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Multi-Tenant Shopping Center
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5340 Northwest Hwy, Crystal Lake, IL 60014

The offering includes five separately PIN’d buildings with retail anchors and smaller tenant spaces.

Property Size96,864 SF
Lot Size13.25 Acres
Days on Market144

Property Features for 5340 Northwest Hwy

General Information

Standard status Active
Size 96,864 SF
Lot size 13.25 Acres
Property subtype Retail
Occupancy 99%

Site & Location

Anchor Co-Tenants Buy Buy Baby, Binny’s Beverage Depot, Five Below, Target, Kohl’s, Party City, Planet Fitness, Fresh Thyme Market
Traffic Count 31,898 vehicles/day

Building Details

Buildings 5
Tenancy Multi
Listing Agency: Cushman & Wakefield - Nashville, Tennessee
Listed By: Evan Halkias · License #IL 475120259
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:28AM

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 Cushman & Wakefield - Nashville, Tennessee

Investment Insights

Based on property information with market context.

Bohl Farm Marketplace is a 96,864-square-foot retail center comprising five individual buildings. The layout includes a primary multi-tenant building with Buy Buy Baby and Five Below, a standalone Binny’s Beverage Depot location, and three additional buildings with multiple retail spaces. Target serves as a shadow anchor for the main building, while Kohl’s, Party City, Planet Fitness, and Fresh Thyme Market are also identified as shadow anchors.

The property occupies 13.25 acres at the signalized intersection of Northwest Highway and Exchange Drive in Crystal Lake, Illinois. The intersection records 31,898 VPD, and the center is positioned within a Chicago suburb located 45 miles northwest of Chicago. Occupancy is 99%, with a weighted average remaining lease term of 6.5 years. Buy Buy Baby, Binny’s Beverage Depot, and Five Below represent 71% of the property’s GLA.

Key Highlights

  • 96,864‑square‑foot shopping center on 13.25 AC
  • 99% occupied with a 6.5 Years weighted average remaining lease term
  • Five individual, subdivided and separately PIN’d buildings

Property Analytics

Current Use

Shopping centers

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

31,898 VPD
Traffic count
99%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby
453k
Monthly Visits Nearby
Well-served
Demand for This Use

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?
Shopping center - The offering includes five separately PIN’d buildings with retail anchors and smaller tenant spaces.
Where is this shopping center located?
The property is located at 5340 Northwest Hwy Crystal Lake, IL.
What are key features of this property?
This property features: 96,864‑square‑foot shopping center on 13.25 AC; 99% occupied with a 6.5 Years weighted average remaining lease term; Five individual, subdivided and separately PIN’d buildings
(312) 470-2317 Call to check price and availability
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