970 McHenry Ave - Medical FOR SALE


Crystal Lake, IL 60014- Four Colonies East
$949,900 USD
815-236-9816
970 McHenry Ave, Crystal Lake, IL for Sale
$949,900 USD
Medical - FOR SALE
1/24
null | 9% Cap Rate

970 McHenry Ave
Crystal Lake, IL 60014
Four Colonies East


HIGHLIGHTS

  • Two-story multi-tenant office building totaling 11,010 SF on 2.25 acres with ample parking and monument signage.
  • Elevator-equipped property featuring abundant natural light, common breakroom, and a relaxing lobby fountain.
  • Direct access from parking to both levels, providing convenience for tenants and visitors.
  • Fully sprinklered building with three restrooms and utilities included in rent; tenant responsible for janitorial.

OVERVIEW

NEW LOWER PRICE. Owner/user opportunity with this unique architecture, two-story, well maintained, elevator equipped, warm and inviting architecture with lots of natural light, common breakroom, bathrooms and a relaxing fountain in the lobby. Both levels have direct access from parking lot with ample parking and monument signage on 2.25 acres. Seller currently occupies 5,500 SF and will consider leaseback or will vacate for an owner/buyer. Seller will also guarantee a negotiable portion of leasable space. LEASE AVAILABILITY: Main (lower) Level: Units LL5, LL 6, LL9: $500/mo. Unit LL12 : $1,500/mo Upper Level: Units B1, B3: $500/mo Unit B2: $1,050/mo Owner Occupied but will move out

FOR SALE DETAILS

PRICE

$949,900 USD

PRICE/SF

$86 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.25 AC

LAND SF

98,010 SF

ZONING

O, Crystal Lake

APN/PARCEL ID

19-07-451-038

ASK ABOUT THIS PROPERTY

Heather SchweitzerPremier Commercial RealtyMore Info
815-236-9816

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Heather SchweitzerPremier Commercial RealtyMore Info
815-236-9816

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.