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Retail Investment Property
For Sale
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Pending

5899 Northwest Hwy, Crystal Lake, IL 60014

For sale retail property featuring a 7% cap rate and 12,111 SF of space.

Property Size12,111 SF
Days on Market117

Property Features for 5899 Northwest Hwy

General Information

Standard status Pending
Size 12,111 SF
Property subtype Retail

Additional Details

Cap Rate 7%
Listing Agency: Greenstone Partners
Listed By: AJ Patel · License #475.190820
Source: Crexi
Added: Apr 11 Changed: Jul 20 Last Checked: Aug 5 at 1:44PM

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 Greenstone Partners

Investment Insights

Based on property information with market context.

Retail space offered for sale at 5899 Northwest Hwy in Crystal Lake, IL. The property is marketed with a stated 7% cap rate and totals 12,111 SF.

This offering is positioned as an income-oriented retail asset under the provided transaction terms, with the overall configuration summarized by the total square footage.

Key Highlights

  • Retail property for sale offering a 7.00% cap rate
  • 12,111 SF retail space

Property Analytics

Current Use

Retail space

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.

Location Intelligence

Trade Area within ½ mile

1,204
Businesses Nearby
501k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 23% Groceries 22% Superstores 19% Shops & Services 18%
Sam's Club Superstores
93,387 visits/mo 0.4 miles
Jewel-Osco Groceries
56,908 visits/mo 0.3 miles
T.J. Maxx Apparel
49,316 visits/mo 0.3 miles
Burlington Apparel
44,868 visits/mo 0.3 miles
Mariano's Groceries
40,088 visits/mo 0.5 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property featuring a 7% cap rate and 12,111 SF of space.
Where is this retail space located?
The property is located at 5899 Northwest Hwy Crystal Lake, IL.
What are key features of this property?
This property features: Retail property for sale offering a 7.00% cap rate; 12,111 SF retail space
(312) 234-0371 Call to check price and availability
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