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$255,786
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Property Description
Fantastic Investment Opportunity at Route 14 South Virginia St! Welcome to this attractive 2-story brick building with a prominent monument sign on Virginia St. This property boasts a total of 6 units, with 3 on each level, and currently, 2 units are occupied, offering immediate income potential. The real gem here is the untapped potential, with 4 vacant units, including a coveted corner unit on the main level featuring a spacious reception area and 5 rooms. The layout of these units is diverse, making them easily convertible to open spaces, catering to various business needs. Each unit comes equipped with its own bath(s), ensuring convenience for both tenants and clients. Accessibility is not an issue, as the property is handicap accessible. Parking is a breeze with over 40 parking spaces, providing convenience for tenants and visitors alike. Ideal for a wide range of businesses, including small offices, clinics, professional offices, insurance agencies, staffing companies, mortgage brokers, and more. Don't miss out on this exceptional investment opportunity with immense potential. Contact me today to schedule a viewing and explore the possibilities this property offers for your business or investment portfolio!
Full Property Details
Full Property Details for 25 S Virginia St
General
- Sold For: $255,786
- Taxes: $18,852 (2022)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11900722
- Added to Site: 912 day(s) ago
Interior
- Interior Features: Multi-Tenant, Private Restroom(s), Storage Inside, Basement
- Flooring: Carpet, Vinyl
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 31 to 50 Spaces
Location
- Area: Crystal Lake / Lakewood / Prairie Grove
- County: McHenry
- Driving Directions: Algonquin Rd to S Virginia St
- Location Details: North Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Sub-Flooring: Carpet, Vinyl
- Stories/Levels: 1
- Square Feet: 6,480
- Year Built: 1985
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Acres): 0.83
- Lot Size (Sq. Ft.): 36,168
- Lot Dimensions: 137 x 264
- Zoning: OFFIC
Financial Considerations
- Lease Price: $3
- For Sale/Rent/Lease: For Sale or Rent
- Operating Expenses: $6,611
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1985
- Tax Amount: $18,852
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 1906226025
Listed by Compass
Sold by Premier Commercial Realty
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Schools
Schools serving 25 S Virginia St
School Districts:Crystal Lake Community Consolidated School District 47, Community High School District 155
| Name | Grades | Distance |
|---|---|---|
North Elementary School, Crystal Lake, IL 500 West Woodstock Street, Crystal Lake, IL 60014 | K-5 | 0.4 mi |
Richard F Bernotas Middle School 170 North Oak Street, Crystal Lake, IL 60014 | 6-8 | 0.4 mi |
Crystal Lake Central High School 45 West Franklin Street, Crystal Lake, IL 60014 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 25 S Virginia St
Date
Details
Price
Change
Source
3/15/2024
Sold
$255,786
-14.45%
MLS
2/06/2024
Price Reduced
$299,000
-14.33%
MLS
12/13/2023
Price Reduced
$349,000
-12.73%
MLS
11/10/2023
Price Reduced
$399,899
—
MLS
10/04/2023
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
25 S Virginia Street, Crystal Lake, IL 60014 (MLS# 11900722) is a Commercial property that was sold at $255,786 on March 15, 2024. Want to learn more about 25 S Virginia Street? Do you have questions about finding other Commercial 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.

