This Health Care Property is no longer advertised on LoopNet.com.

314/316 Van Buren St
Crystal Lake, IL 60014
Northern Illinois Recovery Center Duplex · Health Care Property For Sale · 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
Lot Size 0.20 AC
Building Size 3,000 SF
No. Beds 1
No. Stories 2
Year Built 1998

Property Taxes

Property Taxes

Parcel Number
19-05-303-009
Land Assessment
$17,443
Improvements Assessment
$139,860
Total Assessment
$157,303
  • Listing ID: 26366375

  • Date on Market: 8/9/2022

  • Last Updated:

  • Address: 314/316 Van Buren St, Crystal Lake, IL 60014

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