Contact us: 563.441.1776
Description
Owner financing available. Gross income 63K terms negotiable. Looking for HIGH visibility? 17K traffic count - Built in 2016, this versatile Wicks commercial building offers an excellent combination of offices, kitchen, conference room, shop storage and parking spaces with flexibility for a variety of business uses. 2 offices, conference room or 3rd office, 2BA (1FULL) and laundry hook ups. Two offices are located on the main level while the spacious upstairs office measures approx 33' x 16'. The property also provides parking for approx 40 parks, Triple Basin Drains, 2-DID. The spacious shop area is designed to accommodate large vehicles, including large tow trucks. The concrete floor and lift area is approximately 6-7 inches thick and was designed to support heavy, automated automotive lifts and equipment. Please note that the existing lift vehicles are not included with the sale. The property offers multiple storage areas and substantial additional attic storage. Extra building features include ceiling fans, and foam insulation at the roof. Exterior improvements include electric and drain hook up suitable for a motorhome/RV. The building saw very limited use prior to the current business occupying the property around 2025. Ideal for an owner-user investor seeking a flexible commercial facility. Buyer to verify permitted permitted uses and zoning requirements with the Village. Currently leased. Buyer and Buyers agents to verify square footage, etc.
Property Highlights
Property Type: Commercial - Industrial
Building Description: 2.0 stories
Year Built: 2016
General Information
County: McHenry
Listed By:
Keller Williams North Shore West
847-383-6600
MRED MLS
MLS ID: 12729489
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217 W State Road, Island Lake, IL 60042.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,125,000 | $1,125,000 | $1,125,000 |
| Down Payment | $39,375 | $0 | $225,000 |
| Monthly Mortgage Amount | $6,891 | $7,264 | $5,689 |
| Taxes | $1566 | $1566 | $1566 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $675 | $0 | $0 |
| Monthly Estimated Total | $9,460 | $9,158 | $7,583 |
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