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18,434 SqFt
$ 1,799,000
Est. payment | /mo
18,434 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
Area Cary / Oakwood Hills / Trout Valley
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
Roof Type Composition
Building
Dwelling Type Office/Tech
Level or Stories 2
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Bruce Kaplan • Premier Commercial Realty
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Sanjay Marathe
REALTOR® | Lic# 475168373