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    145 S Virginia St Crystal Lake, IL

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    For Lease
    $1,350 /Mo ($12 SF/Yr)

    Office suite with reception, offices, waiting room, and bath.

    Property size:
    1,320 SF
    Lot size:
    0.69 Acres

    Property Features for 145 S Virginia St

    General Information

    Size
    1,320 SF
    Lot size
    0.69 Acres

    Source: Premier Commercial Realty Agent Mike Deacon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Crystal Lake Office Space Available

    This property is located on Route 14, the main corridor of Crystal Lake, which sees average daily traffic of over 20,000 vehicles. Suite A, located on the main level, offers 1,150 square feet of front office space. The suite includes a reception area, four private offices, a bonus waiting room, and a private bath. The landlord is willing to repaint the suite to accommodate a new tenant. The gross rent is $1,372 per month, with the tenant responsible for separately metered utilities. The owner will consider a partial rent abatement for a lease term of three years or more.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Gym & Fitness Wholesale Shop Accounting Firm Hotel & Motel Bar & Pub Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crystal Lake
    County
    McHenry
    State
    Illinois
    Longitude
    -88.314212
    Latitude
    42.2731962

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    FAQs

    What type of property is this?
    Office space - Office suite with reception, offices, waiting room, and bath.
    Where is this office space located?
    The property is located at 145 S Virginia St Crystal Lake, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Route 14 with over 20,000 vehicles per day.; - Move-in ready with landlord repainting suite for new tenant.; - Functional layout with reception area, 4 private offices, waiting room, and private bath.
    (815) 814-6500
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    145 S Virginia St Crystal Lake, IL
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