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SOLD
$145,000
Date 01/27/2022

230 Florence Street
Crystal Lake, IL 60014

Office, Business Opportunities
Commercial
1,830
Sq. Ft.
0.2
Acre Lot
Courtesy: HomeSmart Connect LLC

Description for 230 Florence Street Crystal Lake, IL 60014

Agent Websites> Illinois> Crystal Lake> 60014
Great investment opportunity!!! Cash flows from day 1!! Owners-User/Investors! This standalone office building ideal for small business owner/user! Income presently generating $12,467/yr. Building has been impeccably maintained with several recent improvements including a new staircase to the basement. 2006 - new roof, A/C , furnace, and entire duct system replaced. 2008 - new chimney. 2017 - Front appearance improved by redoing the whole front porch and replacing the cedar siding and insulation and windows wrapped with aluminum. 6 existing tenants. Minutes from CBD of Crystal Lake and just off busy Route 14. Could also be converted back into a single family home if re-zoned. Cap rate is 7.84%!

Property Details

11221676
Office, Business Opportunities, 2 Story
Mc Henry
1882
0.2 Acres
2
Cedar,Frame
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Courtesy: HomeSmart Connect LLC
Listings courtesy of MRED as distributed by MLS GRID

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Century 21 Universal Real Estate
7300 N. Western Ave. Chicago, IL 60645
Phone: 773-465-0300
Email: [email protected]

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