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Office Space in Crystal Lake
For Lease
$10 SF/Yr NNN

500 COVENTRY Lane #120, Crystal Lake, IL 60014

Second floor office space available for rent.

Space SizeContact for details
Lot Size2.75 Acres
Days on Market851

Property Features for 500 COVENTRY Lane #120

General Information

Standard status Active
Lot size 2.75 Acres
Property subtype Commercial

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1980
Listing Agency: PREMIER COMMERCIAL REALTY
Listed By: HEATHER SCHWEITZER · License #471019756
Source: Corcoran
Added: Apr 23, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:11AM

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 PREMIER COMMERCIAL REALTY

Investment Insights

Based on property information with market context.

The available office space, Suite 270, is located on the second floor of a two-story building and is accessible via an elevator. The suite measures 1,827 square feet and features an interior entrance from a common hallway. The layout includes an open reception/waiting area, six private offices, and an open work area. Common restrooms are available. The total monthly cost, including NNN, is $2,756. The building features a two-story atrium with natural light and a seating area. CAM includes heat and A/C. The property is located within Coventry Corporate Center.

Key Highlights

  • Move‑in ready 1,827 SF office space with 6 private offices and open work area
  • Conveniently located on the 2nd floor with elevator access
  • All‑inclusive monthly rent of $2,756.00 (NNN included)

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

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 - Second floor office space available for rent.
Where is this office units located?
The property is located at 500 COVENTRY Lane #120 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: Move‑in ready 1,827 SF office space with 6 private offices and open work area; Conveniently located on the 2nd floor with elevator access; All‑inclusive monthly rent of $2,756.00 (NNN included)
More about this property
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