Fantastic Investment Opportunity in Fox Lake! Located at 512 & 514 Park Ave, this mixed-use property offers endless potential for savvy investors. With a list price of $1,100,000, this turnkey opportunity is not to be missed. Situated on a spacious 3/4-acre lot, this property features 76 lease-able slips, with a total of 94 permitted slips for boating enthusiasts. The convenience of floating docks means easy maintenance, and access is controlled by a key system. Adjacent to the renowned Famous Freddie's Roadhouse, this location offers great exposure and endless possibilities. In addition to the marina, there is a charming rental home on-site, generating substantial income as a short-term rental. Boasting two bedrooms, hardwood floors, lake views, and a 25x25 barn with a cement floor, this home adds tremendous value to the property. With its commercial zoning (B-4), this property can be utilized for a variety of purposes. The potential for a hobby operation and minimal management exposure make this a truly unique opportunity. Don't miss out on this rare chance to own a lucrative investment property in the heart of Fox Lake. Call today for more information and to schedule a viewing!
For sale or lease: 2,617 SF free standing office building near downtown Crystal Lake and Veterans Acres Park and walking distance from the Train Station. Large reception area, waiting area, cubicle/bullpen area, 4 private offices (one with private full bath) and 2 additional bathrooms. Lots of windows providing tons of natural light throughout. Walkout level with 2 professional conference rooms, each with its own private entrance. Additional storage in the basement. Furnace /utility room sprinklered. In addition to being located at a signalized intersection, the lot has private parking, beautiful landscaping and monument signage facing Route 176. Ideal for attorneys, counselors, insurance, real estate, accounting, or many other professional businesses. OWNER WILL CONSIDER FINANCING FOR QUALIFIED BUYER.
INVESTMENT OPPORTUNITY * 23,088 SF OFFICE BUILDING 8.7% CAP RATE * 11.5% 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. 11.5 % Proforma CAP rate with 5% vacancy factor. Current 8.7 % CAP with 22.5% vacancy. Ask broker for confidential operating statement and rent roll.
Stately brick and concrete office building located right in the heart of downtown Fox Lake on Grand Avenue in front of the village hall, across from a shopping center and walking distance to the commuter train. Priced far less than assessed value, last appraisal, and replacement cost. Includes two lots with potential to build another building. Approximately a half acre of land with over 30 parking spots. Newer boiler and water heater. Currently occupied by a law firm and a state representative. Taxes were reduced by $2,000 last year. Great opportunity for either an owner/ user or an investor! It is possible to add residential above the office space as well.
SELLER FINANCING AVAILABLE! Located in the Fox Lake downtown area, this fantastic opportunity to own a pool hall and bar with both a liquor and package license has presented itself. Property is 7,880 sf with one of the largest patio dining spaces in Fox Lake. Current owner has updated with new rolled rubber roof on pool hall (3 years), new siding (2022), new tankless water heater (3 years), new bathrooms (4 years), and new patio (3 years). The kitchen equipment has been updated with new prep cooler, new ice machine, and 2 new freezers. The interior houses two bars, one in the pool hall and the other in the dining room, with a separate gaming area alongside the main bar. The business has a full service food license, liquor license, gaming license, and packaged liquor license. Multiple revenue streams for this property include: Video Gaming, Food Sales, Liquor Sales, Packaged Liquor Sales, Owned ATM, and owned Pool Tables. All trade fixtures are included. Business is still in operation, confidential do not contact employees.
High Profile Commercial Building Situated Along Northwest Highway. Mixed Use Neighborhood with National & Reputable Independent Restaurants Nearby. Rear Employee Parking Lot. Rear Service Door. Affluent Population with Average Household Income Exceeding $96,000 Within 3 Mile Radius
FULL ACCESS CORNER. GREAT LOCATION ON BUSY ROUTE 176. BUILDING IS 1260 SQFT. MULTIPLE PIN NUMBERS 15-19-330-001 ZONED B-1 AND 15-19-330-019 ZONED R-1. 15-19-332-003 Zoned R-1 GREAT FOR DRIVE-THRU RESTAURANT. ROOF APPROX 5 YEARS OLD.
