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$1,900,000
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101 N Virginia Street Crystal Lake, IL 60014
Office
Residence
Beds
Baths
...
Bed/Bath
23,088
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
INVESTMENT OPPORTUNITY * 23,088 SF OFFICE BUILDING 8.7% CAP RATE * 11.5% 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 an...d 70 car parking. Tenants pay electric heat and outlets. Landlord pays for air conditioning. Auxiliary electric baseboard heaters throughout. 11.5 % Proforma CAP rate with 5% vacancy factor. Current 8.7 % CAP with 22.5% vacancy. Ask broker for confidential operating statement and rent roll.
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MLS#
10320242
Property Type
Office
Year Built
1980
Square Feet
23,088
sq. ft
Lot Size
1.24
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