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6419 Lou Street,  Crystal Lake IL, 60014

(Active)
$1,500,000
|
27,693 sqft
|
MLS# 11858246
Last Updated: 5/8/2024 4:55 PM
Description for 6419 Lou Street Crystal Lake, IL 60014
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 $26,209/yr due to lack of attentiveness. Needs a new lease-up program. Potential annual income in excess of $187,000. Some deferred maintenance. Steel construction. Algonquin Township Assessor has assessed this at $1,591,668 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 $2,400,000. Additional address for this property is 6210 Official Drive. Other PINS are 09-08-227-009 and 014.
Price
$1,500,000
McHenry
27,693 (approx)
11858246
Active
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 $26,209/yr due to lack of attentiveness. Needs a new lease-up program. Potential annual income in excess of $187,000. Some deferred maintenance. Steel construction. Algonquin Township Assessor has assessed this at $1,591,668 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 $2,400,000. Additional address for this property is 6210 Official Drive. Other PINS are 09-08-227-009 and 014.
Listing Information
Property Type: Industrial, Business Opportunities, 1 Story
1.84 Acres 27,693 (approx) 1977
1 Metal
Algonquin//
Concrete Perimeter
203 Total
Neighborhood
Room Information
Interior Features
None
Exterior / Lot Features
Metal
80150
MANUF
Driving Directions
Rt 14 to Teckler Blvd. South on Teckler to Lou, one block more to Official Drive
Financial Considerations
1908227003
$50,243
Listing Price History

Crystal Lake Real Estate

Crystal Lake is located in Illinois. Crystal Lake, Illinois 60014 has a population of 39,114.

The median household income in Crystal Lake, Illinois 60014 is $91,394. The median household income for the surrounding county is $87,114 compared to the national median of $66,222. The median age of people living in Crystal Lake 60014 is 40 years.

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Courtesy: Premier Commercial Realty
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/8/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 5/8/2024 4:55 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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