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912 Northwest Highway , #202

Fox River Grove, IL 60021
  • $139,900
  • STATUS: Active
  • ON SITE: 479 Days
  • MLS #: 11237336
Price Reduced
$139,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2004
County:

School Ratings & Info

Description

OFFICE CONDO * POTENTIAL INVESTMENT OPPORTUNITY PRICE REDUCED Suite 202 is a medical office condominium with 1,315 occupied SF and 1,699 rentable SF. This second floor space is leased currently to an affiliate of the Advocate Health Group. The lease expires 2/28/23. The custom floor plan features a waiting area, an admin/reception area, 3 exam rooms, a processing lab, a private office, storage room, break room and ADA bathroom. This modern, all brick 51,248 SF 2-story primarily medical building on US Route 14 (Northwest Highway) is ideally situated within a few miles of Good Shepherd Hospital. Located near the intersection with US Route 22, IDOT has measured the traffic count to be 22,100 vehicles per day. The property enjoys more than ample parking and has multiple points of ingress and egress. Potential Investment opportunity based on an NNN lease rate of $14 psf and the reduced asking price of $139,900 the projected CAP rate is 17%.

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© 2023 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 2023-01-26T23:57:39.74 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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912 Northwest Highway , #202 Fox River Grove, IL 60021

  • Price: $139,900
  • Status: Active
  • On Site: 479 Days
  • MLS #: 11237336
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2004
Built
Neighborhood:
Fox River Grove
County:
McHenry
Area:
Fox River Grove
Property Description
OFFICE CONDO * POTENTIAL INVESTMENT OPPORTUNITY PRICE REDUCED Suite 202 is a medical office condominium with 1,315 occupied SF and 1,699 rentable SF. This second floor space is leased currently to an affiliate of the Advocate Health Group. The lease expires 2/28/23. The custom floor plan features a waiting area, an admin/reception area, 3 exam rooms, a processing lab, a private office, storage room, break room and ADA bathroom. This modern, all brick 51,248 SF 2-story primarily medical building on US Route 14 (Northwest Highway) is ideally situated within a few miles of Good Shepherd Hospital. Located near the intersection with US Route 22, IDOT has measured the traffic count to be 22,100 vehicles per day. The property enjoys more than ample parking and has multiple points of ingress and egress. Potential Investment opportunity based on an NNN lease rate of $14 psf and the reduced asking price of $139,900 the projected CAP rate is 17%.
Exterior Features

Exterior Building Type Brick Frontage Type County Road Outdoor Parking Over 100 Spaces

Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat Miscellaneous Inside Elevator/S PassengerMulti-TenantPrivate Restroom/SPublic Restroom/S Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 16-25 Years Building Area Total 51248 Built Before1978 YN No Electric Circuit Breakers Fire Protection Sprinklers-Wet Geographic Locale Northwest Suburban Gross Income 0 Gross Scheduled Income 0 Leasable Area 0 Mls Actual Status Active Net Operating Income 0 Operating Expense 0 Ownership Types Land Trust Property Offered For Sale Or Rent Rental Price 14 Tax Annual Amount 4203 Tax Year 2021 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceOperating StopsTaxesInsuranceScavengerTax Stops Township Algonquin Type Office/Tech Zoning Offic

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Premier Commercial Realty: 847-854-2300.


© 2023 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 2023-01-26T23:57:39.74 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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