1 South Virginia Street

Estimated Monthly Payment: $7,335/mo 1 South Virginia Street, Crystal Lake, Il 60014 MLS# 09922946 Office/Tech Listing Status: Active
4,500 sqft
62
45
0
0

REMARKS:

Medical Office Building with a practice consisting of Pain Management, Weight Loss, and Physical Medicine. Thriving practice for over 13 years. This SALE LEASEBACK is a great passive investment or 1031 exchange candidate. Lease term 8 years with a 2% escalation each year. Offered at a 7.5% Cap Rate. Tenant Rent to sale ratio on the low end of industry standards. Well situated on a corner lot with ample parking. Cash on cash could be up to 14% depending on financing.

OVERVIEW:

Office/Tech
Active
Crystal Lake / Lakewood / Prairie Grove
Algonquin
2005
4500
Central Air
0.56
130X200
Central Bldg Heat

ROOM SIZES:

Bedroom 2
Bedroom 3
Bedroom 4
Dining Room
Family Room
Kitchen
Laundry Room
Living Room
Master Bedroom

FINANCIAL:

$1,300,000
2016
$16,884
$13,100
$33,273
Air Conditioning, Common Area Maintenance, Electric, Heat, Janitorial

NEIGHBORHOOD & SCHOOL INFORMATION:

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Data last updated: 06/21/2018