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    5260 Hwy NW Crystal Lake, IL

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    For Sale
    $4,069,000

    Fully occupied retail strip with national tenants in Crystal Lake.

    Property size:
    12,836 SF
    Lot size:
    2.24 Acres

    Property Features for 5260 Hwy NW

    General Information

    Size
    12,836 SF
    Lot size
    2.24 Acres

    Source: SRS Real Estate Partners | Chicago Agent Dan Elliot

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

    Overview

    Retail Strip Investment Opportunity

    This is an opportunity to acquire a fee simple interest in a four-tenant retail strip investment property located in Crystal Lake, Illinois. The property is 100% occupied by nationally recognized brands. FedEx recently executed an early 10-year renewal, demonstrating commitment to the site. FedEx and Panda Express feature additional 5-year options to further extend their lease. Three of the four tenants have scheduled rental increases in place. The property has a weighted average lease term of 4.5 years. The property contains 12836 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Crystal Lake
    County
    McHenry
    State
    Illinois
    Longitude
    -88.314212
    Latitude
    42.2731962

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    FAQs

    What type of property is this?
    Strip mall - Fully occupied retail strip with national tenants in Crystal Lake.
    Where is this strip mall located?
    The property is located at 5260 Hwy NW Crystal Lake, IL.
    What is the asking price?
    The asking price for this property is $4,069,000.
    What are key features of this property?
    This property features: - 100% Occupancy with Nationally Recognized Brands (FedEx, Panda Express); - FedEx Recently Executed Early 10-Year Renewal, Demonstrating Long-Term Commitment; - Weighted Average Lease Term of 4.5 Years Provides Limited Short-Term Rollover Investment
    (312) 972-7978
    Request Owner's contact information
    5260 Hwy NW Crystal Lake, IL
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    Crystal Lake, IL
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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
    5260 Hwy NW Crystal Lake, IL
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