This Office Property is no longer advertised on LoopNet.com.

77 E Crystal Lake Ave
Crystal Lake, IL 60014
Office Property For Sale

Investment Highlights

  • Fully Leased 3 Unit Office
  • 8.8% CAP Rate

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
2,524 SF
Building Class
B
Year Built
1985
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,262 SF
Building FAR
0.19
Lot Size
0.31 AC
Zoning
B4
Parking
15 Spaces (5.94 Spaces per 1,000 SF Leased)

Amenities

  • Signage

About 77 E CRYSTAL LAKE AVE , CRYSTAL LAKE, IL 60014

Price reduced. Fully leased 3-unit office investment at 8.8% CAP rate. First floor tenant is a dentist with 2 short term second floor tenants. Partial basement goes with the dentist. His space has a comfortable waiting room with vaulted ceilings and a gas fireplace, (3) operatories, (2) labs, office, consult room and break room. Short term 2nd floor leases create opportunity for investor/user. New roof and skylights in 2018, new water heater. Dentist pays his own utilities, landlord pays for 2nd floor and common areas. (2) common baths. Walk to commuter train and all downtown amenities. 14-15 car paved private lot. Recent MAI appraisal at above asking price. Contact broker for rent roll and operating statement. See layout and photos. Visit Premier Commercial Realty website to see more listings.

Property Taxes

Property Taxes

Parcel Number
19-05-228-054
Land Assessment
$30,252
Improvements Assessment
$84,619
Total Assessment
$114,871
  • Listing ID: 14882926

  • Date on Market: 1/16/2019

  • Last Updated:

  • Address: 77 E Crystal Lake Ave, Crystal Lake, IL 60014

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