436-438 Virginia Street

    Crystal Lake, IL 60014
    • $349,900
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 10020926
    UPDATED: 72 min ago
    $349,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,506
      SQFT
    • $100
      $/SQFT
    Type:
    Commercial
    Built:
    1946
    County:

    School Ratings & Info

    Description

    DON'T MISS THIS GREAT INCOME & BUSINESS OPPORTUNITY TO OWN OR LEASE TO OWN A 2 UNIT COMMERCIAL BUILDING ON RTE 14 (VIRGINIA ST BUSINESS CORRIDOR) W/PHENOMENAL VISIBILITY & SIGNAGE!!! RUN YOUR BUSINESS IN 1 OF THE UNITS & RENT THE OTHER UNIT 4 ADDITIONAL INCOME/TAX BENEFITS. IF YOUR BUSINESS NEEDS ALL 3506 SQ FT, OPEN UP THE DEMISING WALL BETWEEN THE UNITS & UTILIZE THE ENTIRE SPACE. UNIT 436 IS 1352 SQ FT & IS CURRENTLY RENTED UNTIL AUGUST OF 2019. UNIT 438 IS 2154 SQ FT & IS CURRENTLY RENTED UNTIL JUNE OF 2019 BUT IS WILLING TO ALLOW NEW OWNER TO TAKE OVER SPACE SOONER IF NEEDED. EACH UNIT HAS A BASEMENT FOR EXTRA STORAGE/WORKSHOP AREA. EXCELLENT STREET PARKING IN FRONT OF BLDG AS WELL AS EMPLOYEE PARKING IN REAR OF BLDG. B-2 RETAIL/SERVICE ZONING USES INCLUDE RESTAURANT, CLOTHING, FURNITURE, COMPUTER SALES/SERVICE, BAKERY, DELI, LIQUOR, MUSIC, GIFT/NOVELTY, HOME IMPROVEMENT, DRY CLEANERS, HAIR SALON, TAILOR & MORE. EACH UNIT HAS SEPARATE GAS/ELECTRIC METERS. GROW YOUR BUSINESS HERE!

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Saladino Sells Team | Keller Williams Chicago - Lakeview. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Saladino Sells Team | Keller Williams Chicago - Lakeview are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-08-21T14:54:18.487.

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    www.saladinosells.com/homes/85694180

    436-438 Virginia Street Crystal Lake, IL 60014

    • Price: $349,900
    • Status: Active
    • Updated: 72 min ago
    • MLS #: 10020926
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,506
    SQFT
    $100
    $/SQFT
    1946
    Built
    Neighborhood:
    Crystal Lake / Lakewood / Prairie Grove
    County:
    McHenry
    Area:
    Crystal Lake / Lakewood / Prairie Grove
    Property Description
    DON'T MISS THIS GREAT INCOME & BUSINESS OPPORTUNITY TO OWN OR LEASE TO OWN A 2 UNIT COMMERCIAL BUILDING ON RTE 14 (VIRGINIA ST BUSINESS CORRIDOR) W/PHENOMENAL VISIBILITY & SIGNAGE!!! RUN YOUR BUSINESS IN 1 OF THE UNITS & RENT THE OTHER UNIT 4 ADDITIONAL INCOME/TAX BENEFITS. IF YOUR BUSINESS NEEDS ALL 3506 SQ FT, OPEN UP THE DEMISING WALL BETWEEN THE UNITS & UTILIZE THE ENTIRE SPACE. UNIT 436 IS 1352 SQ FT & IS CURRENTLY RENTED UNTIL AUGUST OF 2019. UNIT 438 IS 2154 SQ FT & IS CURRENTLY RENTED UNTIL JUNE OF 2019 BUT IS WILLING TO ALLOW NEW OWNER TO TAKE OVER SPACE SOONER IF NEEDED. EACH UNIT HAS A BASEMENT FOR EXTRA STORAGE/WORKSHOP AREA. EXCELLENT STREET PARKING IN FRONT OF BLDG AS WELL AS EMPLOYEE PARKING IN REAR OF BLDG. B-2 RETAIL/SERVICE ZONING USES INCLUDE RESTAURANT, CLOTHING, FURNITURE, COMPUTER SALES/SERVICE, BAKERY, DELI, LIQUOR, MUSIC, GIFT/NOVELTY, HOME IMPROVEMENT, DRY CLEANERS, HAIR SALON, TAILOR & MORE. EACH UNIT HAS SEPARATE GAS/ELECTRIC METERS. GROW YOUR BUSINESS HERE!
    Exterior Features

    Construction BrickConcrete Block Docks None Foundation Concrete Frontage Access City StreetUs Highway Location Central Business DistrictPublic Transport Avail Lot Dimensions 38 X 148 Lot Sq Ft 5624 Number Of Parking Spaces 6 Number Of TLDocks 0 Roof Coverings Reflective Coating Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Ceiling Height Ft 14 Fire Protection Fire Extinguisher/SOther Floor Finish CarpetConcreteVaries Miscellaneous Inside Multi-TenantPrivate Restroom/SStorage InsideBasement Number Of Drive In Doors 0 Number Of Stories 1 Outdoor Parking 6-12 Spaces

    Property Features

    Age Older Current Use Commercial Electrical Service Circuit Breakers101-200 Amps Expense Year 2017 Exterior Building Type BrickStucco Extra Storage Spaces Available YN No Financial Amounts For Total Building Rental Onl No Geographic Locale Northwest Suburban Gross Rentable Area 3506 Gross Rental Income Amount 40622 Heat Ventilation Forced AirGas Investment YN Yes Known Encumbrances None Known Max Avail Sq Ft Rentable 3506 Min Avail Sq Ft Rentable 1352 Net Oper Income Amount 27097 Net Operating Income Year 2017 Net Rentable Area 3506 Number Of Tenants 2 Possession ClosingImmediateNegotiable Potential Use Commercial Property Offered For Sale Only Sale Terms ConventionalLease/PurchaseOwner May Help/Assist Seller Will Add CashCreate PaperOtherTrain Tax Year 2017 Taxes 10644.8 Tenant Pays Air ConditioningElectricHeatScavengerWater/Sewer Total Annual Exp 6521 Total Annual Expense Source Actual Total Annual Income 40622 Total Monthly Income 3385 Township Algonquin Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-Municipal Water Drainage Storm Sewers Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Realty Executives Cornerstone.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Saladino Sells Team | Keller Williams Chicago - Lakeview. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Saladino Sells Team | Keller Williams Chicago - Lakeview are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-08-21T14:54:18.487.

    Digital Millennium Copyright Act
     
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    Chicago IL, 60631
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