86-90 N Williams St
Crystal Lake, IL 60014
Retail Property For Sale

For Sale- Mixed Use Retail/Residential building in Crystal Lake's Central Business District. Building consists of two (2) commercial units and four (4) residential apartments. 100% occupied. Olympic Café anchors the corner retail space and has been operating for 50 years and Restoration America occupies the other retail unit. The second floor consists of three (3) one bedroom apartments & one (1) two bedroom bedroom apartment. Ownership has not renewed any leases so plenty of options for end user/investor. All leases are currently month-to-month BUT Restoration America would like to sign a 5 year lease (per owner) and Olympic Café will consider a long term lease. Residential tenants will also consider one year lease terms or more (per owner). Owner pays heat for the entire building (one boiler system) and all units are separately metered for electric. Restaurant has central A/C, window unit in office space, and tenants may install window units at their discretion. Great corner exposure and close proximity to restaurants, shopping, commuter train, and schools. Parking is limited to street and off-site permit parking.