74 Grand Avenue

    Fox Lake, IL 60020
    • $315,000
    • STATUS: Active
    • ON SITE: 191 days
    • MLS #: 10377848
    UPDATED: 59 min ago
    $315,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,588
      SQFT
    • $69
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1967
    County:
    Area:

    School Ratings & Info

    Description

    First time ever on the market: Solid brick, professional office building. Well located in downtown Fox Lake near shopping and transportation including the Metra commuter station. Built in 1967 and occupied by the original law firm that has been there ever since. The law firm occupies just under half of the building and would either move or lease back. The building consists of a common vestibule and foyer, plus two reception areas, numerous private offices, conference room, library and one men's bath and one women's bath. Large half acre lot with plenty of parking and great visibility on Grand Avenue. Well maintained building with a new boiler and central air. Great price at less than last appraisal in 2010. Zoned D (downtown) which allows for most office and retail uses. The building is available for sale or lease and the vacant space can easily be divided into smaller offices for less rent. The income figures are projected based on a new lease w/ law firm and other tenant

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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 2019-11-21T15:51:57.987 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/94722148

    74 Grand Avenue Fox Lake, IL 60020

    • Price: $315,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: 10377848
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    4,588
    SQFT
    $69
    $/SQFT
    1967
    Built
    Neighborhood:
    Fox Lake
    County:
    Lake
    Area:
    Fox Lake
    Property Description
    First time ever on the market: Solid brick, professional office building. Well located in downtown Fox Lake near shopping and transportation including the Metra commuter station. Built in 1967 and occupied by the original law firm that has been there ever since. The law firm occupies just under half of the building and would either move or lease back. The building consists of a common vestibule and foyer, plus two reception areas, numerous private offices, conference room, library and one men's bath and one women's bath. Large half acre lot with plenty of parking and great visibility on Grand Avenue. Well maintained building with a new boiler and central air. Great price at less than last appraisal in 2010. Zoned D (downtown) which allows for most office and retail uses. The building is available for sale or lease and the vacant space can easily be divided into smaller offices for less rent. The income figures are projected based on a new lease w/ law firm and other tenant
    Exterior Features

    Construction BrickConcrete Docks None Foundation Concrete Frontage Access State Road Location Central Business District Lot Dimensions 100 X 220 Lot Sq Ft 22000 Number Of Parking Spaces 30 Number Of TLDocks 0 Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Alarm MonitoredSmoke Or Fire Protectors Floor Finish Carpet Miscellaneous Inside Public Restroom/S Number Of Drive In Doors 0 Number Of Stories 1 Outdoor Parking 19-30 Spaces

    Property Features

    Age 36-50 Years Built Before1978 YN Yes Current Use Office And Research Electrical Service Circuit BreakersSeparate Meters Estimated Cam SF 0 Expense Year 2019 Exterior Building Type Brick Extra Storage Spaces Available YN Yes Geographic Locale Northwest Suburban Gross Rentable Area 4588 Gross Rental Income Amount 55000 Heat Ventilation GasHot Water Investment YN Yes Known Encumbrances None Known Lease Type Gross Max Avail Sq Ft Rentable 2400 Min Avail Sq Ft Rentable 400 Net Oper Income Amount 28000 Net Operating Income Year 2019 Net Rentable Area 3800 Number Of Tenants 1 Potential Use Commercial Property Offered For Sale Or Rent Rental Price 12 Seller Will Lease Back Tax Year 2018 Taxes 11205 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatWater/Sewer Total Annual Exp 20000 Total Annual Expense Source Broker Projection Total Annual Income 48000 Total Monthly Income 4580 Township Grant Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-Municipal Water Drainage Storm Sewers Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Showcase.


    © 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 2019-11-21T15:51:57.987 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