Multi-Tenant Industrial Investment
$3,600,000
6704 Pingree Road, Crystal Lake, Illinois 60014
| Building Size | 96,070 Square Feet |
| Land Size | 5.6 Acres |
| Zoning | M |
| Parking | +100 |
| Water | city |
| Sewer | city |
| Electric | (3) 2000 amp services, 480V, 3 Phase |
| Year Built | 1957 |
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. 7.96% cap rate using 5% vacancy.
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Office Phone: (847) 854-2300 ext. 20Mobile: (847) 507-1759
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Office Phone: (847) 854-2300 ext. 18Mobile: (312) 671-3600
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.