Investment opportunity! Ideal for end user, investment, office, or professional Services. Plenty of parking in front and rear of building. 2 of 3 units fully leased through 2026. 1,871 SF vacant on main level. Entire basement (8,032 SF) available for lease - 1,773 SF of garage space.
INDUSTRIAL FLEX CONDO 1,652 SF Unit 118: 1,652 SF masonry industrial flex condo with 1,000 SF office with electric baseboard heat, kitchenette and one bathroom. 600 SF warehouse space with triple basin drains, 10x10 DID, common truck dock located directly behind the unit. Note: Current tenant is month to month, paying $1,400/mo. gross and has built out an office and conference room (500 SF) which can be removed if buyer needs warehouse expanded. (see layout) ML zoning has some limitations. Check table of permitted uses. $225/mo. association dues.
Amazing property on 3 acres! This historic building is currently zoned A-1 and is used as a religious institution and schooling. Already built out with many rooms and a large kitchen. More than enough space for gatherings both inside and out. There are many potential great uses for this property. Rarely available in this great location!
Great opportunity in the heart of downtown Crystal Lake on prime high visibility corner at Crystal Lake Avenue and Williams Street. A classic Victorian currently utilized as a multi-unit office building. Many potential uses including retail or office on first floor and living space on second floor or convert this attractive property back to a single-family residence. Building includes spacious walk-up attic ready for build-out to create additional living or office space. Natural hardwood floors, original wood panel doors and custom woodwork throughout. Full basement, separate boilers for each floor that provide comfortable hot water radiant heat. Separate central A/C units for each floor. Newer roof, separate meters for utilities. Off street parking for 12 vehicles. Property includes turn of the century carriage barn for workshop, storage or garage. All just steps away to restaurants, performing arts theatre, retail shops, night life, farmers market and Metra station. See the many possibilities this property offers. Owner is family member of listing broker.
End Unit Professional or Medical Office (build out required) Suite E: 2,056 SF located in Crystal Lake's desirable Northwest Professional Center, this beautiful condo end unit has three walls of windows. Can be built out to accommodate any professional or medical uses. Convenient parking located directly adjacent unit. Tenant improvement allowance negotiable for qualified tenant.
FULL ACCESS CORNER. GREAT LOCATION ON BUSY ROUTE 176. BUILDING IS 1260 SQFT. MULTIPLE PIN NUMBERS 15-19-330-001 ZONED B-1 AND 15-19-330-019 ZONED R-1. 15-19-332-003 Zoned R-1 GREAT FOR DRIVE-THRU RESTAURANT. ROOF APPROX 5 YEARS OLD.
FREE STANDING HIGH END OFFICE/SHOWROOM INDUSTRIAL BUILDING Price reduced on this 9,750 SF steel building on .92 AC with ample parking. The 3,000 SF office consists of a reception area, 4 offices, a large conference room, smaller meeting room, kitchenette and 2 bathrooms. Most of the furniture can be included. The 6,750 SF showroom/warehouse is climate controlled with a lounge area, new epoxy floors, five overhead doors, a bathroom and storage room. Ideal for manufacturing uses with high end office and showroom needs. Recent Building Updates: * New office with raised ceiling height and fresh paint * New carpet and LVT flooring throughout the office * High end conference room * Large kitchenette * Updated lighting throughout the building * Epoxy floors in showroom/warehouse. * 5 new overhead drive-in doors (varying sizes)
For sale or lease. This automotive property is a great opportunity for an owner user. Occupy one or more of the 4 units and lease the rest to offset or cover most of your mortgage! Currently owner occupied with one tenant in place and the other two units being used for storage. Unit 1 is approximately 3680 sf and features 4 bays with four 12' x 12' overhead doors, a shop office, reception area and waiting room, two bathrooms, led lighting and a 24' x 26' mezzanine above the office - can be leased for 5597/mo. Unit 2 is approximately 2240 sf and features room for up to 5 lifts, one 12' x 12' overhead door, one 10' x 12' overhead door, 1 bathroom, 2 offices and a reception area - can be leased for 2800/mo. Unit 3 is approximately 1760 sf and features room for up to 4 lifts, one 10' x 12' overhead door, one 12' x 12' overhead door and one bathroom - can be leased for 2200/mo. Unit 4 is approximately 1920 sf, tenant occupied and features two 12' x 12' overhead doors. There are trench drains and unit heaters in all units. Each unit also has ventilation to the outside in the ceiling. Gas and electric is separately metered. The shop equipment is not included in the sale/lease price but could be available separately.
