240 Commerce Dr | Crystal Lake, IL 60014
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- LoopNet Team
240 Commerce Dr
Crystal Lake, IL 60014
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Affluent Demographics: Average household income within a 2-mile radius is $113,727. Population within a 10-mile radius of 325,564.
- Located within proximity to major healthcare centers, such as Centegra Memorial Medical Center, and Northwestern Medicine Huntley Hospital.
- Annual Rent Escalations: Both tenants feature 3% annual rent escalations, improving the yield profile over the hold period.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
11,084 SF
Building Class
B
Year Built
1980
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,084 SF
Building FAR
0.25
Lot Size
1.03 AC
Zoning
O; Crystal Lake - Retail/Office - Tenant to confirm all zoning, restrictions, and ordinances
Parking
50 Spaces (4.51 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Kitchen
- Reception
- Storage Space
- Central Heating
- Natural Light
- Partitioned Offices
- Recessed Lighting
- Wi-Fi
- Outdoor Seating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 14-32-178-002 | Improvements Assessment | $339,895 |
| Land Assessment | $56,077 | Total Assessment | $395,972 |
PROPERTY TAXES
Parcel Number
14-32-178-002
Land Assessment
$56,077
Improvements Assessment
$339,895
Total Assessment
$395,972
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