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      • IL
      McHenry
      Crystal Lake
      60014
      101 N VIRGINIA Street
      101 N VIRGINIA Street, Crystal Lake, IL 60014
      Listing Type
      commercial/industrial
      Listing Status
      contingent
      11
      $1,800,000

      Home Details for 101 N VIRGINIA Street

      Price
      $1,800,000
      Type
      Commercial Sale
      Bedrooms
      0
      Bathrooms
      0.0
      Square feet
      NaN
      Year built
      1980
      Lot size acres
      1.24
      County
      McHenry
      Garage
      Days on site
      2018
      MLS Listing#
      10320242
      Listing courtesy: Premier Commercial Realty - 847-854-2300
      Property 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.

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      Property Features
      • Utilities
        • Electric to Site
        • Sanitary Sewer
        • Water-Municipal
      • Cooling Information
        • Central Air
      Midwest Real Estate Data logoProperties are provided courtesy of the MLS of Northern Illinois, Inc. Broker Reciprocity Database. Information Deemed Reliable but Not Guaranteed.
      Based on information submitted to the MRED as of last update. 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.
      Last Updated: 2024-09-26 11:14:02
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      EXIT REALTY REDEFINED
      1275 E. Butterfield Rd Suite 200, Wheaton, IL 60189
      Roger Jenisch
      Broker of Record
      Office
      630 480 4555
      Agent
      773 682 8771
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