$242,000
$256,760
5.7%For more information regarding the value of a property, please contact us for a free consultation.
1,450 SqFt
SOLD DATE : 11/05/2024
Key Details
Sold Price $242,000
Property Type Commercial
Sub Type Office/Tech
Listing Status Sold
Purchase Type For Sale
Square Footage 1,450 sqft
Price per Sqft $166
MLS Listing ID 11769166
Sold Date 11/05/24
Year Built 1947
Annual Tax Amount $7,178
Tax Year 2021
Lot Size 9,147 Sqft
Lot Dimensions 9000
Property Description
Tired of leasing office space? If so consider this standalone (converted house) office building, a former insurance office, for your business and build equity instead of paying rent! 1st Floor with reception area, 2 offices, kitchenette, bathroom, 2nd floor 2 office areas, bathroom and basement (1940's vintage some seepage). Standard Commercial Loan will run approximately $2100/month P&I including taxes w/25% Down, or we can introduce you to SBA Financing with 10% Down. This is an ideal location, plenty of exposure on busy RT22 in Lake Zurich, for Legal, Accounting, Medical or a Retail Business! Private parking in back. Owner will also consider a lease/purchase option at $24/sf Modified Gross lease, includes base rent & taxes. Contact Joe H with questions and to schedule your site visit.
Location
State IL
County Lake
Area Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Zoning COMMR
Interior
Cooling Central Air
Flooring Carpet, Wood
Fireplace N
Exterior
Roof Type Composition
Building
Level or Stories 2
Structure Type Wood Frame
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Bought with Maureen Forgette • Century 21 Integra
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