IL
McHenry
Crystal Lake
60014
101 N VIRGINIA Street
101 N VIRGINIA Street, Crystal Lake, IL 60014
Listing Type
commercial/industrial
Listing Status
active
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
1935
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: 2024-07-11 05:12:54
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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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