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    440 W Virginia St Crystal Lake, IL

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    For Sale
    $450,000

    High-profile commercial building suitable for single tenant or investor.

    Property size:
    5,195 SF
    Lot size:
    0.19 Acres

    Property Features for 440 W Virginia St

    General Information

    Size
    5,195 SF
    Lot size
    0.19 Acres

    Source: Blue Chip Commercial Agent Tim Billimack

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

    Overview

    Northwest Highway Commercial Building

    This high-profile commercial building is situated along Northwest Highway. It is ideal for single tenant occupancy, an end user/investor, or an investor. The property features a rear employee parking lot and a rear service door. The surrounding area is a mixed-use neighborhood with national and reputable independent restaurants. The area has an affluent population, with the average household income exceeding $96,000 within a 3-mile radius. The property size is 5,195 square feet.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    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.

    Similar Places Nearby

    Northwest Florist

    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?
    Storefront property - High-profile commercial building suitable for single tenant or investor.
    Where is this storefront property located?
    The property is located at 440 W Virginia St Crystal Lake, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - High profile commercial building on Northwest Highway.; - Ideal for single tenant occupancy, end user/investor, or investor.; - Affluent population with high average household income.
    (815) 355-0196
    Request Owner's contact information
    440 W Virginia St 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
    440 W Virginia St Crystal Lake, IL
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