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USAILCrystal Lake101 N Virginia St
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101 N Virginia St, CRYSTAL LAKE, IL

Real Estate

Sold

Listed price in listed location currency (USD).
$1,675,000
$1,800,000

000

MLS® 10320242

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $53,921
Approx. Age 1980
MLS® Number 10320242

Property Address: 101 N Virginia St, CRYSTAL LAKE, IL, 60014-3426

Average square foot calculated using Size range provided by listing agent.

Description

INVESTMENT OPPORTUNITY * 23, 088 SF OFFICE BUILDING 10% CAP RATE * 12.2% PROFORMA CAP RATE 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 electric heat and outlets. Landlord pays for air conditioning. Auxiliary electric baseboard heaters throughout. 12.2 % Proforma CAP rate with 5% vacancy factor. Current 10 % CAP with 17.8% vacancy. Ask broker for confidential operating statement and rent roll.
MLS® Number10320242
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1980
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Sep 26, 2024End Date
$1,675,000Sold Price

Sold

Mar 26, 2019List Date
$1,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
101 N Virginia St, CRYSTAL LAKE, IL

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