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241 Commerce Drive, Crystal Lake, IL 60014
$550,000
241 Commerce Drive, Crystal Lake, IL 60014View this property at 241 Commerce Drive, Crystal Lake, IL 60014
241 Commerce DriveCrystal LakeIL60014
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Property Description
All brick 10,190 SF 2-story elevator equipped office building with high visibility on Route 176 in Crystal Lake... Asking price reflects a 9.0% plus CAP rate based on stabilized occupancy at current lease rates...Building amenities include customized offices, easily accessible common washrooms, floor to ceiling windows, 45 private parking spaces, elevator and monument signage...Over $140,000 recently spent upgrading the 1st floor offices...Complete conversion of the interior and exterior LED lighting was recently completed and will reduce significantly maintenance and energy costs... Roof & elevator are maintained under service agreements...Contact broker for financials and rent rolls.
Full Property Details
Full Property Details for 241 Commerce Dr
General
- Sold For: $550,000
- Taxes: $28,085 (2022)
- Status: Closed
- Type: Office
- MLS ID: 11892155
- Added to Site: 209 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Parking
- Total Spaces: 45
Location
- Area: Crystal Lake / Lakewood / Prairie Grove
- County: Mc Henry
- Driving Directions: Route 14 to Route 176, east on Route 176 to Commerce Drive.
- Location Details: Northwest Suburban, Commercial Business Park
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 10,190
- Current Bldg. Use: Office
- Year Built: 1990
Lot Features
- Lot Size (Acres): 0.71
- Lot Size (Sq. Ft.): 30,930
- Lot Dimensions: 207 x 150 x 205 x 150
- Frontage: City Street, Frontage Road
- Potential Use: Office and Research
- Zoning: OFFIC
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1990
- Tax Amount: $28,085.3
- Tax Year: 2022
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 1432177008
Listed and Sold by Berkshire Hathaway HomeServices Starck Real Estate
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Schools
Schools serving 241 Commerce Dr
School Districts:Crystal Lake Ccsd 47, Community High School District 155
Rating | Name | Grades | Distance |
---|---|---|---|
131 W Paddock St, Crystal Lake, IL 60014 | PK-5 | 0.7 mi | |
515 E Crystal Lake Ave, Crystal Lake, IL 60014 | 6-8 | 1.5 mi | |
6000 Dvorak Dr, Crystal Lake, IL 60012 | 9-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 241 Commerce Dr
Date
Details
Price
Change
Source
12/08/2023
Sold
$550,000
-15.25%
MLS
7/05/2023
Listed
$649,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
241 Commerce Drive, Crystal Lake, IL 60014 (MLS# 11892155) is a Office property that was sold at $550,000 on December 08, 2023. Want to learn more about 241 Commerce Drive? Do you have questions about finding other Office real estate for sale in Crystal Lake? You can browse all Crystal Lake real estate or contact a Coldwell Banker agent to request more information.