SOLD Investment Strip Center

Overview

  • Investment Sold
  • 540 East Terra Cotta Avenue, Crystal Lake, IL 60012.
  • Price: $1,750,000
  • 17,228 sq. ft.

Highlights

  • 9.1% CAP Rate ( Proforma)
  • Bank Owned

INVESTMENT OPPORTUNITY
STRIP CENTER

Neighborhood strip center on busy Route 176. 6 current tenants plus 2 vacant units, currently being marketed by broker.

Proforma CAP Rate of 9.1%. Bank owned. Recent MAI appraisal on file at $2,090,000 as-is.

Ask broker for rent roll and operating statement.

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