Property for Sale: 6704 Pingree, Crystal Lake, IL 60014

$3,300,000
$3,300,000
6704 Pingree, Crystal Lake, IL 60014
$3,300,000
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Price:
$3,300,000
$100,000 - 07/12/2024
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Lot Size 5.60 acres
Year Built 1957
City Crystal Lake
County Mc Henry
MLS 11987569
Status Active Under Contract
MULTI-TENANT INDUSTRIAL 100% LEASED 96,070 SF 100% leased 96,070 SF multi-tenant building on 5.6 acres. Masonry main building with 13,680 sf steel add on section. Three 2000 amp services, multiple drive in doors, 5 docks, ceilings vary, office areas vary. Built in 1957 with multiple additions. Upside potential by raising rents and adding separate gas and electric meters. Double capacity wet sprinklers. Partially air conditioned. Additional building site at signalized intersection that could be re-zoned and split off for commercial use. Note: Owner will lease back Unit 8 at $5 psf. Ask for rent roll and operating statement. 7.6% cap rate using 5% vacancy plus significant upside.

Lot & Building Features

Construction Brick, Steel Siding
Cooling Central Air
Tax Year 2023
Lot Dimensions IRREGULAR

Price History of 6704 Pingree, Crystal Lake, IL

Date Name Price Difference
07/12/2024 Price Adjustment $3,300,000 2.94%
05/21/2024 Price Adjustment $3,400,000 5.56%
12/31/1969 Listing Price $3,600,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Inquire about this property

Photo of Carol Molnar
Direct: 708-227-3388
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Premier Commercial Realty, Bruce Kaplan & Shari Haefner
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6704 Pingree (MLS #11987569) is a commercial listing located in Crystal Lake, IL. This is a commercial listing with a lot of 243,936 sqft (or 5.60 acres). This property was listed on 02/22/2024 and has been priced for sale at $3,300,000.

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

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Premier Commercial Realty