6704 Pingree Road, Crystal Lake, IL, 60014

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$3,300,000
304 Days On Site

6704 Pingree Road
Crystal Lake, IL 60014

For Sale|Industrial|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
96,070
SqFt
$34
/SqFt
1957
Built
County:
McHenry
Listing Courtesy of MRED as distributed by MLS Grid of Premier Commercial Realty

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6704 Pingree Road6704 Pingree Road6704 Pingree Road6704 Pingree Road
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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. 7.6% cap rate using 5% vacancy plus significant upside.

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Listing Snapshot
Price 
$3,300,000
Days On Site 
304 Days
Bedrooms 
N/A
Inside Area (SqFt) 
96,070 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
5.6 Acres
Year Built 
1957
MLS® Number 
11987569
Status 
Active Under Contract
Property Tax 
$61,378
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoStatus changed to Active Under Contract
5 months agoPrice changed to $3,300,000
10 months agoListing first seen on site
General Features
Acres 
5.6
Additional Property Use 
Industrial
Foundation 
Concrete Perimeter
Number Of Stories 
1
Property Sub Type 
Industrial
SqFt Total 
96070
Water Source 
Public
Zoning 
MANUF
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
Flooring 
Concrete
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Exterior Features
Construction Details 
BlockBrickMetal SidingSteel Siding
Roof 
Membrane
Community Features
MLS Area 
Crystal Lake / Lakewood / Prairie Grove
Township 
Algonquin
Listing Courtesy of MRED as distributed by MLS Grid of Premier Commercial Realty



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. 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.
Data last updated: 2024-10-30 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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