Description
INVESTMENT OPPORTUNITY * 23,088 SF OFFICE BUILDING Price Reduced 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 heat and electric. Landlord pays for air conditioning. 10 % Proforma CAP rate with 5% vacancy factor. But no management fee. Ask broker for confidential operating statement and rent roll.
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0BEDS
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1.24ACRES
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0BATHS
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01/2 BATHS
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23,088SQFT
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$95$/SQFT
School Ratings & Info
Description
INVESTMENT OPPORTUNITY * 23,088 SF OFFICE BUILDING Price Reduced 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 heat and electric. Landlord pays for air conditioning. 10 % Proforma CAP rate with 5% vacancy factor. But no management fee. Ask broker for confidential operating statement and rent roll.
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