101 N VIRGINIA Street
Crystal Lake, IL 60014

INVESTMENT OPPORTUNITY * 23,088 SF OFFICE BUILDING 8.2% CAP RATE * 10.9% PROFORMA CAP RATE Attractive multi-tenant 2-story brick corporate office building on Route 14 in Crystal Lake at signalized intersection. Anchor tenant is Chicago Title and Trust. New roof in 2017. Mature landscaping and 70 car parking. Tenants pay electric heat and outlets. Landlord pays for air conditioning. Auxiliary electric baseboard heaters throughout. 10.9 % Proforma CAP rate with 5% vacancy factor. Current 8.2 % CAP with 18% vacancy. Ask broker for confidential operating statement and rent roll.