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150 Virginia Road

Crystal Lake, IL 60014
  • $625,000
  • STATUS: Active
  • ON SITE: 151 Days
  • MLS #: 11202763
$625,000
  • 0
    BEDS
  • 0.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1985
County:

School Ratings & Info

Description

PRICE REDUCED! FULLY LEASED MULTI-TENANT INDUSTRIAL BUILDING IDEAL FOR INVESTOR OR USER/INVESTOR. 10,665 SQ FT 3-unit pre-engineered steel building. Crystal Lake Lighting has 4345 sf and is currently below market rent month to month but may be willing to sign a longer lease at market. Restoration One has 2 units, 1975 sf and 4345 sf . 5 DID's, separate gas and electric meters, 14-16' ceilings, 45 parking spaces. Excellent exposure on Virginia Rd near Rakow Rd. Ask for Operating Statement and rent roll. Assessed at $801,510. Owner has successfully appealed taxes and will get a 22% reduction in next bill per Algonquin Township Assessor.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-25T23:58:17.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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150 Virginia Road Crystal Lake, IL 60014

  • Price: $625,000
  • Status: Active
  • On Site: 151 Days
  • MLS #: 11202763
0
Beds
0
Baths
0
½ Baths
0.96
Acres
1985
Built
Neighborhood:
Crystal Lake / Lakewood / Prairie Grove
County:
McHenry
Area:
Crystal Lake / Lakewood / Prairie Grove
Property Description
PRICE REDUCED! FULLY LEASED MULTI-TENANT INDUSTRIAL BUILDING IDEAL FOR INVESTOR OR USER/INVESTOR. 10,665 SQ FT 3-unit pre-engineered steel building. Crystal Lake Lighting has 4345 sf and is currently below market rent month to month but may be willing to sign a longer lease at market. Restoration One has 2 units, 1975 sf and 4345 sf . 5 DID's, separate gas and electric meters, 14-16' ceilings, 45 parking spaces. Excellent exposure on Virginia Rd near Rakow Rd. Ask for Operating Statement and rent roll. Assessed at $801,510. Owner has successfully appealed taxes and will get a 22% reduction in next bill per Algonquin Township Assessor.
Exterior Features

Docks None Exterior Building Type Steel SidingBrick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 31-50 SpacesLightedOpenPavedPrivate Lot Parking Total 45 Roof Metal Roof Structure Metal DeckingPitched

Interior Features

Cooling Central AirCentral Individual Flooring CarpetConcreteTileVaries Heat Ventilation Forced AirGas Miscellaneous Inside Private Restroom/SStorage Inside Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 10665 Built Before1978 YN No Current Use CommercialOther Electric Circuit BreakersSeparate MetersService - 101 To 200 AmpsThree Phase Fire Protection Fire Extinguisher/S Geographic Locale Northwest Suburban Gross Income 64806 Gross Scheduled Income 54806 Leasable Area 1975 Location Industrial Area/Campus Mls Actual Status Re-Activated Net Operating Income 25719 Number Of Tenants 2 Operating Expense 0 Ownership Types Individual Possible Use IndustrialOffice And Research Property Offered For Sale Only Rental Price 0 Seller Needs Lease Or Rent Tax Annual Amount 26135 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeatScavengerSewer Total Monthly Income 5400 Township Algonquin Type Industrial Utilities Electric To SiteGas To SiteSanitary SewerWater-Municipal Zoning Indus

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Premier Commercial Realty.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-25T23:58:17.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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