$3,300,000
( $34.35Per Sq Foot )
$17,715 forsale estimated payment Sourced by Back At You6704 Pingree Road , Crystal Lake, IL 60014
Crystal Lake, IL 60014
Description
MULTI-TENANT INDUSTRIAL 100% LEASED 96,070 SF 100% leased 96,070 SF multi-tenant building on 5.6 acres. Masonry main building with 13,680 sf steel add on section. Three 2000 amp services, multiple drive in doors, 5 docks, ceilings vary, office areas vary. Built in 1957 with multiple additions. Upside potential by raising rents and adding separate gas and electric meters. Double capacity wet sprinklers. Partially air conditioned. Additional building site at signalized intersection that could be re-zoned and split off for commercial use. Note: Owner will lease back Unit 8 at $5 psf. Ask for rent roll and operating statement. 7.6% cap rate using 5% vacancy plus significant upside.
Details
| Mls | 11987569 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Subtype | Resale |
| Status | Active Under Contract |
| Year | 1957 |
| Days On Site | 296 |
| Listing Provided By | Premier Commercial Realty | Bruce Kaplan |
Features
| Sq Feet | 96,070 |
|---|---|
| Storys | 1 |
| Units | 1 |
| Zoning | MANUF |
| Acreage | 5.60 |
Market Activity 60014
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Learn More About This Property
| State | IL |
|---|---|
| County | McHenry |
| City | Crystal Lake |
| Zip Code | 60014 |
| Area | Crystal Lake | Lakewood | Prairie Grove |
| Listing VS Median (in 60014) | |
Price: $3,300,000 low | high Med: $359,900 SqFt: 96,070 low | high Med: 2,376 $ / SqFt: $34 low | high Med: $151 On Site: 296 low | high Med: 31.000000 | |
Listing Updated: December 13, 2024 at 6:08:54 PM PST