Excellent location off of Rt. 14, Close to downtown. Currently used as Dental / Foot Clinic. Great opportunity for small Business, Drive through potential. Building has a waiting room, receptionist office, 4 exam rooms, and 2 bathrooms plus partial basement.
BUSINESS ZONED B-2, HIGH TRAFFIC, GREAT EXPOSURE! AVAILABLE FOR MULTI PURPOSE BUSINESS. OVERSIZED, DEEP LOT ON VIRGINIA RD. (aka ROUTE 14) SOLID, VINTAGE, ALL BRICK STRUCTURE, 2 STORY, UNFINISHED BASEMENT WITH PLENTY OF STORAGE. SUBJECT LOCATED IN TIF DISTRICT TO SPUR ECONOMIC DEVELOPMENT. SIGHT WOULD ALSO ACCOMODATE NEW COMMERCIAL CONSTRUCTION. HIGH VISIBILITY LOCATION WITH MARQUE SIGN. Owner holds a real estate Broker's license.
Incredible Potential!! This property offers a prime opportunity for redevelopment or continued use in its current state. B3 Zoning this approximately 7,800 SF 3-story Dairy Barn has updated wiring, furnace and air conditioning, bathroom, laundry and newer maintenance-free metal roof. The 1.24-acre parcel is situated on state highway (Rte 173) frontage with good visibility and excellent traffic, it holds potential for various commercial purposes. The large parking area adds to its appeal for businesses requiring ample space. It's ready for an owner's immediate use or customization to suit different commercial needs. It would make a great location for a pet kennel! The surrounding area's mix of businesses, including the Harvard Veterinary Clinic, Farmers Insurance, and the Harvard Moose Family Center, further enhances its attractiveness for potential investors or occupants. Interested parties need to note that the property is an Estate Sale and is being sold AS-IS. LA must accompany showings.
End Unit Professional or Medical Office (build out required) Suite E: 2,056 SF located in Crystal Lake's desirable Northwest Professional Center, this beautiful condo end unit has three walls of windows. Can be built out to accommodate any professional or medical uses. Convenient parking located directly adjacent unit. Tenant improvement allowance negotiable for qualified tenant.
MULTI-TENANT INDUSTRIAL 100% LEASED 96,070 SF 100% leased 96,070 SF multi-tenant building on 5.6 acres. Masonry main building with 13,680 sf steel add on section. Three 2000 amp services, multiple drive in doors, 5 docks, ceilings vary, office areas vary. Built in 1957 with multiple additions. Upside potential by raising rents and adding separate gas and electric meters. Double capacity wet sprinklers. Partially air conditioned. Additional building site at signalized intersection that could be re-zoned and split off for commercial use. Note: Owner will lease back Unit 8 at $5 psf. Ask for rent roll and operating statement. 7.96% cap rate using 5% vacancy.
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.
USER / INVESTOR 6 BUILDING PORTFOLIO / 16 UNITS 16 Industrial rental units in 6 separate pole buildings, some rented, some not (see rent rolls). Ideal for user/investor at $62 psf. Existing tenants are flexible-some may be willing to extend leases. 12-16' ceilings, 2.59 acres total. 16 drive in doors. M-PUD zoning. Multiple addresses and multiple PINs.
12 BUILDING INDUSTRIAL PORTFOLIO 6 MULTI TENANT INDUSTRIAL BUILDINGS 6 SELF STORAGE BUILDINGS PRICE REDUCED. Investment play - portfolio of 12 Industrial buildings consisting of 204 self storage units plus 6 multi-tenant pre-engineered steel industrial buildings with partial occupancies. Owner would ideally like to sell as a package. May have some re-development potential. City water/sewer nearby but currently on well and septic. Ask for rent rolls. See attached buildings summary. Built between 1955 and 1989 on 4.43 acres. Total building size is 68,069 SF.
