387 Congress Parkway

    Crystal Lake, IL 60014
    • $2,050,000
    • STATUS: Active
    • ON SITE: 1342 days
    • MLS #: 09035552
    UPDATED: 234 min ago
    $2,050,000
    • 0
      BEDS
    • 3.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 30,000
      SQFT
    • $68
      $/SQFT
    Type:
    Commercial
    Built:
    1992
    County:

    School Ratings & Info

    Description

    FULLY LEASED ATTRACTIVE 30,000 SF INVESTMENT PROPERTY. 9.4% CAP. OFFICE WAREHOUSE BEHIND TARGET AND SAMS CLUB. LEASE EXPIRATIONS 2026 AND 2028. TENANTS IN PLACE SINCE 1992 AND 2012. 20' CEILINGS. THREE LOADING DOCKS. SEVEN ADDITIONAL DRIVE IN DOORS. BUILDING SITS ON 3 ACRES OF LAND. SEWER AND WATER. ANNUAL NOI: $187,615.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2019-07-21T23:50:07.033 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.tsgre.com/homes/57625756

    387 Congress Parkway Crystal Lake, IL 60014

    • Price: $2,050,000
    • Status: Active
    • Updated: 234 min ago
    • MLS #: 09035552
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.29
    Acres
    30,000
    SQFT
    $68
    $/SQFT
    1992
    Built
    Neighborhood:
    Crystal Lake / Lakewood / Prairie Grove
    County:
    McHenry
    Area:
    Crystal Lake / Lakewood / Prairie Grove
    Property Description
    FULLY LEASED ATTRACTIVE 30,000 SF INVESTMENT PROPERTY. 9.4% CAP. OFFICE WAREHOUSE BEHIND TARGET AND SAMS CLUB. LEASE EXPIRATIONS 2026 AND 2028. TENANTS IN PLACE SINCE 1992 AND 2012. 20' CEILINGS. THREE LOADING DOCKS. SEVEN ADDITIONAL DRIVE IN DOORS. BUILDING SITS ON 3 ACRES OF LAND. SEWER AND WATER. ANNUAL NOI: $187,615.
    Exterior Features

    Construction Steel Foundation Concrete Frontage Access City Street Location Commercial Business Park Lot Dimensions 278 X 481 Lot Sq Ft 143312 Number Of Parking Spaces 60 Number Of TLDocks 3

    Interior Features

    Air Conditioning Central Air Ceiling Hgt Max Ft 18 Ceiling Hgt Max In 18 Ceiling Hgt Min Ft 18 Ceiling Hgt Min In 18 Fire Protection Sprinklers-Wet Floor Finish CarpetConcrete Miscellaneous Inside Overhead Door/SPrivate Restroom/SPublic Restroom/S Number Of Drive In Doors 7 Number Of Stories 1 Outdoor Parking 51-100 Spaces

    Property Features

    Age 7-15 Years Built Before1978 YN No Clear Span YN No Current Use Commercial Electrical Service 101-200 Amps Expense Year 2017 Extra Storage Spaces Available YN No Geographic Locale Northwest Suburban Gross Rental Income Amount 242400 Heat Ventilation Ceiling UnitsForced AirGas Known Encumbrances None Known Max Avail Sq Ft Rentable 00000 Min Avail Sq Ft Rentable 00000 Net Oper Income Amount 18761 Net Operating Income Year 2017 Number Of Tenants 1 Potential Use CommercialOffice And Research Property Offered For Sale Only Seller Will Other Tax Year 2017 Taxes 40604 Tenant Pays Air ConditioningElectricHeatJanitorialWater/SewerVaries By Tenant Total Annual Exp 54785 Total Annual Expense Source Owner Projection Total Annual Income 242400 Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-MunicipalWater To Site Zoning Type Manuf

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Berkshire Hathaway Homeservices Starck Real Estate.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2019-07-21T23:50:07.033 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647