TotalCommercial.com
Improved Property

Multi-Tenant Industrial Investment

6704 Pingree Road, Crystal Lake, Illinois 60014

Sold: $2,000,000
$20.82 / SF
Updated Sep 30, 2026
Categories Dock High

About this property

MULTI-TENANT INDUSTRIAL

100% LEASED

PRICE REDUCED

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.

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
96,070 sqft
Land Size
5.6 acres
Sewer
city
Water
city
Zoning
M
Electric
(3) 2000 amp services, 480V, 3 Phase
Year Built
1957
Parking
+100

Documents 1 file

Brochure-6704-Pingree.pdf 10.6 MB

Last updated: Sep 30, 2026

Location

Address
6704 Pingree Road
Crystal Lake, Illinois 60014
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.