6704 Pingree Road Crystal Lake, IL ^$ 3,600,000

6704 Pingree Road

^$ 3,600,000

Back to search

6704 Pingree Road

Crystal Lake, IL, 60014

^$ 3,600,000

Studio Baths0.0 Sq 96,070

Monthly Estimate*

^$ 25,147

6704 Pingree Road, Crystal Lake, IL 60014 - Image 1

6704 Pingree Road, Crystal Lake, IL 60014 - Image 2

6704 Pingree Road, Crystal Lake, IL 60014 - Image 3

6704 Pingree Road, Crystal Lake, IL 60014 - Image 4

6704 Pingree Road, Crystal Lake, IL 60014 - Image 5

6704 Pingree Road, Crystal Lake, IL 60014 - Image 6

6704 Pingree Road, Crystal Lake, IL 60014 - Image 7

6704 Pingree Road, Crystal Lake, IL 60014 - Image 8

6704 Pingree Road, Crystal Lake, IL 60014 - Image 9

6704 Pingree Road, Crystal Lake, IL 60014 - Image 10

6704 Pingree Road, Crystal Lake, IL 60014 - Image 11

6704 Pingree Road, Crystal Lake, IL 60014 - Image 12

6704 Pingree Road, Crystal Lake, IL 60014 - Image 13

6704 Pingree Road, Crystal Lake, IL 60014 - Image 14

6704 Pingree Road, Crystal Lake, IL 60014 - Image 15

6704 Pingree Road, Crystal Lake, IL 60014 - Image 16

6704 Pingree Road, Crystal Lake, IL 60014 - Image 17

6704 Pingree Road, Crystal Lake, IL 60014 - Image 18

6704 Pingree Road, Crystal Lake, IL 60014 - Image 19

6704 Pingree Road, Crystal Lake, IL 60014 - Image 20

6704 Pingree Road, Crystal Lake, IL 60014 - Image 21

6704 Pingree Road, Crystal Lake, IL 60014 - Image 22

6704 Pingree Road, Crystal Lake, IL 60014 - Image 23

Studio

Commercial Property for sale in Crystal Lake, IL

for $3,600,000. This 96,070 square foot building was built in 1957 on a lot size of 5.6.

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. 7.96% cap rate using 5% vacancy.

Commercial Active

Price

^$ 3,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 71,165

Style

Industrial

Lot Size

5.6

Year Built

1957

Town/City

Crystal Lake

County/Region

McHenry

MLS | Web ID

11987569

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal

Possession Closing Negotiable

Roof Membrane

Zoning MANUF

Construction Materials Brick Steel Siding

Year Built 1957

Electric Circuit Breakers Over 600 Amps Power - 480V Three Phase Heavy Power 1200+ Amps

Tenant Pays Scavenger

Stories 1

Township Algonquin

Property SubType Manufacturing / Warehousing

Tax Year 2022

Current Use Industrial

Gross Income 457005

County McHenry

Net Operating Income 286700

Operating Expense 147455

Property Type Commercial Sale Industrial

Possible Use Industrial

Status Price Change

Directions NEC of Pingree and Congress Parkway

City Crystal Lake

Total Units 1

MLS Area Crystal Lake / Lakewood / Prairie Grove

Lot Size Square Feet 243936

Street Name Pingree

Tax Annual Amount 71165

Additional Parcels Y/N Y

Leasable Area 0

Days on Market 65

Lease Type Modified Gross

Standard Status Active

Interior

Flooring Concrete

Street Suffix Road

Exterior

Foundation Details Concrete Perimeter

Building Area Total 96070

Lot Dimensions IRREGULAR

Lot Size Acres 5.6

Frontage Type City Street

Exterior Steel Siding Brick Block

* Excluded Features

List By

Premier Commercial Realty

Broker

brucek@premiercommercialrealty.com

Affordability Calculator

$31,077

Per Month

Monthly Principal & Interest: $25,147
Monthly Property Taxes: $5,930
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Crystal Lake, IL

Average List Price ^$1,264,544

Percent of Sale Price 65%

About Crystal Lake, IL

39,160 Population

2% Since 2002

^$82,263 Median Income

38.88 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/23/2024	$3,600,000		Listed Price

Map

More homes like this one

homes for you

See all

6704 Pingree Road, Crystal Lake, IL, 60014 is a Commercial Property for sale at $3,600,000 with 96,070 sqft and a lot size of 5.6. 6704 Pingree Road is a studio with 0.0 baths and was built in 1957. The property's zip code is 60014 which is in Crystal Lake, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/27/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

6704 Pingree Road

Commercial Property for sale in Crystal Lake, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home