Fully Leased Investment Office

  SOLD September 2020 for $250,000

77 E. Crystal Lake Avenue, Crystal Lake, Illinois 60014


Documents
Building Size2,524 Square Feet
Land Size13,530 Square Feet
ZoningB4
Parking15 Private
WaterCity
SewerCity
Electric200 Amp
Year Built1985

Price reduced. Fully leased 3-unit office investment at 8.8% CAP rate. First floor tenant is a dentist with 2 short term second floor tenants. Partial basement goes with the dentist. His space has a comfortable waiting room with vaulted ceilings and a gas fireplace, (3) operatories, (2) labs, office, consult room and break room. Short term 2nd floor leases create opportunity for investor/user. New roof and skylights in 2018, new water heater. Dentist pays his own utilities, landlord pays for 2nd floor and common areas. (2) common baths. Walk to commuter train and all downtown amenities. 14-15 car paved private lot. Recent MAI appraisal at above asking price. Contact broker for rent roll and operating statement. See layout and photos. Visit Premier Commercial Realty website to see more listings.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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