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$529,900
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Property Description
6,264 sf (4 contiguous industrial condos) currently used as 1,566 SF office /showroom/warehouse with 1,200 SF mezzanine above (not included in the SF) and 4,740 SF clear span shop with triple basin trench drains, 4 Drive in Doors, 16'-18' ceilings, exhaust system. Ideal for auto repair or a multitude of industrial or recreational uses. Sale or lease. SBA financing available with as little as 10% down. Association dues total $333.33/mo. (or $1,000/yr. per unit- total $4,000/yr.) or $0.64 psf. Algonquin township has this assessed at $592,000 so taxes may be reduced. Current tenant (a gymnastics business) can be out in 60 days or less. For sale at $84.59 psf or Lease at $9.95 psf Gross. (CAM and taxes included in rent).
Full Property Details
Full Property Details for 732 Tek Dr #E-H
General
- Sold For: $529,900
- Taxes: $16,878 (2022)
- Status: Closed
- Type: Commercial Residential Facility
- Source: MRED
- MLS ID: 11939217
- Added to Site: 864 day(s) ago
Interior
- Interior Features: Accessible Entrance, Accessible Washroom/s, Overhead Door(s), Private Restroom(s), Storage Inside
- Flooring: Carpet, Concrete, Tile, Varies
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 19 to 30 Spaces, Common Parking, Lighted, Open, Paved, Private Lot
Location
- Area: Crystal Lake / Lakewood / Prairie Grove
- County: Mc Henry
- Driving Directions: FROM RT 14 AND RT 31, GO SOUTH ON RT 31 TO TEK DRIVE.WEST ON TEK TO PROPERTY
- Location Details: Northwest Suburban, Commercial Business Park
Heating & Cooling
- Cooling Type: Central Air Conditioning, Office Only
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water
Structural Information
- Construction: Block
- Exterior Const.: Block
- Foundation: Concrete Perimeter
- Roof: Metal
- Drive-In Doors: 4
- Sub-Flooring: Carpet, Concrete, Tile, Varies
- Stories/Levels: 1
- Square Feet: 12,500
- Current Bldg. Use: Condominium, Other
- Office: 1,200 Sq. Ft.
- Year Built: 1997
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Dimensions: CONDO
- Frontage: City Street
- Drainage: Floor Drains
- Potential Use: Condominium, Industrial
- Zoning: INDUS
Financial Considerations
- Lease Price: $10
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1997
- Tax Amount: $16,878
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger
Disclosures and Reports
- Documents Avail.: Covenants/Restrictions, Legal-Description, Floor Plan, Existing Survey, Tax Bill, Backup Package
- Property ID: 1910308005
Listed by Premier Commercial Realty
Sold by Premier Commercial Realty
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Schools
Schools serving 732 Tek Dr #E-H
School Districts:Community High School District 155, Crystal Lake Community Consolidated School District 47
| Name | Grades | Distance |
|---|---|---|
Canterbury Elementary School, Crystal Lake, IL 875 Canterbury Drive, Crystal Lake, IL 60014 | K-5 | 1.3 mi |
Hannah Beardsley Middle School 515 East Crystal Lake Avenue, Crystal Lake, IL 60014 | 6-8 | 1.7 mi |
Crystal Lake Central High School 45 West Franklin Street, Crystal Lake, IL 60014 | 9-12 | 2 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 732 Tek Dr #E-H
Date
Details
Price
Change
Source
2/13/2024
Sold
$529,900
—
MLS
12/01/2023
Price Increased
$529,900
4.93%
MLS
11/30/2023
Listed
$505,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
732 Tek Drive #E-H, Crystal Lake, IL 60014 (MLS# 11939217) is a Commercial Residential Facility property that was sold at $529,900 on February 13, 2024. Want to learn more about 732 Tek Drive #E-H? Do you have questions about finding other Commercial Residential Facility 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.

