131 N Main St, Crystal Lake, IL
Two single-tenant buildings totaling 8,394 SF on 0.25 acres.
- Added:
- Jul 10, 2025
- Days on Market:
- 362
- Last Refresh:
- May 19 at 8:54 pm
Property Features for 131 N Main St
General Information
- Standard status
- Active
- Size
- 8,394 SF
- Lot size
- 7,128.00 Acres
- Property subtype
- RETAIL
Listing office Blue Chip Commercial (815) 355-0196
Listing date Jul 10, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Blue Chip Commercial
HighLights
- Excellent Investment Opportunity
- Located in Downtown Crystal Lake
- Two adjacent single‑tenant buildings totaling 8,394 SF
- Situated on 0.25 acres
- Two separate parcels each with own tax bill
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $125.9k | $15.00 |
| − Vacancy | −$10.2k | −$1.22 |
| EGI | $115.7k | $13.79 |
| − OpEx | −$34.7k | −$4.14 |
| NOI | $81.0k | $9.65 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Mayfield Flowers — 171 S Main St Unit B, Crystal Lake, IL 60014
- Northwest Florist — 4 Crystal Lake Plaza, Crystal Lake, IL 60014
Location Insight
- Map
- Local Demand
- City
- Crystal Lake
- County
- McHenry
- State
- Illinois
- Longitude
- -88.3142
- Latitude
- 42.2732
