108 N Walkup Ave, Crystal Lake, IL
Two-story office building near Metra station available for lease.
- Added:
- Sep 23, 2025
- Days on Market:
- 260
- Last Refresh:
- May 20 at 8:56 pm
Property Features for 108 N Walkup Ave
General Information
- Standard status
- Active
- Size
- 2,288 SF
- Lot size
- 8,388.61 Acres
- Property subtype
- OFFICE
Properties For Sale
at 108 N Walkup Ave Contact us
Listing agent Shari Haefner License #475075614 (312) 671-3600
Listing office Premier Commercial Realty (847) 854-2300
Listing date Sep 23, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Realty
HighLights
- Close proximity to Crystal Lake Metra commuter station.
- R‑O (Residential/Office) zoning allows either or both uses.
- 2,288 SF two‑story vintage office building.
- Includes a 2‑car garage with walkup loft (with purchase only).
- Half‑acre site with 8 paved parking spaces.
- Basement for storage.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.0k | $24.48 |
| − Vacancy | −$13.9k | −$6.10 |
| EGI | $42.1k | $18.38 |
| − OpEx | −$10.5k | −$4.60 |
| NOI | $31.5k | $13.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Crystal Lake
- County
- McHenry
- State
- Illinois
- Longitude
- -88.3142
- Latitude
- 42.2732
