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460 Coventry Lane, Crystal Lake, IL 60014

$495,000 Contingent

  • For Sale
  • Contingent
  • Commercial
  • 70 Parking Spaces
  • Updated 13 days ago
460 Coventry Lane, Crystal Lake, IL 60014View this property at 460 Coventry Lane, Crystal Lake, IL 60014
460 Coventry LaneCrystal LakeIL60014

Property Description

Two-story, 17,920 SF building for sale and for lease. Building is currently 20% leased. Reduced asking price is $495,000, or less than $28 per SF. A perfect value add opportunity for the savvy investor. Tenant spaces are available for lease at a base rent of $8.00 per SF plus $4.58 per SF for taxes, CAM, and utilities. Office suites lease range from 450 SF to 6,000 SF. Most suites have private bathrooms. Site has more than ample parking and the building has a full service elevator.

Full Property Detailsfor 460 Coventry Lane

General

  • Price: $495,000
  • Status: Contingent
  • Type: Commercial
  • MLS ID: 08405797
  • Updated: 4/10/2018
  • Added: 1, 731 day(s) ago

Property History

  • 460 Coventry Lane, Crystal Lake, IL
  • Reduced to $495,000 on 10/23/17
  • Reduced to $895,000 on 11/4/16
  • Listed at $1,050,000 on 11/14/15

Additional Information

  • Security/Safety: Other

Parking

  • Total Spaces: 70

Location

  • Area: Crystal Lake / Lakewood / Prairie Grove
  • County: Mc Henry
  • Township: ALGONQUIN
  • Driving Directions: From intersection of Rt 14 / McHenry Ave go east approx 1/4 mile to Coventrym turn right, go to seco

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Structural Information

  • Exterior Const.: Brick
  • Aprox. Leasable: 450 - 6000 Sq. Ft.
  • Year Built: 1974
  • Built Before 1978: Yes
  • Remodeled/Updated: 2018

Unit Information

  • # Tenants: 3

Lot Features

  • Lot Size (Acres): 1.1
  • Zoning: OFFIC

Financial Considerations

  • For Sale/Rent/Lease: For Rent Only
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electric, Heat, Janitorial, Real Property Taxes, Insurance, Repairs and Maintenance, Scavenger, Water/Sewer

Disclosures and Reports

  • Ownership: Land Trust

Listed by RVG Commercial Realty

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Schools

Schoolsserving 460 Coventry Lane

School District:Crystal Lake Ccsd 47, Community High School District 155
School Name
Grades
Distance
Coventry Elementary School
820 Darlington Ln, Crystal Lake, IL 60014
K-5
0.8 mi
Hannah Beardsley Middle School
515 East Crystal Lake Ave, Crystal Lake, IL 60014
6-8
1.7 mi
Crystal Lake Central High School
45 West Franklin Street, Crystal Lake, IL 60014
9-12
0.7 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 460 Coventry Lane

Listed by RVG Commercial Realty

460 Coventry Lane, Crystal Lake, IL 60014 (MLS# 08405797) is a Commercial property. 460 Coventry Lane is currently listed for $495,000 and was received on July 27, 2013. Want to learn more about 460 Coventry Lane? 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.