Listing Courtesy of: Bruce Kaplan - Premier Commercial Realty 847-854-2300
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101 N Virginia Street Crystal Lake, IL 60014

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Office Residence
Beds
Baths
23,088 Sq. Ft.
1.24 Acre Lot
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Last updated on 11/14/2024 12:32 PM

Listing Details

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. Continue reading
MLS#
10320242
Property Type
Office
Year Built
1980
Square Feet
23,088 sq. ft
Lot Size
1.24
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Listing Courtesy of: Bruce Kaplan - Premier Commercial Realty 847-854-2300
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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