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Investment Opportunity

  SOLD September 2022 for $1,445,000

1301 Pyott Road, Lake in the Hills, Illinois 60156

Building Size31,699 Square Feet
Land Size2.68 Acres
Electric100 amp
Year Built1997

31,699 SF

2-story office building with lower level community room, elevator, common restrooms on each floor and some private restrooms in individual suites (see layout).

First floor has 6 office suites (fully leased) ranging from 519 SF - 3,172 SF and an available former bank space with drive thru, vault & teller counter. Ideal for another financial institution or can be reconfigured to accommodate additional offices.

Two grand staircases lead up to the second floor with 22 office suites ranging from 133 SF to 2,000 SF. The lower level has a community room, small kitchen, 2 restrooms and storage.

Current tenant mix consists of professionals, medical, counselors, attorneys, insurance, etc. The building sold for $5,000,000 in 2003. Assessed value is $2,921,770 (taxes can be reduced by approx. 1/3). New windows in 2020 ($207,078), new HVAC in 2019 ($57,900).

Individual vacant suites are being marketed separately. Contact broker for rent roll and financial information.

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

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