2615 Three Oaks RD Active

Cary,IL 60013

$ 1799000

- Bed

0 Bath

18434 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

Investment Opportunity 18,434 SF 2-Story Office Building w/ Heavy Medical Tenancy 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 . Northwestern Medicine and Cary Grove Dental are anchor tenants. Offered at a 8.9% 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 with Electric monument signage. 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

View More
Favorite Go Tour