284 W Virginia Street Crystal Lake, IL ^$ 295,000

284 W Virginia Street

^$ 295,000

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284 W Virginia Street

Crystal Lake, IL, 60014

^$ 295,000

Studio Baths0.0 Sq 1,842

Monthly Estimate*

^$ 1,961

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Studio

Commercial Property for sale in Crystal Lake, IL

for $295,000. This 1,842 square foot building was built in 1928 on a lot size of 0.46.

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.

Commercial Contingent

Price

^$ 295,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,649

Style

Office

Lot Size

0.46

Year Built

1928

Town/City

Crystal Lake

County/Region

McHenry

MLS | Web ID

12037256

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Water to Site Well Private

Possession Closing

Zoning OFFIC

Construction Materials Brick

Year Built 1928

Electric Circuit Breakers

Tenant Pays Other

Stories 2

Township Algonquin

Property SubType Office

Tax Year 2022

Current Use Office

Gross Income 0

County McHenry

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Office/Tech

Contingency Attorney/Inspection

Possible Use Office and Research

Status Contingent

Directions HWY 14 SE OF MCHENRY AVE TO VIRGINIA PROPERTY OF EAST SIDE OF STREET

City Crystal Lake

MLS Area Crystal Lake / Lakewood / Prairie Grove

Lot Size Square Feet 20101

Street Name Virginia

Tax Annual Amount 10649

Additional Parcels Y/N N

Leasable Area 1842

Days on Market 30

Lease Type N/A

Standard Status Active Under Contract

Exterior

Foundation Details Concrete Perimeter

Building Area Total 1842

Lot Dimensions 100.14 X 200

Lot Size Acres 0.46

Frontage Type US Highway

Exterior Brick

Interior

Street Suffix Street

* Excluded Features

List By

Re/Max At Home

Broker

tbellino1@aol.com

Affordability Calculator

$2,848

Per Month

Monthly Principal & Interest: $1,961
Monthly Property Taxes: $887
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Crystal Lake, IL

Average List Price ^$1,000,700

Percent of Sale Price 239%

About Crystal Lake, IL

39,160 Population

2% Since 2002

^$82,263 Median Income

38.88 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/23/2024	$295,000		Listed Price

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284 W Virginia Street, Crystal Lake, IL, 60014 is a Commercial Property for sale at $295,000 with 1,842 sqft and a lot size of 0.46. 284 W Virginia Street is a studio with 0.0 baths and was built in 1928. The property's zip code is 60014 which is in Crystal Lake, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/31/2024.

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284 W Virginia Street

Commercial Property for sale in Crystal Lake, IL

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