77 Crystal Lake Avenue

    Crystal Lake, IL 60014
    • $314,900
    • STATUS: Active
    • ON SITE: 158 days
    • MLS #: 10168006
    Price Reduced
    UPDATED: 29 min ago
    $314,900
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,524
      SQFT
    • $125
      $/SQFT
    Type:
    Commercial
    Built:
    1985
    County:

    School Ratings & Info

    Description

    Fully leased 3-unit office investment at 8.6% CAP rate. First floor tenant is a dentist with 2 short term second floor tenants. Partial basement goes with the dentist. His space has a comfortable waiting room with vaulted ceilings and a gas fireplace, (3) operatories, (2) labs, office, consult room and break room. Short term 2nd floor leases create opportunity for investor/user. New roof and skylights in 2018, new water heater. Dentist pays his own utilities, landlord pays for 2nd floor and common areas. (2) common baths. Walk to commuter train and all downtown amenities. 14-15 car paved private lot. Recent MAI appraisal available at higher than asking. Contact broker for rent roll and operating statement. See layout and photos.

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    © 2019 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 Keller Williams Success Realty. Based on information submitted to the MRED as of 2019-06-16T16:51:10.167 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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    www.lewkepartners.com/homes/90695810

    77 Crystal Lake Avenue Crystal Lake, IL 60014

    • Price: $314,900
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 10168006
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    2,524
    SQFT
    $125
    $/SQFT
    1985
    Built
    Neighborhood:
    Crystal Lake / Lakewood / Prairie Grove
    County:
    McHenry
    Area:
    Crystal Lake / Lakewood / Prairie Grove
    Property Description
    Fully leased 3-unit office investment at 8.6% CAP rate. First floor tenant is a dentist with 2 short term second floor tenants. Partial basement goes with the dentist. His space has a comfortable waiting room with vaulted ceilings and a gas fireplace, (3) operatories, (2) labs, office, consult room and break room. Short term 2nd floor leases create opportunity for investor/user. New roof and skylights in 2018, new water heater. Dentist pays his own utilities, landlord pays for 2nd floor and common areas. (2) common baths. Walk to commuter train and all downtown amenities. 14-15 car paved private lot. Recent MAI appraisal available at higher than asking. Contact broker for rent roll and operating statement. See layout and photos.
    Exterior Features

    Construction Wood Frame Foundation Concrete Frontage Access City Street Location Central Business District Lot Dimensions 82X165 Lot Sq Ft 13530 Number Of Parking Spaces 14 Number Of TLDocks 0 Roof Coverings Shingle Composition Roof Structure Pitched

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/S Floor Finish CarpetTileVaries Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/SMulti-TenantPrivate Restroom/SBasement Number Of Drive In Doors 0 Number Of Stories 1.5 Outdoor Parking 13-18 SpacesLightedOpenPavedPrivate Lot

    Property Features

    Age 26-35 Years Built Before1978 YN No Current Use Office And Research Electrical Service Circuit Breakers Expense Year 2018 Exterior Building Type Frame Extra Storage Spaces Available YN No Geographic Locale Northwest Suburban Gross Rental Income Amount 49728 Heat Ventilation Forced AirGas Investment YN Yes Known Encumbrances None Known Max Avail Sq Ft Rentable 0 Min Avail Sq Ft Rentable 0 Miscellaneous Outside Handicapped AccessSecurity Lighting Net Oper Income Amount 27088 Net Operating Income Year 2018 Number Of Tenants 3 Possession ClosingTenant's Rights Potential Use Office And Research Property Offered For Sale Only Sale Terms Conventional Tax Year 2018 Taxes 10541 Tenant Pays Other Total Annual Exp 20154 Total Annual Expense Source Actual Total Annual Income 49728 Total Monthly Income 4144 Township Algonquin Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-Municipal Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Premier Commercial Realty.


    © 2019 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 Keller Williams Success Realty. Based on information submitted to the MRED as of 2019-06-16T16:51:10.167 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
     
    Keller Williams Success Realty
    43 E Crystal Lake Ave
    Crystal Lake IL, 60014