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970 McHenry Ave 11,010 SF Vacant Office Building Crystal Lake, IL 60014 $949,900 ($86.28/SF) 9% Cap Rate
Investment Highlights
- Two-story multi-tenant office building totaling 11,010 SF on 2.25 acres with ample parking and monument signage.
- Direct access from parking to both levels, providing convenience for tenants and visitors.
- Elevator-equipped property featuring abundant natural light, common breakroom, and a relaxing lobby fountain.
- Fully sprinklered building with three restrooms and utilities included in rent; tenant responsible for janitorial.
Executive Summary
LEASE AVAILABILITY:
Main (lower) Level:
Units LL5, LL 6, LL9: $500/mo.
Unit LL12 : $1,500/mo
Upper Level:
Units B1, B3: $500/mo
Unit B2: $1,050/mo
Owner Occupied but will move out
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Two Story Multi-Tenant Office Building 11,010 SF (sale) Private Offices Available for Lease NEW LOWER PRICE. Owner/user opportunity with this unique architecture, two-story, well maintained, elevator equipped, warm and inviting architecture with lots of natural light, common breakroom, bathrooms and a relaxing fountain in the lobby. Both levels have direct access from parking lot with ample parking and monument signage on 2.25 acres. Seller currently occupies 5,500 SF and will consider leaseback or will vacate for an owner/buyer. Seller will also guarantee a negotiable portion of leasable space. LEASE AVAILABILITY: Main (lower) Level: Units LL5, LL 6, LL9: $500/mo. Unit LL12 : $1,500/mo Upper Level: Units B1, B3: $500/mo Unit B2: $1,050/mo Owner Occupied but will move out
Two Story Multi-Tenant Office Building 11,010 SF (sale) Private Offices Available for Lease Owner/user opportunity with this unique architecture, two-story, well maintained, elevator equipped, warm and inviting architecture with lots of natural light, common breakroom, bathrooms and a relaxing fountain in the lobby. Both levels have direct access from parking lot with ample parking and monument signage on 2.25 acres. Seller currently occupies 5,500 SF and will consider leaseback or will vacate for an owner/buyer. LEASE AVAILABILITY: Main (lower) Level: Unit LL8 : $500/mo. Upper Level: Units A1, A2, A4 : $500/mo. Unit A3 $1,050/mo.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 130 SF | Office | Full Build-Out | Now |
| 2nd Floor | 130-424 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 130 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 130-424 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 130 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Two Story Multi-Tenant Office Building 11,010 SF (sale) Private Offices Available for Lease NEW LOWER PRICE. Owner/user opportunity with this unique architecture, two-story, well maintained, elevator equipped, warm and inviting architecture with lots of natural light, common breakroom, bathrooms and a relaxing fountain in the lobby. Both levels have direct access from parking lot with ample parking and monument signage on 2.25 acres. Seller currently occupies 5,500 SF and will consider leaseback or will vacate for an owner/buyer. Seller will also guarantee a negotiable portion of leasable space. LEASE AVAILABILITY: Main (lower) Level: Units LL5, LL 6, LL9: $500/mo. Unit LL12 : $1,500/mo Upper Level: Units B1, B3: $500/mo Unit B2: $1,050/mo Owner Occupied but will move out
2nd Floor
| Size | 130-424 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Two Story Multi-Tenant Office Building 11,010 SF (sale) Private Offices Available for Lease Owner/user opportunity with this unique architecture, two-story, well maintained, elevator equipped, warm and inviting architecture with lots of natural light, common breakroom, bathrooms and a relaxing fountain in the lobby. Both levels have direct access from parking lot with ample parking and monument signage on 2.25 acres. Seller currently occupies 5,500 SF and will consider leaseback or will vacate for an owner/buyer. LEASE AVAILABILITY: Main (lower) Level: Unit LL8 : $500/mo. Upper Level: Units A1, A2, A4 : $500/mo. Unit A3 $1,050/mo.
Property Taxes
| Parcel Number | 19-07-451-038 | Total Assessment | $388,135 |
| Land Assessment | $146,943 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $241,192 | Tax Year | 2024 |
Property Taxes
Presented by
970 McHenry Ave
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