(815) 222-8866

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6072 Brynwood Drive
Rockford, IL 61114

436-438 W Virginia Street, Crystal Lake, IL 60014

Listing ID 10560268 

Price $269,000 

Rockford Real Estate


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436-438 W Virginia StreetCrystal Lake, Illinois IL60014


StatusActive
SqFt 3,506
CountyMc Henry
Year Built1946
Property TypeCommercial Sale
Property Sub TypeNeighborhood Storefront
Description

FOR SALE OR LEASE- TWO (2) UNIT MULTI-TENANT COMMERCIAL BUILDING WITH PRIME NORTHWEST HIGHWAY FRONTAGE IN CRYSTAL LAKE. IDEAL FOR SINGLE TENANT OCCUPANCY, END USER/INVESTOR, OR INVESTOR. PROJECTED 14% CASH ON CASH RETURN WHEN BOTH UNITS LEASED AT AVERAGE LEASE RATE OF $12.50 SF GROSS. TOTAL OF 3,506 SF FOR SINGLE TENANT OCCUPANCY OR CURRENTLY DEMISED INTO 1,352 SF (436 VIRGINIA) & 2,154 SF (438 VIRGINIA). SEPARATELY METERED FOR UTILITIES. BRAND NEW FIRESTONE RUBBER MEMBRANE ROOF & ROOFTOP HVAC (Unit 436). BASEMENT IN EACH UNIT FOR EXTRA STORAGE. WALL SIGNAGE FOR PROMINENT HIGHWAY EXPOSURE. STREET PARKING IN FRONT, ACROSS THE STREET, WITH ADDITIONAL EMPLOYEE PARKING IN REAR PRIVATE LOT. ZONED B2 ALLOWING MOST RETAIL, OFFICE, AND BUSINESS SERVICE USES.

© 2023 Midwest Real Estate Data, LLC (MRED). The listing 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. The data is deemed reliable but is not guaranteed by MTP or MRED. Listings courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID as of Monday, January 30th, 2023 at 08:23:27 AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties displayed may be listed or sold by various participants in the MLS as established by the applicable MLS Governing Documents. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Listed by: Blue Chip Commercial Real Estate (815)-355-0196

Contact - Listing ID 10560268


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Barbara Erdmier

6072 Brynwood Dr
Rockford, IL 61114
Phone: 8152228866
Phone Alt: 8152228866
Fax: 8152318355

Barbara Erdmier

6072 Brynwood Dr
Rockford, IL 61114
Phone: 8152228866
Phone Alt: 8152228866
Fax: 8152318355
Contact

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