$550,000
$625,000
12.0%For more information regarding the value of a property, please contact us for a free consultation.
10,665 SqFt
SOLD DATE : 02/24/2022
Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,665 sqft
Price per Sqft $51
MLS Listing ID 11202763
Sold Date 02/24/22
Year Built 1985
Annual Tax Amount $26,135
Tax Year 2020
Lot Size 0.960 Acres
Lot Dimensions 199X214X201X193
Property Sub-Type Industrial
Property Description
PRICE REDUCED! FULLY LEASED MULTI-TENANT INDUSTRIAL BUILDING IDEAL FOR INVESTOR OR USER/INVESTOR. 10,665 SQ FT 3-unit pre-engineered steel building. Crystal Lake Lighting has 4345 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, 1975 sf and 4345 sf . 5 DID's, separate gas and electric meters, 14-16' ceilings, 45 parking spaces. Excellent exposure on Virginia Rd near Rakow Rd. Ask for Operating Statement and rent roll. Assessed at $801,510. Owner has successfully appealed taxes and will get a 22% reduction in next bill per Algonquin Township Assessor.
Location
State IL
County Mc Henry
Area Crystal Lake / Lakewood / Prairie Grove
Zoning INDUS
Interior
Cooling Central Air, Central Individual
Flooring Carpet, Concrete, Tile, Varies
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Roof Type Metal
Building
Level or Stories 1
Structure Type Steel Siding
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Bought with Heather Schweitzer • Premier Commercial Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "