101 N. Virginia Listing Details & Market Data

101 N. Virginia, Crystal Lake, IL 60014

  • For Sale $1,999,000
  • Property Type Office - General Office
  • Property Size 23,088 SF
  • Units 21
  • Lot Size 1.24 Acre
  • Parking Spaces Avail. 70
  • Year Built 1980
  • Date Updated Mar 6, 2024
On Route 14 in Crystal Lake.INVESTMENT OPPORTUNITY • 23,088 SF OFFICE BUILDING 8.2% CAP RATE • 10.9% 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. 10.9 % Proforma CAP rate with 5% vacancy factor. Current 8.2 % CAP with 18% vacancy. Ask broker for confidential operating statement and rent roll.

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Attachments

Contacts

broker

Bruce Kaplan

Premier Commercial Realty

(847) 854-2300

Location

Getting Around

  • Walk Score ®

    Car-Dependent (35)

  • Bike Score ®

    Somewhat Bikeable (43)
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  • City Crystal Lake, IL
  • Neighborhood Crystal Lake
  • Zip Code 60014
  • Market Chicago

Points of Interest

  • Crystal Lake

    1.25 miles

  • Pingree Road

    2.32 miles

  • Cary

    5.64 miles

  • Fox River Grove

    7.04 miles

  • Woodstock

    7.42 miles

  • McHenry

    7.66 miles

  • Electric Park

    9.38 miles

  • Depot Avenue

    9.56 miles

  • East Union Depot

    9.57 miles

  • Barn 9

    9.60 miles

  • Shell

    0.31 miles

  • BP

    0.41 miles

  • Citgo

    0.59 miles

  • Mobil

    0.65 miles

  • BP

    1.18 miles

  • Circle K

    1.30 miles

  • Sam's Club

    1.96 miles

  • Marathon

    2.06 miles

  • Casey's General Store

    2.30 miles

  • Casey's General Store

    2.66 miles

  • Lucky Brakes parking

    0.57 miles

  • Grant Street Lot

    1.13 miles

  • Veteran Acres Park

    1.23 miles

  • Crystal Lake Park District Nature Center

    1.37 miles

  • Trailhead @ Lorraine Drive

    1.63 miles

  • Lot D

    1.65 miles

  • Lot B

    1.70 miles

  • Lot C

    1.79 miles

  • Lot F

    1.81 miles

  • Lot A

    1.84 miles

  • McDonald's

    0.42 miles

  • Mr A's Italian Beef

    0.57 miles

  • Andy's Family Restaurant

    0.58 miles

  • Taco Bell

    0.71 miles

  • 1776 Restaurant

    0.78 miles

  • 815 Chophouse

    0.79 miles

  • Tommy's Red Hots

    0.89 miles

  • Popeyes

    0.95 miles

  • Subway

    1.05 miles

  • Rosatti's Pizzeria

    1.06 miles

  • North Elementary School

    0.17 miles

  • Richard Bernotas Middle School

    0.29 miles

  • Saint Thomas School

    0.75 miles

  • Husmann Elementary School

    0.91 miles

  • Saint Marys Seminary

    0.98 miles

  • Lundahl Junior High School

    1.32 miles

  • McHenry County College

    1.72 miles

  • West Elementary School

    1.78 miles

  • Coventry School

    1.94 miles

  • Hannah Beardsley Middle School

    2.05 miles

  • Friendship House

    1.44 miles

  • Barlina House Preschool

    1.76 miles

  • The Learning Hills

    4.35 miles

  • Learning Experience

    4.65 miles

  • McHenry Montessori School

    7.63 miles

Contact Listing Broker

broker

Bruce Kaplan

Premier Commercial Realty

(847) 854-2300