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Renovated Two-Story Office Building
For Lease
$17 SF/Yr

651 West Terra Cotta Avenue, Crystal Lake, IL 60014

Renovating now, this two-story office property offers customizable suites with on-floor restrooms and abundant parking.

Space Size656 SF - 1,445 SF
Property Size23,242 SF
Days on Market91

Property Features for 651 West Terra Cotta Avenue

General Information

Standard status Active
Size 656 SF - 1,445 SF
Property subtype Office & Medical Suites
Lease Term Gross

Building Details

Building Size 23,242 SF
Year Built 1985

Spaces For Lease

at 651 West Terra Cotta Avenue Contact us

651 W Terra Cotta Ave., Suite 131, Crystal Lake, IL, 60014 $17 – $21/SF/Yr

Size
1,445 SF
Type
Medical
Term
Negotiable
Contact us

651 W Terra Cotta Ave., Suite 201, Crystal Lake, IL, 60014 $17 – $21/SF/Yr

Size
1,125 SF
Type
Office Building
Term
Negotiable
Contact us

651 W Terra Cotta Ave., Suite 219, Crystal Lake, IL, 60014 $17 – $21/SF/Yr

Size
770 SF
Type
Office Building
Term
Negotiable
Contact us

651 W Terra Cotta Ave., Suite 220, Crystal Lake, IL, 60014 $17 – $21/SF/Yr

Size
740 SF
Type
Office Building
Term
Negotiable
Contact us

651 W Terra Cotta Ave., Suite 221, Crystal Lake, IL, 60014 $17 – $21/SF/Yr

Size
656 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: Premier Commercial Realty
Listed By: Michael Deacon · License #475113064
Source: Premiercommercialrealty
Added: Jun 7 Changed: Sep 4 Last Checked: Sep 5 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Realty

Investment Insights

Based on property information with market context.

This two-story, masonry office building is undergoing complete exterior and interior renovation. Multiple office configurations are available, including several smaller individual offices and traditional office suites ranging from 550 to 1,450 SF. Prior to occupancy, each space will be customized and upgraded to meet a tenant’s specifications, with separate male and female bathrooms located on each floor. Limited storage is available on the lower level.

The property is located at a high-traffic intersection of Routes 14 and 176 in northwest Crystal Lake. Access is supported by an elevator in the expansive main lobby, along with a stairwell at all three entrances, helping provide straightforward ingress and egress. A security timer controls access during evening hours and on weekends.

The building’s mix of small offices and larger suites, combined with on-floor restrooms and on-site parking for 100+ unreserved vehicles, can fit a range of office users seeking a renovated work environment. Limited lower-level storage should be considered when planning file or equipment needs.

Key Highlights

  • Two‑story masonry office building at the high‑traffic intersection of Routes 14 and 176 in northwest Crystal Lake
  • Renovating now with complete exterior and interior updates
  • Office suites range from 550 to 1,450 SF, including small individual offices and larger suite options

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Barber Shop Hotel & Motel Carpet & Flooring Store Locksmith Electrical Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby

Demographics for 60014, IL

48,275
Population
18,135
Households
2.7
Avg Household Size
40
Median Age
42%
College-Educated
94%
High-School Grad
25.1 sq mi
ZIP Area
1,923
Density / Sq Mi
$104,657
Median Household Income
$50,805
Median Earnings
$1,429
Median Rent
$296,100
Median Home Value

Market

Lease Benchmarks for Crystal Lake, IL

$15.42 /SF/Yr
Avg Asking Price
$10–$24 /SF/Yr
Price Range
2,093 SF
Avg Space Size

This space is priced 10% above the average of $15.42 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Renovating now, this two-story office property offers customizable suites with on-floor restrooms and abundant parking.
Where is this office units located?
The property is located at 651 West Terra Cotta Avenue Crystal Lake, IL.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Two‑story masonry office building at the high‑traffic intersection of Routes 14 and 176 in northwest Crystal Lake; Renovating now with complete exterior and interior updates; Office suites range from 550 to 1,450 SF, including small individual offices and larger suite options
More about this property
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