$1,250,000
6419 Lou ST Crystal Lake, IL 60014
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$1,250,000
Est. payment /mo
27,693 SqFt
Active Under Contract
6419 Lou ST Crystal Lake, IL 60014
UPDATED:
09/23/2024 01:08 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 27,693 sqft
Price per Sqft $45
MLS Listing ID 11858246
Year Built 1977
Annual Tax Amount $54,114
Tax Year 2023
Lot Size 1.840 Acres
Lot Dimensions 80150
Property Description
204 Self Storage Units-partially leased undermanaged self storage project with 6 buildings of 3500+ sf each totaling 27,693 sq ft on 1.84 acres. Current income only $30684/yr due to lack of attentiveness. Needs a new lease-up program. Potential annual income in excess of $187,000. Some deferred maintenance. Steel and frame construction. Algonquin Township Assessor has assessed this at $1,763,300 per tax bills. Unit mix: 53-5x10;60-10x10;88-10x20;2-10x30. 5 paying outdoor parking spaces. 1 leased shed. 6 multi-tenant industrial buildings also available separately for $2,250,000. Additional address for this property is 6210 Official Drive. Other PINS are 09-08-227-009 and 014.
Location
State IL
County Mchenry
Area Crystal Lake / Lakewood / Prairie Grove
Zoning MANUF
Interior
Cooling None
Fireplace N
Building
Dwelling Type Industrial
Level or Stories 1
Structure Type Steel Siding
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Bruce Kaplan • Premier Commercial Realty
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