Property for Sale: 6419 Lou, Crystal Lake, IL 60014

$1,250,000
$1,250,000
6419 Lou, Crystal Lake, IL 60014
$1,250,000
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Price:
$1,250,000
$250,000 - 05/17/2024
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Lot Size 1.84 acres
Year Built 1977
City Crystal Lake
County Mc Henry
MLS 11858246
Status Active Under Contract
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.

Lot & Building Features

Construction Steel Siding
Cooling None
Tax Year 2023
Lot Dimensions 80150 ft

Price History of 6419 Lou, Crystal Lake, IL

Date Name Price Difference
05/17/2024 Price Adjustment $1,250,000 16.67%
12/31/1969 Listing Price $1,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Bill Biros
Bill Biros
Broker/Owner
Direct: 708-237-7711
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Premier Commercial Realty, Bruce Kaplan & Heather Schweitzer
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6419 Lou (MLS #11858246) is a commercial listing located in Crystal Lake, IL. This is a commercial listing with a lot of 80,150 sqft (or 1.84 acres). This property was listed on 08/11/2023 and has been priced for sale at $1,250,000.

Nearby zip codes are 60012, 60013, 60102, 60140 and 60156. This property neighbors other cities such as Algonquin, Cary, Lake In The Hills, Lakewood and Pingree Grove.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Premier Commercial Realty