FOR SALE
INDUSTRIAL BEAUTY
10,000 SF
4901 Prime Parkway, McHenry
Freestanding masonry building with 1,120 SF office, 22' ceilings, 2 docks, DID, and expandable 1.82 acre lot. $650,000.
Click here for more info
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FOR SALE
BANK-OWNED OFFICE CONDO
980 E. Oak,
Lake in the Hills
625 SF single story office condo with private entrance and handicap bath. Ideal for insurance, accountant, or attorney. Only $75,000.
Email Bruce Kaplan
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FOR SALE or LEASE
WOODSTOCK OFFICE
2030 Seminary, Woodstock
12,000 SF single story office buidling near Courthouse on Rt. 47. Includes built-out basement on 1.7 acres. Monument signage. $995,000 (sale); $8 psf net (lease).
Email Heather Schweitzer
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FOR SALE
INDUSTRIAL CONDO
1146 Ensell Rd.,
Lake Zurich
8,000 SF Class A industrial condo in Lake Zurich Industrial Park, 1,862 SF office. 12x14' DID, Mezzanine. $599,000.
Email Joe Heffernan
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Contact our Brokers for more information:
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PCR IS ALWAYS LOOKING FOR GREAT AGENTS!
If you're interested in joining our long-established commercial real estate firm and working with other successful agents and an excellent support staff, we'd like to talk to you! We're known for our team spirit and camaraderie among our agents, and we're looking for motivated individuals who will fit into our team. Call Bruce Bossow at 847-854-2300, ext. 12, for a confidential chat.
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| Featured Article |
From Bruce Bossow's Desk: Change for the Better
It's a changing world and the way we do business has to keep up with new technology. PCR has taken "giant steps," taking advantage of available cyber tools. Check out our brand new, "user friendly" website, www.PremierCommercialRealty.com.We are pleased to announce the addition of two new agents: Tina Kropke and Mike Williamson.
 Tina first joined PCR in 1998, and has now rejoined our team, bringing with her over 25 years of commercial real estate experience, specializing in investment sales and brokerage. She has the CCIM (Certified Commercial Investment Manager) designation, and is pursuing her Accredited Land Consultant (ALC) designation, giving her expertise in land sales, investments and acquisitions. Mike  is a 2013 graduate of the University of Iowa, and received a degree in interdepartmental Studies of Business. He got his brokers' license last year, and will work with our seasoned agents to learn commercial real estate. He's a two-time Northwest Herald Tennis Player of the Year, has had extensive leadership training, and is very excited to be embarking on an entrepreneurial path. Another change we just adopted was in our website name. Our previous URL was, we decided, not as easy to remember or use as we would like. So, we have gone to our full company name as our website name - this eliminates the guessing game. Our agents all have new email addresses as well - contact your agent at (first name) (last initial) @PremierCommercialRealty.com. |
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SOLD
100-102 N. River St. East Dundee
6,560 SF 2-story bar w/restaurant.
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SOLD
705 S. Rt. 31,
West Dundee
4,000 SF retail condo
Sold for $400,000
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SOLD
31W240 Rt. 58, Elgin
8.74 acres
Sold for $220,000
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LEASED
1520 S. Randall Rd.,
Algonquin
8,824 SF restaurant
Leased for
$11.44 psf net
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WHAT MOST IRA CUSTODIANS DON'T WANT YOU TO KNOW
Bruce Kaplan, Premier Commercial Realty
Many of our clients have planned for retirement by investing in traditional IRAs, 401Ks or SEP IRAs. Most of these vehicles are composed of mutual funds, stocks or bonds that are recommended by your custodian (stock broker). If you've been paying attention to the progress or growth of your retirement account, you may not be too impressed given the historic ups and downs of the stock market. You may not be confident that your money will be available to you when you need it most.
You may be surprised to know that you, and not some distant stock broker choose your IRA's investments. Most investors are unaware of this opportunity because their IRA custodians do not offer anything other than traditional investments. Most of these custodians do not want you to know you have an option to buy real estate (and even businesses!) for your IRA and enjoy all the benefits real estate has to offer.
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Kelleher & Buckley, LLC
Selling a business is one of the most important financial occurrences in a business owner's lifetime. Selling a business should be a planned and controlled process of making a business desirable, marketable and purchasable. The actual sale transaction is just a part of the whole selling process. The secret to netting the most value from the sale of a business is for business owners to carefully manage and nurture the business while taking the proper steps and time to prepare for sale. Mindful consideration of the following may be helpful to attain greater success by way of preparation:
1. Form a Team of Professionals: Business owners are experts in operating businesses - not in preparing businesses for sale.
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SMALL LEASES, BIG OFFICE VACANCY IN SUBURBS
Ryan Ori, ChicagoBusiness.com
After opening 2014 with just one lease larger than 50,000 square feet, landlords in suburban Chicago are back to where they were a year earlier.
Lacking large new deals, overall suburban vacancy ticked up a notch during the first uarter of the year to 24.4 percent, the same as it was a year earlier, according to Chicago-based Jones Lang LaSalle Inc.
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NEW CRE LOANS HIT ALL-TIME HIGH
Mark Heschmeyer, Co-Star Group
During the fourth quarter of 2013, commercial and multifamily mortgage originations were strong, boosting mortgage debt outstanding to a new all-time high.
In fact, the fourth quarter marked the highest volume of commercial and multifamily mortgage originations since 2007, with all investor groups increasing their activity, according to the Mortgage Bankers Association's just-released 2013 Data Book.
The level of commercial/multifamily mortgage debt outstanding reached $41.2 billion, or 1.7%, over the previous quarter.
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