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2615 Three Oaks Road

Cary, IL 60013
  • $1,799,000
  • STATUS: Active
  • ON SITE: 108 Days
  • MLS #: 12201990
UPDATED: 43 min ago
$1,799,000
  • 0
    BEDS
  • 1.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1998
County:
Area:

School Ratings & Info

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.

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© 2025 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 Ani Real Estate. Based on information submitted to the MRED as of 2025-02-18T17:06:17.857 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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2615 Three Oaks Road Cary, IL 60013

  • Price: $1,799,000
  • Status: Active
  • On Site: 108 Days
  • Updated: 43 min ago
  • MLS #: 12201990
0
Beds
0
Baths
0
½ Baths
1.86
Acres
1998
Built
Neighborhood:
Mchenry
County:
Mchenry
Area:
Mchenry
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.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 51-100 SpacesLightedOpenPavedPrivate Lot Roof Composition Roof Structure Pitched

Interior Features

Cooling Central Air Flooring CarpetTileVaries Heat Ventilation Forced AirGas Miscellaneous Inside Elevator/s FreightAccessible EntranceAccessible Washroom/sInside Corridor/sMulti-TenantPublic Restroom/s Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 26-35 Years Building Area Total 18434 Built Before1978 YN No Electric Circuit BreakersSeparate MetersService - 101 to 200 Amps Fire Protection Sprinklers-Wet Geographic Locale Northwest Suburban Gross Income 267198 Gross Scheduled Income 265682 Leasable Area 0 Mls Actual Status Active Net Operating Income 160773 Number Of Tenants 13 Operating Expense 106425 Ownership Types Limited Liability Corp Possible Use CommercialOffice and Research Property Offered For Sale Only Property Sub Type Office Tax Annual Amount 31261 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 22140 Township Algonquin Type Office/Tech Utilities Electric to SiteGas to SiteSanitary SewerWater-Municipal Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Premier Commercial Realty: 847-854-2300.


© 2025 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 Ani Real Estate. Based on information submitted to the MRED as of 2025-02-18T17:06:17.857 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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