Annual Amount 46398 Tax Year 2019 Tenant Pays Electricity Total Monthly Income 23848 Unincorporated YN No Utilities Electric To SiteGas To SiteSanitary SewerWater-Municipal Water Drainage Storm Sewers 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-13T20:53:22.547 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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    St John IN, 46373