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Office Spaces with Atrium
For Lease
$10 SF/Yr

490 NW COVENTRY Lane #115, Crystal Lake, IL 60014

Three office spaces available for lease with ample parking.

Space SizeContact for details
Days on Market1226

Property Features for 490 NW COVENTRY Lane #115

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1985
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES STARCK REAL ESTATE
Listed By: JACK MINERO · License #475127381
Source: Corcoran
Added: Apr 11, 2023 Changed: Aug 8 Last Checked: Aug 8 at 2:54PM

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 BERKSHIRE HATHAWAY HOMESERVICES STARCK REAL ESTATE

Investment Insights

Based on property information with market context.

Three office spaces are available for rent, offering 3,100 square feet, 1,552 square feet, and 900 square feet respectively. The spaces feature two restrooms, three private entrances, and 24-hour access. Ample parking is available. The property includes an attractive space with an atrium. Lease rates start at $10 per square foot, and the lease includes taxes, insurance, and common area maintenance. The primary occupant is Dr. Greg Kubik, an orthodontist.

Key Highlights

  • Multiple office spaces available: 3,100 SF, 1,552 SF, and 900 SF options.
  • Attractive space with atrium.
  • Lease includes taxes, insurance, and CAM.

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
$1.50 /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

$16.48 /SF/Yr
Avg Asking Price
$10–$34.5 /SF/Yr
Price Range
2,803 SF
Avg Space Size

This space is priced 39% below the average of $16.48 /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
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Frequently Asked Questions

What type of property is this?
Office units - Three office spaces available for lease with ample parking.
Where is this office units located?
The property is located at 490 NW COVENTRY Lane #115 Crystal Lake, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Multiple office spaces available: 3,100 SF, 1,552 SF, and 900 SF options.; Attractive space with atrium.; Lease includes taxes, insurance, and CAM.
More about this property
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