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    240 Commerce Dr Crystal Lake, IL

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    For Sale
    Contact for pricing

    Retail property featuring two investment-grade tenants in Crystal Lake, IL.

    Property size:
    11,084 SF
    Lot size:
    8,388.61 Acres

    Property Features for 240 Commerce Dr

    General Information

    Size
    11,084 SF
    Lot size
    8,388.61 Acres

    Source: AQRE Advisors Agent Kyle Simon

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

    Overview

    Retail Property with Investment Grade Tenants

    The property is a retail space occupied by two tenants: Addus Healthcare, a provider of home care and support services serving over 40,000 patients per week across more than 200 locations, and Action Behavioral Center, which operates over 160 behavioral healthcare locations nationwide. The property is located in an area with affluent demographics, indicated by an average household income of $113,727 within a 2-mile radius. The population within a 10-mile radius is 325,564. Both tenants have leases featuring above-market annual rental increases of 3%. The property has a size of 11,084 square feet and is located at 240 Commerce Dr, Crystal Lake, IL.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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?
    Retail space - Retail property featuring two investment-grade tenants in Crystal Lake, IL.
    Where is this retail space located?
    The property is located at 240 Commerce Dr Crystal Lake, IL.
    What are key features of this property?
    This property features: - Two Investment Grade Tenants: Addus Healthcare and Action Behavioral Center.; - Above Market Annual Rental Increases: 3% for both tenants.; - Affluent Demographics: Average household income of $113,727 within a 2-mile radius.
    (248) 921-6730
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    240 Commerce Dr 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
    240 Commerce Dr Crystal Lake, IL
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