Crystal Lake, IL 60014,6419 Lou Street
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Crystal Lake, IL 60014,6419 Lou Street
Crystal Lake, IL 60014,6419 Lou Street
Crystal Lake, IL 60014,6419 Lou Street

$1,000,000

Est. payment /mo

$1,250,000

20.0%
Est.Price: ?

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6419 Lou Street Crystal Lake, IL 60014

27,693 SqFt

SOLD DATE : 11/05/2024

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 27,693 sqft

Price per Sqft $36

MLS Listing ID 11858246

Sold Date 11/05/24

Year Built 1977

Annual Tax Amount $54,114

Tax Year 2023

Lot Size 1.840 Acres

Lot Dimensions 80150

Property Description

204 Self Storage Units-partially leased undermanaged self storage project with 6 buildings of 3500+ sf each totaling 27,693 sq ft on 1.84 acres. Current income only $30684/yr due to lack of attentiveness. Needs a new lease-up program. Potential annual income in excess of $187,000. Some deferred maintenance. Steel and frame construction. Algonquin Township Assessor has assessed this at $1,763,300 per tax bills. Unit mix: 53-5x10;60-10x10;88-10x20;2-10x30. 5 paying outdoor parking spaces. 1 leased shed. 6 multi-tenant industrial buildings also available separately for $2,250,000. Additional address for this property is 6210 Official Drive. Other PINS are 09-08-227-009 and 014.

Location

State IL

County Mchenry

Zoning MANUF

Interior

Cooling None

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Steel Siding

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Listed by Bruce Kaplan • Premier Commercial Realty
Bought with Bruce Kaplan • Premier Commercial Realty

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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