Sold: Nov 20, 2024
Address
5150 Northwest Highway # 1-10, Crystal Lake, IL
Price
$ 2,025,000
Property Attributes
  • MLS#12118982
  • TypeCommercial
  • Listing Status Closed
  • CountyMCHENRY
  • CityCrystal Lake
  • AreaCrystal Lake - Lakewood - Prairie Grove
  • Zip60014
  • StyleCommercial
  • Year Built1991
  • Taxes$ 78385
  • Price$ 2,025,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18157
  • Lot Size2.23999 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Attractive Investment Property. 18,157 SF Retail Center 93% Occupied. Affluent Community Demographics. Prime Location, High Visibility on Dense Business Corridor. Route 14 Frontage: 338 Feet. Daily Traffic Counts: 28,000. Longer Term Tenants. Ample Parking. CAP Rate: -8.5%. Rent Roll Available Via NDA.

Price History

General Features

Cooling Central Individual
Lease Type N/A
Year Built 1991
Unit Number 1-10
Additional Parcels Y/N No
Tenant Pays Air Conditioning,Electricity,Heat,Sewer,Other,Varies by Tenant
Lot Size Square Feet 97574
Net Operating Income 186419
Cap Rate 8.5
County McHenry
Gross Income 342838
Property Type Commercial Sale
Stories 1
Operating Expense 156419
Electric Service - 101 to 200 Amps
ModificationTimestamp 2024-11-22T16:17:01.850Z
Standard Status Closed
City Crystal Lake
Status Closed
Roof Membrane
Leasable Area 1200
Close Price 2025000
Possession Negotiable
Tax Annual Amount 78385
Current Use Commercial
Zoning RTAIL
Tax Year 2023
Construction Materials Brick,Steel Siding
Property Type Retail/Stores
Property Subtype Shopping Center
Directions RT 14 1 BLOCK WEST OF PINGREE ON THE NORTH SIDE OF STREET
Number Of Units Total 10
MLS Area Crystal Lake / Lakewood / Prairie Grove

Interior Features

BuyerOfficeEmail clientcare@starckre.com

Exterior Features

Street Suffix Highway
BuyerOfficeFax (815) 459-1475
Foundation Details Concrete Perimeter
Street Name Northwest
Lot Dimensions 364X338X331X338
Frontage Type City Street
Building Area Total 18157
Days on Market 37

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60014

Price
AVG $260K
$2.03M
Taxes
AVG $23,907
$78,385
Year Built
AVG 1984
1991

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