Crystal Lake, IL 60014,436-438 W Virginia ST
Crystal Lake, IL 60014,436-438 W Virginia ST
Crystal Lake, IL 60014,436-438 W Virginia ST
11
$225,000
$259,000
13.1%
Est.Price: ?

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3,506 SqFt

436-438 W Virginia ST Crystal Lake, IL 60014

Est. payment /mo
SOLD DATE : 08/03/2023

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Key Details

Sold Price $225,000

Property Type Commercial

Sub Type Office/Tech

Listing Status Sold

Purchase Type For Sale

Square Footage 3,506 sqft

Price per Sqft $64

MLS Listing ID 10635811

Year Built 1946

Annual Tax Amount $10,660

Tax Year 2018

Property Sub-Type Office/Tech

Property Description

FOR SALE OR LEASE- TWO (2) UNIT MULTI-TENANT COMMERCIAL BUILDING WITH PRIME NORTHWEST HIGHWAY FRONTAGE IN CRYSTAL LAKE. IDEAL FOR SINGLE TENANT OCCUPANCY, END USER/INVESTOR, OR INVESTOR. PROJECTED 14% CASH ON CASH RETURN WHEN BOTH UNITS LEASED AT AVERAGE LEASE RATE OF $12.50 SF GROSS. TOTAL OF 3,506 SF FOR SINGLE TENANT OCCUPANCY OR CURRENTLY DEMISED INTO 1,352 SF (436 VIRGINIA) & 2,154 SF (438 VIRGINIA). SEPARATELY METERED FOR UTILITIES. BRAND NEW FIRESTONE RUBBER MEMBRANE ROOF & ROOFTOP HVAC (UNIT 436). BASEMENT IN EACH UNIT FOR EXTRA STORAGE. WALL SIGNAGE FOR PROMINENT HIGHWAY EXPOSURE. STREET PARKING IN FRONT, ACROSS THE STREET, WITH ADDITIONAL EMPLOYEE PARKING IN REAR PRIVATE LOT. ZONED B2 ALLOWING MOST RETAIL, OFFICE, AND BUSINESS SERVICE USES.

Location

State IL

County Mc Henry

Area Crystal Lake / Lakewood / Prairie Grove

Zoning COMMR

Interior

Cooling Central Air

Flooring Carpet, Concrete, Varies

Exterior

Utilities Available Natural Gas Available, Sewer Connected

Roof Type Reflective Coating

Building

Water Municipal Water

Structure Type Brick,Block,Stucco

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Midwest Real Estate Data (MRED) IDX
Listed by Timothy Billimack of  Blue Chip Commercial Real Estate 
Bought with Timothy Billimack of Blue Chip Commercial Real Estate

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Dennis & Karen

Dennis & Karen

Agent

+1(219) 213-3346

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