- Investment Sold
- 540 East Terra Cotta Avenue, Crystal Lake, IL 60012.
- Price: $1,750,000
- 17,228 sq. ft.
- 9.1% CAP Rate ( Proforma)
- Bank Owned
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.