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Casey Voris
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(847) 934-1153
Direct Office:
(815) 482-8200
kcv@mc.net
IL Lic # 475.098690
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SOLD
$225,000
Date 08/03/2023

436-438 W Virginia Street
Crystal Lake, IL 60014

Business Opportunities
Residence
Courtesy: Blue Chip Commercial Real Estate

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

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.

Property Details

10635811
Business Opportunities, Other
Mc Henry
1946
Brick,Stucco
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Courtesy: Blue Chip Commercial Real Estate
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/25/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Casey Voris

330 W. Virginia St., Crystal Lake, IL 60014 | Phone: (815) 482-8200 | Email: kcv@mc.net

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