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651 W Terra Cotta Ave
Crystal Lake, IL 60014

Office Property For Sale

Attachments

Flyer- For Lease

PROPERTY FACTS

Property Type
Office
Building Size
18,393 SF
Building Class
C
Year Built
1980
Percent Leased
74%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,196 SF
Building FAR
0.27
Lot Size
1.56 AC
Parking
100 Spaces (5 Spaces per 1,000 SF Leased)

About 651 W Terra Cotta Ave , Crystal Lake, IL 60014

Strong Performing Office Investment Offering! Two story multi-tenant office building with many long term tenants in place. Almost all tenants have executed multiple year lease terms. Low risk investment due to 20+ rentable suites with no single tenant occupying more than 1,724 SF. Current occupancy is 76% with Value Add benefit. Recent capital improvements included new rubber membrane roof in 2013 (20 yr. warranty), new carpet and atrium windows, and interior / exterior paint. Elevator access with attractive two story entrance foyer. 100 cars of parking. Street signage is available along Route 176 (Terra Cotta Avenue). Financials available upon execution of Confidentiality Agreement. Situated at the SWQ of Route 176 & Route 14 in Crystal Lake. Busy intersection with easy access to all main arterials serving Crystal Lake. Located in close proximity to retail, restaurants, residential, and schools.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-32-480-029
  • 14-33-452-012
  • 14-33-452-013
  • 14-31-401-028
  • 18-13-377-016
Land Assessment
$140,102
Improvements Assessment
$367,187
Total Assessment
$507,290
  • Listing ID: 3718199

  • Date on Market: 2016-09-24

  • Last Updated:

  • Address: 651 W Terra Cotta Ave, Crystal Lake, IL 60014

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