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      • IL
      McHenry
      Crystal Lake
      60014
      101 N VIRGINIA Street
      101 N VIRGINIA Street, Crystal Lake, IL 60014
      Listing Type
      Commercial/Industrial
      Listing Status
      Off Market
      0
      $1,800,000

      Home Details for 101 N VIRGINIA Street

      Price
      $1,800,000
      Type
      Commercial Sale
      Bedrooms
      0
      Bathrooms
      0.0
      Square feet
      23088
      Year built
      1980
      Lot size acres
      1.24
      County
      McHenry
      Garage
      Days on site
      2142
      MLS Listing#
      10320242
      Listing courtesy: Premier Commercial Realty - 847-854-2300
      Property Description

      INVESTMENT OPPORTUNITY * 23,088 SF OFFICE BUILDING 10% CAP RATE * 12.2% PROFORMA CAP RATE 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 electric heat and outlets. Landlord pays for air conditioning. Auxiliary electric baseboard heaters throughout. 12.2 % Proforma CAP rate with 5% vacancy factor. Current 10 % CAP with 17.8% vacancy. Ask broker for confidential operating statement and rent roll.

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      Property Features
      • Utilities
        • Electric to Site
        • Sanitary Sewer
        • Water-Municipal
      • Cooling Information
        • Central Air
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      Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-01-31 08:14:29. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
      Last Updated: 2025-01-31 08:14:29
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      Market statistics compiled from data from Midwest Real Estate Data.
      EXIT REAL ESTATE SPECIALISTS
      2750-2752 Caton Farm Rd, Joliet, IL 60435
      Eddie Ruettiger
      License #: 471022127
      Franchisee
      Office
      815 457 7575
      Agent
      815 823 5478
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