2615 Three Oaks Road Active

Cary,IL 60013

$ 1799000

- Bed

- Bath

18434 SqFt


Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 18,434 sqft

Price per Sqft $97

MLS Listing ID 12201990

Year Built 1998

Annual Tax Amount $31,261

Tax Year 2023

Lot Size 1.860 Acres

Lot Dimensions 1.86 ACRE

Property Description

Silver Lake Professional Building. 2-story masonry office building currently 77% leased. 13 tenants ranging from 160 SF to 3,822 SF with 3 vacancies ranging from 160SF to 1,688 SF. First floor includes common break room, conference room and bathrooms on each floor. Elevator equipped, ample parking and monument signage. Northwestern Medicine and Cary Grove Dental are anchor tenants. Offered at a 9% cap rate based on in place income. Current owner has made $394,000 of upgrades in the last three years. Located next to the Cary Post Office overlooking Jaycee Park pond. Seller is a licensed real estate broker. Seller is a licensed real estate broker. Contact Broker for Rent Roll and Operating Statement.

Location

State IL

County Mchenry

Zoning COMMR

Interior

Cooling Central Air

Flooring Carpet,Tile,Varies

Fireplace N

Exterior

Utilities Available Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal

View Y/N true

Roof Type Composition

Building

Foundation Concrete Perimeter

Structure Type Brick

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