101 Virginia St Crystal Lake, IL 60014-3426
- Commercial real estate
- 23,126 SF
- 1.24 lot acres
Jan 10, 2025
Current Use by Public Records
- Commercial real estate
Property Details for 101 Virginia St
- Year built
- 1980
- Lot size
- 1.24 lot acres
- Property size
- 23,126 SF
- Property type
- Commercial real estate
- APN
- 14-31-476-035
- APU
- 1431476035
Description
This attractive two-story, 23,088 square foot brick office building is situated on Route 14 at a signalized intersection in Crystal Lake, McHenry County (APN: 14-31-476-035). The property boasts beautiful mature landscaping and ample parking with 70 spaces. Built in 1980, the building features 10-foot ceilings and offers multiple suite options, with a minimum divisible space of 290 square feet and a maximum contiguous space of 1,420 square feet. The zoning is O. Available suites range in size and configuration, including options with private offices, reception areas, copy/storage rooms, and even a private bath in one executive suite. Landlord pays for air conditioning; tenants are responsible for electric heat and outlets. Common bathrooms are conveniently located on each floor. The building includes a security alarm system and auxiliary electric baseboard heaters. Suite sizes and lease rates vary. Suite 220 (440 sq ft) is $725/month gross. Suite 230 (1214 sq ft) is $1517.50/month modified gross (includes a tax stop). Suite 240B (290 sq ft) is $375/month gross (pro-rated utilities). Suite 290 (1420 sq ft) is $2000/month modified gross (includes a tax stop). Year one rent quoted includes current year tax stop ($2.85 psf) on suites 230 and 290. This is a professional, positive work environment ideal for various businesses. The lot size is 53,840 square feet.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,500,000
- ML approach
- $1,635,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,669,000
Market price range: $1.17M - $4.30M
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Location Insight
- Map
- Local Demand
- City
- Crystal Lake
- County
- Mchenry
- State
- Illinois
- Longitude
- -88.3415
- Latitude
- 42.2438
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA