$1,750,000
$1,995,000
12.3%For more information regarding the value of a property, please contact us for a free consultation.
17,228 SqFt
SOLD DATE : 04/08/2022
Key Details
Sold Price $1,750,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 17,228 sqft
Price per Sqft $101
MLS Listing ID 11256442
Sold Date 04/08/22
Year Built 2005
Annual Tax Amount $53,580
Tax Year 2020
Lot Dimensions 363 X 281
Property Sub-Type Retail/Stores
Property Description
INVESTMENT OPPORTUNITY STRIP CENTER Neighborhood strip center on busy Route 176. 6 current tenants plus 2 vacant units, currently being marketed by broker. Proforma CAP Rate of 9%. Bank owned. Recent MAI appraisal on file at $2,090,000 as-is. Ask broker for rent roll and operating statement.
Location
State IL
County Mc Henry
Area Crystal Lake / Lakewood / Prairie Grove
Zoning COMMR
Interior
Cooling Central Air, Central Individual
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Roof Type Membrane
Building
Level or Stories 1
Structure Type Brick
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Paul Proano • Coldwell Banker Commercial NRT
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "