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    5540 Hwy NW Crystal Lake, IL

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    For Lease
    Contact for pricing

    33,326 SF retail space in high-traffic Crystal Lake area.

    Property size:
    33,326 SF
    Lot size:
    25.63 Acres

    Property Features for 5540 Hwy NW

    General Information

    Size
    33,326 SF
    Lot size
    25.63 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Brendan Reedy

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

    Overview

    Retail Space in Crystal Lake

    Located in the heart of the Crystal Lake retail trade area, this property offers 33,326 square feet of available space. The location provides excellent visibility and multiple access points from Northwest Highway, which sees over 27,000 vehicles per day. Current tenants include Target, Kohl’s, Five Below, Fresh Thyme, and Planet Fitness.
    Location Intelligence

    Current Use by Public Records

    Shopping 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?
    Shopping center - 33,326 SF retail space in high-traffic Crystal Lake area.
    Where is this shopping center located?
    The property is located at 5540 Hwy NW Crystal Lake, IL.
    What are key features of this property?
    This property features: - Located in the heart of the Crystal Lake retail trade area.; - Excellent visibility and multiple access points from highly traveled Northwest Highway.; - Join Target, Kohl’s, Five Below, Fresh Thyme, Planet Fitness, and more.
    (630) 954-7327
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    5540 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
    5540 Hwy NW Crystal Lake, IL
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