CRYSTAL LAKE rent to own home - a commercial property ( beds, baths)

For sale or lease. This automotive property is a great opportunity for an owner user. Occupy one or more of the 4 units and lease the rest o offset or cover most of your mortgage! Currently owner occupied with one tenant in place and the other two units being used for storage. Unit 1 is approximately 3680 sf and features 4 bays with four 12' x 12' overhead doors, a shop office, reception area and waiting room, two bathrooms, led lighting and a 24' x 26' mezzanine above the office - can be leased for 5597/mo. Unit 2 is approximately 2240 sf and features room for up to 5 lifts, one 12' x 12' overhead door, one 10' x 12' overhead door, 1 bathroom, 2 offices and a reception area - can be leased for 2800/mo. Unit 3 is approximately 1760 sf and features room for up to 4 lifts, one 10' x 12' overhead door, one 12' x 12' overhead door and one bathroom - can be leased for 2200/mo. Unit 4 is approximately 1920 sf, tenant occupied and features two 12' x 12' overhead doors. There are trench drains and unit heaters in all units. Each unit also has ventilation to the outside in the ceiling. Gas and electric is separately metered. The shop equipment is not included in the sale/lease price but c...

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Brokerage: Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) , 230 E State St., Geneva, IL60134
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