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314/316 Van Buren St
Crystal Lake, IL 60014
Northern Illinois Recovery Center Duplex · Health Care Property For Sale
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1 Bed
Investment Highlights
- Highly Sought Product Type – Healthcare service tenants are highly sought after by investors to withstand economic downturns
- Fresh 10-Year Lease – Tenant will be signing a fresh 10-year lease at close of escrow
- Duplex for Housing Patients – Buyer will be purchasing a duplex leased by NIRC
- Extremely Passive Lease Structure – New owner will gain the benefit of acquiring a lease where the tenant is responsible for all expenses
- Above Market Rental Increases – Lease will provide 3% annual increases to hedge against inflation
Property Facts
| Property Type | Health Care | No. Beds | 1 |
| Lot Size | 0.20 AC | No. Stories | 2 |
| Building Size | 3,000 SF | Year Built | 1998 |
| Property Type | Health Care |
| Lot Size | 0.20 AC |
| Building Size | 3,000 SF |
| No. Beds | 1 |
| No. Stories | 2 |
| Year Built | 1998 |
Property Taxes
| Parcel Number | 19-05-303-009 | Improvements Assessment | $139,860 |
| Land Assessment | $17,443 | Total Assessment | $157,303 |
Property Taxes
Parcel Number
19-05-303-009
Land Assessment
$17,443
Improvements Assessment
$139,860
Total Assessment
$157,303
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