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$565,000
Est. payment /mo
9,260 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 9,260 sqft
Price per Sqft $61
MLS Listing ID 12544076
Year Built 1905
Annual Tax Amount $16,033
Tax Year 2024
Lot Dimensions .17 acre
Property Sub-Type Mixed Use
Property Description
Two story masonry mixed use building in downtown Crystal Lake with two first floor retail units and second floor former meeting hall. One retail space on first floor is occupied by a bicycle store (2,075 SF plus basement) on a month to month lease paying $1,700/mo. gross and other retail unit is vacant (1,500 SF plus basement) and ready to rent. Each retail space has its own GFA furnace and A/C. There is 1,000 SF storage space between the two units with separate entrances. Second floor former meeting hall is 4,630 SF including bar and kitchen, 2 small bathrooms and 2 GFA/ furnaces with rooftop A/C units. Fieldstone foundation and 4,630 SF basement under entire building and barrel roof. Ideal for someone looking for a value add rehab project. Close to train station. Separate electric and gas services. Free City parking lot behind building plus street parking and on-site spaces.
Location
State IL
County Mchenry
Area Crystal Lake / Lakewood / Prairie Grove
Zoning COMMR
Interior
Cooling Central Air
Flooring Carpet, Tile, Varies
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
Roof Type Reflective Coating
Building
Dwelling Type Mixed Use
Water Municipal Water
Structure Type Brick,Block
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Listed by Bruce Kaplan of Premier Commercial Realty