$1,675,000

101 N VIRGINIA Street, Crystal Lake IL, 60014

Price per sqft$72.55

Built in1980

Property size23,088 sqft

Property typeCommercial

Bought with Non Member with NON MEMBER and Listed by Bruce Kaplan with Premier Commercial Realty 847-854-2300

Overview

Sold

Closed

Listed Mar 26, 2019

Updated May 29

INVESTMENT OPPORTUNITY * 23,088 SF OFFICE BUILDING 10% CAP RATE * 12.2% PROFORMA CAP RATE Attractive multi-tenant 2-story brick corporate office building on Route 14 in Crystal Lake at signalized intersection. Anchor tenant is Chicago Title and Trust. New roof in 2017. Mature landscaping and 70 car parking. Tenants pay electric heat and outlets. Landlord pays for air conditioning. Auxiliary electric baseboard heaters throughout. 12.2 % Proforma CAP rate with 5% vacancy factor. Current 10 % CAP with 17.8% vacancy. Ask broker for confidential operating statement and rent roll.

Additional information

MLS^® ID: 10320242

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 1.24 Acres

Other Property Details

Taxes: $53,921
Tax Frequency: Annually

Bought with Non Member with NON MEMBER and Listed by Bruce Kaplan with Premier Commercial Realty 847-854-2300

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity^SM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Judy Gibbons are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the MLS GRID for MRED 5/29/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

Data is refreshed every 3 hours. Listing last updated 1:51 PM UTC on 5/29/2026.

DMCA Notice