Courtesy of: Blue Chip Commercial Real Estate, LLC
Purchase Type: Sale
MLS ID: MRD11044146
Year Build: 1956
Property Type: Office Tech
New Construction: No
Swimming Pool: No
Address: 6207-6209 Northwest Highway
County: Mc Henry
City: Crystal Lake
Neighborhood: Crystal Lake / Lakewood / Prairie Grove
Property Taxes: $13,677
Tax Year: 2019
High Profile Commercial Building for Sale / Lease along Crystal Lake's primary retail corridor. Price has just been reduced to $319,000. Two (2) unit commercial building consisting of 4,000 SF. Ideal 0pportunity for retail or office users/investors. Lease the available 2,000 SF unit and receive additional income from the leased unit. Existing State Farm tenant's lease expires in 8/21 (may want to stay). Potential to occupy the entire 4,000 SF building by late summer. Units are separately metered for gas & electric. New rubber membrane roof was installed in 2015. Each unit has a 10' x 10' drive in door. Projected Cash on Cash return of 20% with both units leased at $14 SF gross.
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