Crystal Lake, IL 60014,436-438 W Virginia Street
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Crystal Lake, IL 60014,436-438 W Virginia Street
Crystal Lake, IL 60014,436-438 W Virginia Street
Crystal Lake, IL 60014,436-438 W Virginia Street
Crystal Lake, IL 60014,436-438 W Virginia Street
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436-438 W Virginia Street Crystal Lake, IL 60014

5,624 SqFt


UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 5,624 sqft

Price per Sqft $47

MLS Listing ID 10635811

Year Built 1946

Annual Tax Amount $10,660

Tax Year 2018

Lot Dimensions 38 X 148

Property Sub-Type Office/Tech

Property Description

FOR SALE OR LEASE- TWO (2) UNIT MULTI-TENANT COMMERCIAL BUILDING WITH PRIME NORTHWEST HIGHWAY FRONTAGE IN CRYSTAL LAKE. IDEAL FOR SINGLE TENANT OCCUPANCY, END USER/INVESTOR, OR INVESTOR. PROJECTED 14% CASH ON CASH RETURN WHEN BOTH UNITS LEASED AT AVERAGE LEASE RATE OF $12.50 SF GROSS. TOTAL OF 3,506 SF FOR SINGLE TENANT OCCUPANCY OR CURRENTLY DEMISED INTO 1,352 SF (436 VIRGINIA) & 2,154 SF (438 VIRGINIA). SEPARATELY METERED FOR UTILITIES. BRAND NEW FIRESTONE RUBBER MEMBRANE ROOF & ROOFTOP HVAC (UNIT 436). BASEMENT IN EACH UNIT FOR EXTRA STORAGE. WALL SIGNAGE FOR PROMINENT HIGHWAY EXPOSURE. STREET PARKING IN FRONT, ACROSS THE STREET, WITH ADDITIONAL EMPLOYEE PARKING IN REAR PRIVATE LOT. ZONED B2 ALLOWING MOST RETAIL, OFFICE, AND BUSINESS SERVICE USES.

Location

State IL

County Mc Henry

Area Crystal Lake / Lakewood / Prairie Grove

Zoning COMMR

Multi-Unit Info

Existing Lease Term Gross

Interior

Heating Forced Air, Gas

Cooling Central Air

Flooring Carpet, Concrete, Varies

Exterior

Garage Spaces 6.0

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal

Roof Type Reflective Coating

Total Parking Spaces 6

Building

Dwelling Type Office/Tech

Story 1

Foundation Concrete Perimeter

Architectural Style Office/Tech

Structure Type Brick,Stucco

Others

Senior Community No

Tax ID 1906284013

Miscellaneous Multi-Tenant,Private Restroom/s,Storage Inside,Basement


Midwest Real Estate Data (MRED)
Listed by Blue Chip Commercial Real Estate, LLC
agent

Samuel Stella

Designated Managing Broker / Owner | License ID: 471.021016

+1(224) 426-4652

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436-438 W Virginia Street