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101 N VIRGINIA Street Crystal Lake, IL $ 1,999,000
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$ 1,999,000 Get more info
101 N VIRGINIA Street
$ 1,999,000
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101 N VIRGINIA Street

Crystal Lake, IL, 60014
$ 1,999,000
Baths0.0 Sq 23,088

Monthly Estimate*

$ 13,964

101 N VIRGINIA Street, Crystal Lake, IL 60014 - Image 1
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101 N VIRGINIA Street, Crystal Lake, IL 60014 - Image 7
101 N VIRGINIA Street, Crystal Lake, IL 60014 - Image 8
101 N VIRGINIA Street, Crystal Lake, IL 60014 - Image 9
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101 N VIRGINIA Street, Crystal Lake, IL 60014 - Image 20
Studio

Commercial Property for sale in Crystal Lake, IL

for $1,999,000. This 23,088 square foot building was built in 1980 on a lot size of 1.24.

INVESTMENT OPPORTUNITY * 23,088 SF OFFICE BUILDING 8.2% CAP RATE * 10.9% 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. 10.9 % Proforma CAP rate with 5% vacancy factor. Current 8.2 % CAP with 18% vacancy. Ask broker for confidential operating statement and rent roll.

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Commercial Active

Price

$ 1,999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 50,773

Style

Office

Lot Size

1.24

Year Built

1980

Town/City

Crystal Lake

County/Region

McHenry

MLS | Web ID

10320242
Features
General
Cooling Central Air
Utilities Electric to Site Sanitary Sewer Water-Municipal
Possession Negotiable Tenant's Rights
Roof Membrane
Zoning OFFIC
Construction Materials Brick
Year Built 1980
Electric Circuit Breakers Separate Meters
Tenant Pays Electricity
Stories 2
Township Nunda
Property SubType Office
Tax Year 2022
Current Use Office
Gross Income 0
County McHenry
Net Operating Income 214168
Operating Expense 95633
Property Type Commercial Sale Office/Tech
Possible Use Office and Research
Status Active
Directions SE CORNER OF ROUTE 14 AND WOODSTOCK STREET
City Crystal Lake
Total Units 18
MLS Area Crystal Lake / Lakewood / Prairie Grove
Lot Size Square Feet 53840
Street Name VIRGINIA
Tax Annual Amount 50773
Additional Parcels Y/N N
Leasable Area 0
Virtual Tour https://linkprotect.cudasvc.com/url?a=https%3a%2f%2fmy.matterport.com%2fshow%2f%3fm%3dHzUspPkW8eB&c=E 1 wzDdQm2SEUNPH_BgZjie-fCYd68mAUzyo_EUwdwOoD8dIq0kuTExe1adRTVJBIcZOyIQU6Zwmp-0khSO3wpNCkwCVlXA_ZE
Days on Market 1833
Standard Status Active
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Interior
Flooring Carpet Tile
Street Suffix Street
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 23088
Lot Dimensions 200X280
Lot Size Acres 1.24
Frontage Type City Street State Road
Exterior Brick
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* Excluded Features
List By
Premier Commercial Realty

Broker

brucek@premiercommercialrealty.com

Email

Affordability Calculator

$18,195
Per Month
77%
23%
0%
Monthly Principal & Interest
$13,964
Monthly Property Taxes
$4,231
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/6/2019$0 Listed Price

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101 N VIRGINIA Street, Crystal Lake, IL, 60014 is a Commercial Property for sale at $1,999,000 with 23,088 sqft and a lot size of 1.24. 101 N VIRGINIA Street is a studio with 0.0 baths and was built in 1980. The property's zip code is 60014 which is in Crystal Lake, IL

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