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    1201 Crystal Lake Road

    Lake In The Hills, IL 60156
    • $325,000
    • STATUS: Active
    • ON SITE: 67 days
    • MLS #: 11096570
    UPDATED: 200 min ago
    $325,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Excellent investment opportunity! Or B2 zoning, business location! Seller is retiring from his appliance repair business that has been in very successful 26 years! We are selling the business and all contacts, service contracts, parts and equipment. 1200 square foot shop with bathroom. 2 bedroom rental house on site. provides additional income or live and work on site.(Zoning to B1 change needed for $500.00 per village). Owner will stay on for 6 months to assist in helping get off the ground if needed. We will sell building separately, however not at this immediate time. We will take offers. We want to give any one interested in all first. Great for small business looking for a great location. Updating is needed in both rental shop. New roof on house 2020, and business serviced and secured 2020. House is currently leased for 6 months at $950 per month, inclusive of water and sewer. Tenants would like to stay and know rent is low. Close to Randall and Rt. 62 Algonquin rd. Next to Lake In The Hills Police dept. House and shop valued at $225,000. Business valued at $100,000. Buy all and we ask $315,000

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-07-27T23:52:22.403 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1201 Crystal Lake Road Lake In The Hills, IL 60156

    • Price: $325,000
    • Status: Active
    • Updated: 200 min ago
    • MLS #: 11096570
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Lake in the Hills
    County:
    McHenry
    Area:
    Lake in the Hills
    Property Description
    Excellent investment opportunity! Or B2 zoning, business location! Seller is retiring from his appliance repair business that has been in very successful 26 years! We are selling the business and all contacts, service contracts, parts and equipment. 1200 square foot shop with bathroom. 2 bedroom rental house on site. provides additional income or live and work on site.(Zoning to B1 change needed for $500.00 per village). Owner will stay on for 6 months to assist in helping get off the ground if needed. We will sell building separately, however not at this immediate time. We will take offers. We want to give any one interested in all first. Great for small business looking for a great location. Updating is needed in both rental shop. New roof on house 2020, and business serviced and secured 2020. House is currently leased for 6 months at $950 per month, inclusive of water and sewer. Tenants would like to stay and know rent is low. Close to Randall and Rt. 62 Algonquin rd. Next to Lake In The Hills Police dept. House and shop valued at $225,000. Business valued at $100,000. Buy all and we ask $315,000
    Exterior Features

    Approx Land Sq Footage 1200 Location CornerMixed Use Area Outdoor Parking 6-12 SpacesPaved Parking Total 7 Waterfront YN No

    Interior Features

    Cooling Window Unit(S) Electric Separate Meters Heat Ventilation Forced AirGas

    Property Features

    Additional Parcels YN No Adj Net Income Year 2020 Adjusted Net Income 40000 Annual Rent For Real Estate 10800 Business Age 11+ Years Business Name Guaranteed Appliances Business Type Service/Misc.Retail Corporate Limits Lake in The Hills Cost Of Goods Sold 40000 Cost Of Goods Year 2020 Existing Lease Type N/A General Information Show-Special Instructions48-Hr Notice Required Gross Payroll 42685 Gross Payroll Year 2020 Gross Profit 100000 Gross Profit Year 2020 Gross Sales Ann Year 2020 Gross Sales Annual 140000 Inventory 20000 Inventory Year 2020 Known Encumbrances None Known Leaseable Area Units Square Feet Lot Size .25-.49 Acre Lot Size Dimensions 104X147X104X147 Net Operating Income Year 2020 Net Profit 80000 Number Of Full Time Employees 1 Operating Expense 20233 Property Offered For Sale Only Real Estate Included YN Yes Sale Includes LandBuildingBusinessEquipmentInventoryCustomer ListOwner Will Train Sales Taxes 0 Sales Taxes Year 2020 Tax Annual Amount 5109 Tax Year 2019 Tenant Pays Sewer Total Operating Expenses Year 2020 Type Bus / Bus W/Real Est Type Of Lease None Unincorporated YN No Utilities Electric To SiteGas To SiteSanitary SewerWater-MunicipalWater To Site Zoning Other

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Brokerocity Inc.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-07-27T23:52:22.403 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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