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Approved Retail Center Development
For Sale
$260,000

454 West Terra Cotta Avenue, Crystal Lake, IL 60014

Approved plans include an 8-unit retail center with a drive-through lane and parking for 48 vehicles.

Property Size10,671 SF
Price / SF$24.37
Days on Market136

Property Features for 454 West Terra Cotta Avenue

General Information

Standard status Active
Size 10,671 SF
Total Parking Spaces 48
Property subtype Land
Zoning COMMR

Additional Details

Office Units 8

Taxes and HOA fees

Annual Taxes $4,618
Listing Agency: Keller Williams Success Realty
Listed By: Miranda Alt · License #475170211
Source: Compass
Added: Apr 10 Changed: Aug 23 Last Checked: Jul 23 at 3:22PM

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 Keller Williams Success Realty

Investment Insights

Based on property information with market context.

This offering includes all civil engineering and architectural drawings for a proposed 10,671-square-foot, 8-unit retail center. City approvals are already in place for the project, including a drive-through lane and an overall site plan showing 48 parking stalls.

The development is positioned at 454 W Terra Cotta Ave in Crystal Lake, Illinois. For additional details on the drawings and project scope, please contact the broker directly.

Key Highlights

  • 10,671 SF 8‑unit retail center with approved plans and all civil engineering and architectural drawings included
  • City approvals already in place for the retail center
  • Approved site plan includes a drive‑through lane

Property Analytics

Current Use

Commercial land

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

8
Office units

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Approved plans include an 8-unit retail center with a drive-through lane and parking for 48 vehicles.
Where is this commercial land located?
The property is located at 454 West Terra Cotta Avenue Crystal Lake, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 10,671 SF 8‑unit retail center with approved plans and all civil engineering and architectural drawings included; City approvals already in place for the retail center; Approved site plan includes a drive‑through lane
More about this property
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