Search
BP Gas Station Retail Space
For Sale
Contact for pricing

281 Virginia St, Crystal Lake, IL 60014

Retail property with on-site parking and a 1987 construction date.

Property Size2,045 SF
Lot Size0.52 Acres
Days on Market144

Property Features for 281 Virginia St

General Information

Standard status Active
Size 2,045 SF
Lot size 0.52 Acres
Property subtype Retail
Net Operating Income $145,288

Additional Details

Cap Rate 6.36%

Building Details

Year Built 1987
Parking Ratio 2.01 per 1,000 SF
Listing Agency: Cross Country Commercial Realty Inc.
Listed By: George Gavalas · License #NY10311208861
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:36PM

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 Cross Country Commercial Realty Inc.

Investment Insights

Based on property information with market context.

This BP gas station is a retail property with 2,045 SF of gross leasable area on a 0.52-acre lot. Constructed in 1987, the building is classified as Class C and includes on-site parking with a 2.01/1.000 SF parking ratio.

The property is located at 281 Virginia St in Crystal Lake, Illinois, within the 60014 ZIP code. Financial metrics include a 6.36% cap rate.

Key Highlights

  • BP gas station configured as a retail property
  • 2,045 SF of gross leasable area
  • 0.52‑acre lot at 281 Virginia St

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

1,099
Businesses Nearby
453k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 28% Apparel 26% Groceries 25% Electronics 9%
Jewel-Osco Groceries
56,908 visits/mo 0.1 miles
T.J. Maxx Apparel
49,316 visits/mo 0.4 miles
Burlington Apparel
44,868 visits/mo 0.4 miles
Mariano's Groceries
40,088 visits/mo 0.4 miles
Best Buy Electronics
39,522 visits/mo 0.2 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail property with on-site parking and a 1987 construction date.
Where is this retail space located?
The property is located at 281 Virginia St Crystal Lake, IL.
What are key features of this property?
This property features: BP gas station configured as a retail property; 2,045 SF of gross leasable area; 0.52‑acre lot at 281 Virginia St
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message