Office Space
360 Memorial Drive Crystal Lake, IL 60014
Details & Description
Price: $1,300,000
    Stable and well-managed 24,282 SF office building available in Crystal LakeBank of America anchor tenant with corporate guaranteed lease and long term occupancyTurn-key investment with no deferred maintenanceStable McHenry County TaxesValue add component in additional 7,400 SF of leasable space8.7% going in CAP rate with 15% Pro Forma Cap Rate at 100% occupancyAll tenants on NNN leasesSale Price: $1,300,000
    Listing Agents
    Kellen Duggan

    O: 312-728-1700
    M: 312-706-3717
    kellen.duggan@freg.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    360 Memorial Drive

    Crystal Lake, IL 60014

    Listing ID: 224566
    360 Memorial Drive Crystal Lake, IL 60014 | for Sale | Photo 1
    Building Size: 24,282 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $53.54
    Land $/SF:
    Price
    $1,300,000
    Description

    Stable and well-managed 24,282 SF office building available in Crystal Lake

    Bank of America anchor tenant with corporate guaranteed lease and long term occupancy

    Turn-key investment with no deferred maintenance

    Stable McHenry County Taxes

    Value add component in additional 7,400 SF of leasable space

    8.7% going in CAP rate with 15% Pro Forma Cap Rate at 100% occupancy

    All tenants on NNN leases

    Sale Price: $1,300,000

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Naperville History of Office Space for Sale

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    Crystal Lake Area Market Trends

    Listing Demographics for 360 Memorial Drive Crystal Lake, IL 60014

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population4,51246,520119,146
    Population Median Age393939
    Population by Age0-9 Yrs635 (14%)5562 (11%)14401 (12%)
    10-19 Yrs660 (14%)6041 (12%)16647 (13%)
    20-29 Yrs408 (9%)5804 (12%)14193 (11%)
    30-39 Yrs450 (9%)5888 (12%)14628 (12%)
    40-49 Yrs670 (14%)5953 (12%)16149 (13%)
    50-59 Yrs822 (18%)7811 (16%)20294 (17%)
    60-69 Yrs436 (9%)4884 (10%)13028 (10%)
    70+ Yrs432 (9%)4577 (9%)9805 (8%)
    Median HH Income$85,142$87,220$92,810
    Total Household Income< 24K262 (15%)1488 (8%)3493 (8%)
    25-49K265 (15%)3011 (17%)6176 (14%)
    50-74K211 (12%)2777 (16%)7281 (16%)
    75-99K278 (16%)2855 (16%)6419 (14%)
    100-199K517 (30%)5740 (33%)14800 (34%)
    200K+169 (9%)1473 (8%)4878 (11%)
    Highest Education LevelNo Diploma27019134170
    Diploma or GED503719817899
    Some College646730518234
    Assoc. Degree32832247870
    Bachelors Degree834820321775
    Higher Degree497439110702
    Total Housing Units1,77518,22544,996
    --Owner-Occupied1,17413,35535,210
    --Renter-Occupied5273,9907,838
    Owner-Occupied Values< 100K9510401748
    100-199K350441010976
    200-299K454537613742
    300-399K21417275587
    400-499K494681783
    500K+123341374
    Total Working Age Population3,48237,22294,624
    In Work Force2,49026,87368,346
    Not In Work Force99210,34926,278
    Workforce Employed2,31925,85165,526
    Workforce Unemployed1711,0172,797
    Civlian Workforce2,49026,86868,323
    Military Workforce0623
    Total Households1,70217,34543,048
    Family Households1,23512,49632,501
    Non-Family Households4664,84910,547
    Married Couple97610,10726,791
    Other Family2592,3895,710
    Married w/Child4414,11711,401
    Single Male w/Child21396828
    Single Female w/Child1339252,215

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    McHenry County260,077+19308,760+32407,931+9443,398

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 360 Memorial Drive in Crystal Lake?
    The asking price for 360 Memorial Drive is $1,300,000
    What is the building size of this Office property in Crystal Lake, IL?
    The size of the building/unit at 360 Memorial Drive in Crystal Lake is 24,282 square feet
    What kind of Office is the propery at 360 Memorial Drive?
    The property at 360 Memorial Drive Crystal Lake, IL 60014 is listed as a Professional Office property
    What is the population within 1 mile of 360 Memorial Drive in Crystal Lake?
    The population within 1 mile of 360 Memorial Drive Crystal Lake, IL 60014 is 4,512 people.
    Who do I contact for questions about 360 Memorial Drive?
    You should contact the listing agent, Kellen Duggan, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 27
    Chicago Rockford International Airport (RFD) 41
    Chicago Midway International Airport (MDW) 42
    Price
    $1,300,000
    Listing Agent
    More listings from Kellen Duggan
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