Corner Industrial Land
For Sale
$245,000
Lot 11 Mitchell Court, Crystal Lake, IL 60014
1.3-acre industrial land parcel in the Lakeview Business Center with corner frontage on Rakow and Mitchell Ct.
Property SizeContact for details
Lot Size1.30 Acres
Days on Market28
Property Features for Lot 11 Mitchell Court
General Information
Standard status
Active
Lot size
1.30 Acres
Property subtype
Land or Vacant Lot
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$7,006
Listing Agency:
PREMIER COMMERCIAL REALTY
(847) 854-2300
Listed By:
BRUCE KAPLAN · License #475075614
Source:
Corcoran
Added: Jul 24
Changed: Aug 19
Last Checked: Aug 20 at 5:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PREMIER COMMERCIAL REALTY
Investment Insights
Based on property information with market context.
This offering is a 1.3-acre industrial land parcel in the Lakeview Business Center. The site is described as a corner location with frontage on Rakow and Mitchell Ct. The property also notes offsite detention.
The location is identified as being off Rakow Rd, one block from the Rt 31 Walmart. The remarks also indicate Crystal Lake would consider re-zoning for retail use. Association dues are currently stated as $353.02 per year, and buyers are directed to review the covenants and restrictions.
Given the existing industrial land classification and the stated re-zoning consideration for retail, the site may be suitable for industrial or office development as presented in the remarks.
The location is identified as being off Rakow Rd, one block from the Rt 31 Walmart. The remarks also indicate Crystal Lake would consider re-zoning for retail use. Association dues are currently stated as $353.02 per year, and buyers are directed to review the covenants and restrictions.
Given the existing industrial land classification and the stated re-zoning consideration for retail, the site may be suitable for industrial or office development as presented in the remarks.
Key Highlights
- 1.3‑acre industrial land parcel in the Lakeview Business Center off Rakow Rd
- Corner location with frontage on Rakow Rd and Mitchell Ct
- Lakeview Business Center site one block from the Rt 31 Walmart
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,099
Businesses Nearby
Explore this area
Business Placement
Demographics for 60014, IL
48,275
Population
18,135
Households
2.7
Avg Household Size
40
Median Age
42%
College-Educated
94%
High-School Grad
25.1 sq mi
ZIP Area
1,923
Density / Sq Mi
$104,657
Median Household Income
$50,805
Median Earnings
$1,429
Median Rent
$296,100
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial land - 1.3-acre industrial land parcel in the Lakeview Business Center with corner frontage on Rakow and Mitchell Ct.
Where is this industrial land located?
The property is located at Lot 11 Mitchell Court Crystal Lake, IL.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 1.3‑acre industrial land parcel in the Lakeview Business Center off Rakow Rd; Corner location with frontage on Rakow Rd and Mitchell Ct; Lakeview Business Center site one block from the Rt 31 Walmart
