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100% Leased Investment

  SOLD February 2022 for $550,000

150 S. Virginia Road, Crystal Lake, Illinois 60014

Building Size10,665 Square Feet
Land Size41,727 Square Feet
Electric200 amp 3 Phase
Year Built1985

100% Leased
Multi-Tenant Investment Opportunity

PRICE REDUCED. Fully leased multi-tenant industrial building, ideal for investor or user/investor. 10,665 SF 3-unit pre-engineered steel building.

Crystal Lake Lighting has 4,345 SF and is currently below market rent month to month, but may be willing to sign a longer lease at market.
Restoration One has 2 units, 1,975 and 4,345 SF. 5 DID’s separate gas and electric meters, 14’-16’ ceilings, 45 parking spaces.

Excellent exposure on Virginia Road near Rakow Road. Ask broker for operating statement and rent roll. Assessed at $801,510.

Owner appealed taxes. Will be reduced 22% per Algonquin Township Assessor.

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

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