Office Space
101 North Virginia Street Crystal Lake, IL 60014
Details & Description
Price: $2,200,000
    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 heat and electric. Landlord pays for air conditioning. 9.4 % Proforma CAP rate with 5% vacancy factor. Current 9.15 % CAP with 8% vacancy. Ask broker for confidential operating statement and rent roll.
    Property Highlights
    Additional Photos
    Listing Agents
    Bruce Kaplan

    O: 847-854-2300
    M: 847-507-1759
    brucek@premiercommercialrealty.com
    Kevin Kaplan

    O: 847-854-2300
    M: 309-261-0920
    kevink@premiercommercialrealty.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.

    101 North Virginia Street

    Crystal Lake, IL 60014

    Listing ID: 272868
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    Building Size: 23,088 SF
    Lot Size: 1.240 AC
    Land Size: 53,840 SF
    Building $/SF: $93.08
    Land $/SF: $39.91
    Price
    $2,200,000
    Property Highlights
    Year Built 1980
    HVAC System GFA / Central Air
    Electrical Separately Metered (all electric)
    Sprinkled No, but alarm monitored
    Washrooms 4 (2 per floor)
    Floors 2
    Ceiling Height 10’
    Parking 70 cars
    Sewer/Water City
    Zoning O (office) (Medical OK)
    RE Taxes $48,586 (2021)
    PIN Number 14-31-476-035
    Description

    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 heat and electric. Landlord pays for air conditioning. 9.4 % Proforma CAP rate with 5% vacancy factor. Current 9.15 % CAP with 8% vacancy. Ask broker for confidential operating statement and rent roll.

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    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 101 North Virginia Street 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 Population6,22743,232105,614
    Population Median Age393938
    Population by Age0-9 Yrs692 (11%)5429 (12%)13262 (12%)
    10-19 Yrs829 (13%)5877 (13%)15401 (14%)
    20-29 Yrs881 (14%)4931 (11%)12467 (11%)
    30-39 Yrs742 (11%)5421 (12%)13014 (12%)
    40-49 Yrs804 (12%)5554 (12%)14726 (13%)
    50-59 Yrs1023 (16%)7460 (17%)17498 (16%)
    60-69 Yrs588 (9%)4443 (10%)10730 (10%)
    70+ Yrs669 (10%)4116 (9%)8517 (8%)
    Median HH Income$87,512$90,580$94,106
    Total Household Income< 24K135 (5%)1281 (8%)2864 (7%)
    25-49K396 (17%)2521 (16%)5351 (14%)
    50-74K397 (17%)2518 (16%)6034 (16%)
    75-99K417 (18%)2428 (15%)5862 (15%)
    100-199K733 (32%)5225 (33%)13171 (35%)
    200K+195 (8%)1694 (10%)4176 (11%)
    Highest Education LevelNo Diploma24718343628
    Diploma or GED1074646015456
    Some College788656915822
    Assoc. Degree35427756888
    Bachelors Degree1020752619215
    Higher Degree83843249437
    Total Housing Units2,43616,55239,086
    --Owner-Occupied1,67112,33630,639
    --Renter-Occupied6003,3326,819
    Owner-Occupied Values< 100K98031503
    100-199K48937279066
    200-299K842487012692
    300-399K22019624762
    400-499K585081424
    500K+544661191
    Total Working Age Population4,97534,25383,041
    In Work Force3,52624,52660,227
    Not In Work Force1,4499,72722,814
    Workforce Employed3,42723,46157,982
    Workforce Unemployed991,0552,222
    Civlian Workforce3,52624,51660,204
    Military Workforce01023
    Total Households2,27215,66737,458
    Family Households1,77011,95328,560
    Non-Family Households5023,7148,898
    Married Couple1,3779,68123,722
    Other Family3932,2724,838
    Married w/Child4844,10910,735
    Single Male w/Child142342735
    Single Female w/Child1239601,942

    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 101 North Virginia Street in Crystal Lake?
    The asking price for 101 North Virginia Street is $2,200,000
    What is the building size of this Office property in Crystal Lake, IL?
    The size of the building/unit at 101 North Virginia Street in Crystal Lake is 23,088 square feet
    How much land does the Crystal Lake, IL property at 101 North Virginia Street include?
    101 North Virginia Street in Crystal Lake includes 1.240 acres of land
    What kind of Office is the propery at 101 North Virginia Street?
    The property at 101 North Virginia Street Crystal Lake, IL 60014 is listed as a Professional Office property
    What is the population within 1 mile of 101 North Virginia Street in Crystal Lake?
    The population within 1 mile of 101 North Virginia Street Crystal Lake, IL 60014 is 6,227 people.
    Who do I contact for questions about 101 North Virginia Street?
    You should contact the listing agent, Bruce Kaplan , for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 29
    Chicago Rockford International Airport (RFD) 39
    Chicago Midway International Airport (MDW) 44
    Price
    $2,200,000
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