MULTI-TENANT INDUSTRIAL 100% LEASED 96,070 SF 100% leased 96,070 SF multi-tenant building on 5.6 acres. Masonry main building with 13,680 sf steel add on section. Three 2000 amp services, multiple drive in doors, 5 docks, ceilings vary, office areas vary. Built in 1957 with multiple additions. Upside potential by raising rents and adding separate gas and electric meters. Double capacity wet sprinklers. Partially air conditioned. Additional building site at signalized intersection that could be re-zoned and split off for commercial use. Note: Owner will lease back Unit 8 at $5 psf. Ask for rent roll and operating statement. 7.4% cap rate using 5% vacancy plus significant upside.
USER / INVESTOR 6 BUILDINGS PORTFOLIO / 16 UNITS INDUSTRIAL BUILDINGS 16 Industrial rental units in 6 separate pole buildings, some rented, some not. 39,498 SF total. (Rent rolls available upon request). Ideal for user/investor at $58 psf. Existing tenants are flexible - some may be willing to extend leases. 12-16' ceilings, 2.59 acres total. 16 drive in doors, M-PUD zoning. Multiple addresses and multiple PINs. Ask broker for financials and rent rolls.
204 Self Storage Units-partially leased undermanaged self storage project with 6 buildings of 3500+ sf each totaling 27,693 sq ft on 1.84 acres. Current income only $30684/yr due to lack of attentiveness. Needs a new lease-up program. Potential annual income in excess of $187,000. Some deferred maintenance. Steel and frame construction. Algonquin Township Assessor has assessed this at $1,763,300 per tax bills. Unit mix: 53-5x10;60-10x10;88-10x20;2-10x30. 5 paying outdoor parking spaces. 1 leased shed. 6 multi-tenant industrial buildings also available separately for $2,250,000. Additional address for this property is 6210 Official Drive. Other PINS are 09-08-227-009 and 014.
For sale or lease: 2,617 SF free standing office building near downtown Crystal Lake and Veterans Acres Park and walking distance from the Train Station. Large reception area, waiting area, cubicle/bullpen area, 4 private offices (one with private full bath) and 2 additional bathrooms. Lots of windows providing tons of natural light throughout. Walkout level with 2 professional conference rooms, each with its own private entrance. Additional storage in the basement. Furnace /utility room sprinklered. In addition to being located at a signalized intersection, the lot has private parking, beautiful landscaping and monument signage facing Route 176. Ideal for attorneys, counselors, insurance, real estate, accounting, or many other professional businesses. OWNER WILL CONSIDER FINANCING FOR QUALIFIED BUYER.
Free Standing All Brick Commercial Building Situated on Virginia Road. Investment Opportunity. 5 year lease in place commencing February 1st 2023. Mixed Use Neighborhood with National & Reputable Retailers/Restaurants Nearby. Rear Employee Parking Lot 16 Spaces. Includes Private Offices, Reception Area, Open work Space, Kitchenette. Affluent Population with Average Household Income Exceeding $101,978 Within 2 Mile Radius
High Profile Commercial Building Situated Along Northwest Highway. Mixed Use Neighborhood with National & Reputable Independent Restaurants Nearby. Rear Employee Parking Lot. Rear Service Door. Affluent Population with Average Household Income Exceeding $96,000 Within 3 Mile Radius
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 and 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.
Crystal Lake is located in Illinois. Crystal Lake, Illinois has a population of 40,331. Crystal Lake is more family-centric than the surrounding county with 39.51% of the households containing married families with children. The county average for households married with children is 37.26%.
The median household income in Crystal Lake, Illinois is $83,746. The median household income for the surrounding county is $82,230 compared to the national median of $57,652. The median age of people living in Crystal Lake is 38.9 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 11.9 degrees. The average rainfall is approximately 37 inches per year, with 35.5 inches of snow per year.