For sale or lease. This automotive property is a great opportunity for an owner user. Occupy one or more of the 4 units and lease the rest to offset or cover most of your mortgage! Currently owner occupied with one tenant in place and the other two units being used for storage. Unit 1 is approximately 3680 sf and features 4 bays with four 12' x 12' overhead doors, a shop office, reception area and waiting room, two bathrooms, led lighting and a 24' x 26' mezzanine above the office - can be leased for 5597/mo. Unit 2 is approximately 2240 sf and features room for up to 5 lifts, one 12' x 12' overhead door, one 10' x 12' overhead door, 1 bathroom, 2 offices and a reception area - can be leased for 2800/mo. Unit 3 is approximately 1760 sf and features room for up to 4 lifts, one 10' x 12' overhead door, one 12' x 12' overhead door and one bathroom - can be leased for 2200/mo. Unit 4 is approximately 1920 sf, tenant occupied and features two 12' x 12' overhead doors. There are trench drains and unit heaters in all units. Each unit also has ventilation to the outside in the ceiling. Gas and electric is separately metered. The shop equipment is not included in the sale/lease price but could be available separately.
Free Standing All Brick Commercial Building Situated on Virginia Road. Investment Opportunity. 5 year lease in place commencing February 1st 2023. Mixed Use Neighborhood with National & Reputable Retailers/Restaurants Nearby. Rear Employee Parking Lot | 16 Spaces. Includes Private Offices, Reception Area, Open work Space, Kitchenette. Affluent Population with Average Household Income Exceeding $101,978 Within 2 Mile Radius
Great Opportunity to house your business and your family! This multi building complex features newer 4,000 sf metal building (built 2007), 2 bedroom ranch with basement and separate 1,100 sf garage. Currently Rapp Supply (custom golf carts/repair) but endless uses. Warehouse distribution, income property, retail sales, resale shop, plumbing, kitchen/bathroom display, granite shop, flooring store, mixed use, etc...Busy Grand Avenue location with high visibility. Can't reproduce buildings and land at this price. Shop will WOW you with heated floors (3 zones), large display showroom, two overhead doors and heavy load concrete floors!! Home can be used as rental or house employees. Store classic cars in detached garage or make it a man cave! Ample parking on concrete and asphalt area. Mechanicals in good shape. On sewer and private well! Seller looking to retire after many successful years of operation. Golf Cart repair business available for extra $$$ Do not disturb employees. Call LO for showing instructions. Prior deal fell through due to CUP requirements.
Live / Work Industrial Property 4,147 SF House 3,000 SF Converted Barn 2,300 SF Storage Bldg. 19 acres zoned Office/Research/Industrial. 4.59 acres contains a 4,147 SF 3-4 bdrm, 3 bath hillside ranch home with 2.5 car garage and 14.65 acres contains a 3,000 SF converted barn used as a commercial printing operation plus a 2,300 SF frame storage structure with 4 garage doors. Ideal for a live/work operation. Value is in the land, 10 acres of which is currently being farmed to keep taxes down. City water in front of property. Owner might consider a lease. Zoning allows horses (riding and boarding) and nursery/greenhouse with special use permit. PRICE REDUCED!!
LOCATION! Excellent visibility on Route 120 - Zoned B-3. Perfect location for retail, office, and many more. This unit has 1820 SQ Ft of space. The unit includes a reception area, executive office, conference room, kitchen, 2 office cubicles, call center room, file room, in-unit restrooms & storage area. Ready for your business! Please see Volo Zoning Ordinance under Additional Information
FREE STANDING HIGH END OFFICE/SHOWROOM INDUSTRIAL BUILDING This is a 9,750 SF steel building on .92 AC with ample parking. The 3,000 SF office consists of a reception area, 4 offices, a large conference room, smaller meeting room, kitchenette and 2 bathrooms. Most of the furniture can be included. The 6,750 SF showroom/warehouse is climate controlled with a lounge area, new epoxy floors, five overhead doors, a bathroom and storage room. Ideal for manufacturing uses with high end office and showroom needs. Recent Building Updates: * New office with raised ceiling height and fresh paint * New carpet and LVT flooring throughout the office * High end conference room * Large kitchenette * Updated lighting throughout the building * Epoxy floors in showroom/warehouse. * 5 new overhead drive-in doors (varying sizes)
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