Crystal Lake, IL 60014,6704 Pingree RD
Crystal Lake, IL 60014,6704 Pingree RD
Crystal Lake, IL 60014,6704 Pingree RD
23
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$3,300,000
Est. payment /mo
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96,070 SqFt
Active Under Contract

6704 Pingree RD Crystal Lake, IL 60014

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UPDATED:

10/29/2024 06:34 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 96,070 sqft

Price per Sqft $34

MLS Listing ID 11987569

Year Built 1957

Annual Tax Amount $61,378

Tax Year 2023

Lot Size 5.600 Acres

Lot Dimensions IRREGULAR

Property Description

MULTI-TENANT INDUSTRIAL 100% LEASED 96,070 SF 100% leased 96,070 SF multi-tenant building on 5.6 acres. Masonry main building with 13,680 sf steel add on section. Three 2000 amp services, multiple drive in doors, 5 docks, ceilings vary, office areas vary. Built in 1957 with multiple additions. Upside potential by raising rents and adding separate gas and electric meters. Double capacity wet sprinklers. Partially air conditioned. Additional building site at signalized intersection that could be re-zoned and split off for commercial use. Note: Owner will lease back Unit 8 at $5 psf. Ask for rent roll and operating statement. 7.6% cap rate using 5% vacancy plus significant upside.

Location

State IL

County Mchenry

Area Crystal Lake / Lakewood / Prairie Grove

Zoning MANUF

Interior

Cooling Central Air

Flooring Concrete

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal

Roof Type Membrane

Building

Dwelling Type Industrial

Level or Stories 1

Structure Type Brick,Steel Siding


Midwest Real Estate Data (MRED) IDX
Listed by Bruce Kaplan • Premier Commercial Realty

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6704 Pingree RD